History Of The Indonesian Rupiah
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History Of The Indonesian Rupiah
The currency of Indonesia, the rupiah, has a long history dating back to its colonial period. Due to periods of economic uncertainty and high inflation, the currency has been re-valued several times. 800–1600 Native, Javanese and Chinese money The first coin-like products found in Indonesia date from the 9th century Buddhist Sailendran dynasty and were produced in Indonesia until the 12th century: gold and silver ''massa'' (''emas'' is the modern Indonesian word for "gold"), tahil and ''kupang'', often described with the letter ''ma'' for ''massa'' or the image of sandalwood flower. Also used in this period were '' Mutisalah'' of Lesser Sunda Islands, strings of beads of Indo-Pacific origins, produced by the Sumatran Srivijaya empire, which spread to Borneo, Java and to the eastern Indonesian islands ( Maluku islands ) in the 13th century. In the eastern islands those beads are saved as heirlooms until the present, using Chinese-made beads after the defeat of Srivijaya. T ...
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Indonesia
Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania between the Indian and Pacific oceans. It consists of over 17,000 islands, including Sumatra, Java, Sulawesi, and parts of Borneo and New Guinea. Indonesia is the world's largest archipelagic state and the 14th-largest country by area, at . With over 275 million people, Indonesia is the world's fourth-most populous country and the most populous Muslim-majority country. Java, the world's most populous island, is home to more than half of the country's population. Indonesia is a presidential republic with an elected legislature. It has 38 provinces, of which nine have special status. The country's capital, Jakarta, is the world's second-most populous urban area. Indonesia shares land borders with Papua New Guinea, East Timor, and the eastern part of Malaysia, as well as maritime borders with Singapore, Vietnam, Thailand, the Philippines, Australia, Palau, and India ...
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Spanish East Indies
The Spanish East Indies ( es , Indias orientales españolas ; fil, Silangang Indiyas ng Espanya) were the overseas territories of the Spanish Empire in Asia-Pacific, Asia and Oceania from 1565 to 1898, governed for the Spanish Crown from Mexico City and Madrid through the captaincy general which ruled Manila. The Monarchy of Spain, King of Spain traditionally styled himself "King of the East and West Indies (in Spanish language, Spanish: ''Rey de las Indias orientales y occidentales)''". From 1565 to 1821 these territories, together with the Spanish West Indies, were administered through the New Spain, Viceroyalty of New Spain based in Mexico City. After independence of the Declaration of Independence of the Mexican Empire, Mexican Empire, they were ruled directly from Madrid. The territories ruled included present-day Philippines, Guam and the Mariana Islands, as well as Palau, part of Micronesia and for a brief period Spanish Formosa, Northern Taiwan and parts of North Sulawesi ...
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Japanese Government-issued Currency In The Dutch East Indies
The Netherlands Indies gulden, later the Netherlands Indies roepiah (), was the currency issued by the Japanese occupiers in the Dutch East Indies between 1942 and 1945. It was subdivided into 100 sen and replaced the gulden at par. History Background In December 1941, the Empire of Japan began its assault on British Borneo; by January 1942 its armies had begun to attack those parts of the island which were part of the Dutch East Indies. This was followed by attacks on Sumatra and Java in February. Ultimately, the Dutch colonial government capitulated on 8 March 1942, though pockets of resistance lasted for several months. In the succeeding months, the Japanese government closed the banks, seized assets and currency, and assumed control of the Indies' economy. Java was left under the administration of the Sixteenth Army, Sumatra under the Twenty-Fifth Army, and the remainder of the archipelago under the Japanese Navy. This administrative division meant that some notes were h ...
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Japanese Occupation Of The Dutch East Indies
The Empire of Japan occupied the Dutch East Indies (now Indonesia) during World War II from March 1942 until after the end of the war in September 1945. It was one of the most crucial and important periods in modern Indonesian history. In May 1940, Germany occupied the Netherlands, and martial law was declared in the Dutch East Indies. Following the failure of negotiations between the Dutch authorities and the Japanese, Japanese assets in the archipelago were frozen. The Dutch declared war on Japan following the 7 December 1941 Attack on Pearl Harbor. The Japanese invasion of the Dutch East Indies began on 10 January 1942, and the Imperial Japanese Army overran the entire colony in less than three months. The Dutch surrendered on 8 March. Initially, most Indonesians welcomed the Japanese as liberators from their Dutch colonial masters. The sentiment changed, however, as between 4 and 10 million Indonesians were recruited as forced labourers ('' romusha'') on economic deve ...
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Dutch East Indies Campaign
The Dutch East Indies campaign of 1941–1942 was the conquest of the Dutch East Indies (present-day Indonesia) by forces from the Empire of Japan in the early days of the Pacific campaign of World War II. Forces from the Allies attempted unsuccessfully to defend the islands. The East Indies were targeted by the Japanese for their rich oil resources which would become a vital asset during the war. The campaign and subsequent three and a half year Japanese occupation was also a major factor in the end of Dutch colonial rule in the region. Background The East Indies was one of Japan's primary targets if and when it went to war because the colony possessed abundant valuable resources, the most important of which were its rubber plantations and oil fields; the colony was the fourth-largest exporter of oil in the world, behind the U.S., Iran, and Romania. The oil made the islands enormously important to the Japanese, so they sought to secure the supply for themselves. They sent ...
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Japanese One Gulden Note- Occupation Currency Dutch East Indies- Now Indonesia
Japanese may refer to: * Something from or related to Japan, an island country in East Asia * Japanese language, spoken mainly in Japan * Japanese people, the ethnic group that identifies with Japan through ancestry or culture ** Japanese diaspora, Japanese emigrants and their descendants around the world * Japanese citizens, nationals of Japan under Japanese nationality law ** Foreign-born Japanese, naturalized citizens of Japan * Japanese writing system, consisting of kanji and kana * Japanese cuisine, the food and food culture of Japan See also * List of Japanese people * * Japonica (other) * Japonicum * Japonicus This list of Latin and Greek words commonly used in systematic names is intended to help those unfamiliar with classical languages to understand and remember the scientific names of organisms. The binomial nomenclature used for animals and plants i ... * Japanese studies {{disambiguation Language and nationality disambiguation pages ...
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Bank Indonesia
Bank Indonesia (BI) is the central bank of the Republic of Indonesia. It replaced in 1953 the Bank of Java ( nl, De Javasche Bank, DJB), which had been created in 1828 to serve the financial needs of the Dutch East Indies. History Bank of Java King William I of the Netherlands granted the right to create a private bank in the Indies in 1826, which was named . It was founded on 24 January 1828 and later became the bank of issue of the Dutch East Indies. The bank regulated and issued the Netherlands Indies gulden. In 1881, an office of the Bank of Java was opened in Amsterdam. Later followed the opening of an office in New York. By 1930 the bank owned sixteen office branches in the Dutch East Indies: Bandung, Cirebon, Semarang, Yogyakarta, Surakarta, Surabaya, Malang, Kediri, Banda Aceh, Medan, Padang, Palembang, Banjarmasin, Pontianak, Makassar, and Manado. The Bank of Java was operated as a private bank and individuals as well as industries etc. could get help in the bank ...
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Netherlands Indian Gulden
The Netherlands Indies gulden was the unit of account of the Dutch East Indies from 1602 under the United East India Company ( nl, Vereenigde Oost-Indische Compagnie; VOC), following Dutch practice first adopted in the 15th century (gulden coins were not minted in the Netherlands between 1558 and 1681 and none circulated in the Indies until a century later). A variety of Dutch, Spanish and Asian coins were in official and common usage. After the collapse of the VOC at the end of the 18th century, control of the islands reverted to the Dutch government, which issued silver 'Netherlands Indies' gulden and fractional silver and copper coins until Indonesian independence in 1949. History Prior to European contact A number of forms of payment were found throughout the archipelago prior to European contact. Stamped gold and silver masa and kupang date from the 9th century, with later coins substantially debased, with 13th-century silver masa containing only copper, while gold coins w ...
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Surabaya
Surabaya ( jv, ꦱꦸꦫꦧꦪ or jv, ꦯꦹꦫꦨꦪ; ; ) is the capital city of the Provinces of Indonesia, Indonesian province of East Java and the List of Indonesian cities by population, second-largest city in Indonesia, after Jakarta. Located on the northeastern border of Java island, on the Madura Strait, it is one of the earliest port cities in Southeast Asia. According to the Government of Indonesia, National Development Planning Agency, Surabaya is one of the Regions of Indonesia#Development regions, four main central cities of Indonesia, alongside Jakarta, Medan, and Makassar. The city has a population of 2.87 million within its city limits at the 2020 census and 9.5 million in the extended Surabaya metropolitan area, making it the List of metropolitan areas in Indonesia, second-largest metropolitan area in Indonesia. The city was settled in the 10th century by the Janggala, Kingdom of Janggala, one of the two Javanese kingdoms that was formed in 1045 when ...
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Batavian Republic
The Batavian Republic ( nl, Bataafse Republiek; french: République Batave) was the successor state to the Republic of the Seven United Netherlands. It was proclaimed on 19 January 1795 and ended on 5 June 1806, with the accession of Louis Bonaparte to the Dutch throne. From October 1801 onward, it was known as the Batavian Commonwealth ( nl, Bataafs Gemenebest). Both names refer to the Germanic tribe of the ''Batavi'', representing both the Dutch ancestry and their ancient quest for liberty in their nationalistic lore. In early 1795, intervention by the French Republic led to the downfall of the old Dutch Republic. The new Republic enjoyed widespread support from the Dutch populace and was the product of a genuine popular revolution. However, it was founded with the armed support of the French revolutionary forces. The Batavian Republic became a client state, the first of the " sister-republics", and later part of the French Empire of Napoleon. Its politics were deeply in ...
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Duit
The duit (plural: ''duiten''; en , doit) was a copper Dutch coin worth 2 ''penning'', with 8 duit pieces equal to one ''stuiver'' and 160 duit pieces equal to one ''gulden''. In Dutch Indonesia 4 duit pieces were equal to one ''stuiver''. To prevent smuggling, the Dutch East India Company (VOC) ordered special coins with the company monogram embossed upon them. Only those pieces were valid in Indonesia. The duit was once used in the Americas in areas under Dutch rule. The name of the coin was preserved for a long time in the 'fourduitcoin' (or 'plak'), because it was worth 4 duiten = half a stuiver (or 2.5 cents). The Dutch language has many expressions, proverbs and sayings which feature the word 'duit'. * "Putting a duit in the bag" () – to contribute something * "He is a duit-thief" () – he is very greedy * "He has much shit, but little duit" () – he is a boaster * "To be courageous like a three-duit haddock" () – to be cowardly * "To give someone of four duit ba ...
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Batavia, Dutch East Indies
Batavia was the capital of the Dutch East Indies. The area corresponds to present-day Jakarta, Indonesia. Batavia can refer to the city proper or its suburbs and hinterland, the Ommelanden, which included the much-larger area of the Residency of Batavia in the present-day Indonesian provinces of Jakarta, Banten and West Java. The founding of Batavia by the Dutch in 1619, on the site of the ruins of Jayakarta, led to the establishment of a Dutch colony; Batavia became the center of the Dutch East India Company's trading network in Asia. Monopolies on local produce were augmented by non-indigenous cash crops. To safeguard their commercial interests, the company and the colonial administration absorbed surrounding territory. Batavia is on the north coast of Java, in a sheltered bay, on a land of marshland and hills crisscrossed with canals. The city had two centers: Oud Batavia (the oldest part of the city) and the relatively-newer city, on higher ground to the south. It was ...
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