Catalog
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| Issuer | Bank Indonesia |
|---|---|
| Year | 1959 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Rupiah (1950-1965) |
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| Obverse description | Central vignette of an Epiphyllum oxypetalum (Queen of the Night) flower rendered against a bluish-green underprint. Bank name and denomination inscriptions are arranged around the floral motif, with decorative border elements framing the composition. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | BARANGSIAPA MENIRU ATAU MEMALSUKAN UANG KERTAS DAN BARANGSIAPA MENGELUARKAN DENGAN SENGADJA ATAU MENJIMPAN UANG KERTAS TIRUAN ATAU UANG KERTAS JANG DIPALSUKAN AKAN DITUNTUT DIMUKA HAKIM |
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| Comments |
The 1959 Indonesian currency reform — Decree No. 2 of December 1959 — simultaneously redenominated the rupiah and froze large-denomination bank accounts, a blunt instrument designed to suppress inflation and drain liquidity from the black market. These low-denomination notes, printed by De La Rue in London, were unaffected by the redenomination itself but circulated into an economy that had just been deliberately contracted by government fiat.
De La Rue held the Bank Indonesia printing contract through much of the 1950s before domestic production at Peruri gradually absorbed the work in later decades.