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Bank of Indonesia 100 Rupiah Bank Note 1964
$35.00
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The 100 rupiah banknote issued by Bank Indonesia in 1964 is a significant piece of Indonesia’s currency history. This note was part of the “Old Order” series, which was in circulation before the 1965 redenomination. Due to the high inflation rates during the early 1960s, the Indonesian government redenominated the currency in 1965, rendering the 1964 100 rupiah note obsolete. The redenomination was set at a rate of 1,000 old rupiah to 1 new rupiah. Consequently, the 1964 100 rupiah note was withdrawn from circulation and is now a collector’s item. Collectors value the 1964 100 rupiah note for its…
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Description
The 100 rupiah banknote issued by Bank Indonesia in 1964 is a significant piece of Indonesia’s currency history. This note was part of the “Old Order” series, which was in circulation before the 1965 redenomination.
Due to the high inflation rates during the early 1960s, the Indonesian government redenominated the currency in 1965, rendering the 1964 100 rupiah note obsolete. The redenomination was set at a rate of 1,000 old rupiah to 1 new rupiah. Consequently, the 1964 100 rupiah note was withdrawn from circulation and is now a collector’s item.
Collectors value the 1964 100 rupiah note for its historical significance and design. The note’s value can vary based on factors such as condition, rarity, and demand among collectors
