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500 Rupiah 'Sudirman' issue
| Issuer | Bank Indonesia |
|---|---|
| Year | 1968 |
| Type | Standard circulation banknote |
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| Obverse description | Portrait of General Sudirman in three-quarter view to the left, rendered in intaglio, occupies the left portion of the note. The central field carries the bank title 'BANK INDONESIA' and the denomination 'LIMARATUS RUPIAH' in bold letterpress, flanked by ornate guilloche underprint in green and yellow tones. The Indonesian national arms appear at upper centre, with two facsimile signatures and the year date 1968 below, and the designer credit 'M. SADJIROEN DEL.' at lower left. |
|---|---|
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| Protection description | Indonesian national arms watermark. |
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| Comments |
By 1968, Indonesia was still stabilizing after the catastrophic hyperinflation of the Sukarno years, during which prices had roughly doubled every few months through the mid-1960s. The 500 rupiah denomination, worth almost nothing under the old regime, carried real purchasing power again only because of the 1965 redenomination — the new rupiah replaced the old at 1,000 to one.
Percetakan Kebayoran was a domestic press, and the limitations show. The watermark security is modest by international standards of the period, reflecting what the facility could produce rather than what the central bank might have preferred.