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The rupiah is the national currency of Indonesia. Introduced in 1946 by Indonesian nationalists fighting for independence, the currency replaced a version of the Netherlands Indies gulden which had been introduced during the Japanese occupation in World War II. In its early years the rupiah was used in conjunction with other currencies, including a new version of the gulden introduced by the Dutch. Since 1950, it has had a lengthy history of inflation and revaluation. As of August 2018[update], the currency—which is issued and controlled by the Bank of Indonesia—is trading for more than 14,600 rupiah to the United States dollar.
This note, denominated 50,000 rupiah, is from a 2011 revision of an earlier series. It depicts I Gusti Ngurah Rai, a National Hero of Indonesia, on its obverse, and Bratan Temple on its reverse.
See other denominations: Rp 1,000, Rp 2,000, Rp 5,000, Rp 10,000, Rp 20,000, Rp 100,000Banknotes: Bank of Indonesia