Current Legal Tender
The current rupiah consists of coins from 50 rupiah up to 1000 rupiah (1 rupiah are officially legal tender but are effectively worthless and are not circulated), and from banknotes of 1000 rupiah up to 100,000 rupiah. With US$1 generally worth about 9,400 rupiah (August 2012), the largest Indonesian banknote is therefore worth approximately US$10.64.
Read more about this topic: Indonesian Rupiah
Famous quotes containing the words current, legal and/or tender:
“We set up a certain aim, and put ourselves of our own will into the power of a certain current. Once having done that, we find ourselves committed to usages and customs which we had not before fully known, but from which we cannot depart without giving up the end which we have chosen. But we have no right, therefore, to claim that we are under the yoke of necessity. We might as well say that the man whom we see struggling vainly in the current of Niagara could not have helped jumping in.”
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