Banknotes of the rupiah

The first paper money (banknotes) used in the Indonesian archipelago was that of the United East Indies Company, credit letters of the rijksdaalder dating between 1783 and 1811. Netherlands Indian gulden government credit paper followed in 1815, and from 1827 to 1842 and again from 1866 to 1948 gulden notes of De Javasche Bank. Lower denominations (below 5 gulden) were issued by the government in 1919–1920 and 1939–1940, due to wartime metal shortages, but otherwise day-to-day transactions were conducted using coinage.

Banknotes of the rupiah

The first paper money (banknotes) used in the Indonesian archipelago was that of the United East Indies Company, credit letters of the rijksdaalder dating between 1783 and 1811. Netherlands Indian gulden government credit paper followed in 1815, and from 1827 to 1842 and again from 1866 to 1948 gulden notes of De Javasche Bank. Lower denominations (below 5 gulden) were issued by the government in 1919–1920 and 1939–1940, due to wartime metal shortages, but otherwise day-to-day transactions were conducted using coinage.