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Home > World Banknotes > Asian Banknotes > Indonesia > Billet Indonesia 500 rupiah 1988
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Banknote Billet Indonesia 500 rupiah 1988

Ref. : NCB14186
Product type
Banknote
Date/Year
1988
Catalogue
WPM (P. 123)
Country
Indonesia
Quality
UNC
Face value
500 rupiah
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Description

The 500 Rupiah banknote issued by Indonesia in 1988 belongs to the series bearing the prefix EDZ. It is a representative example of Indonesian monetary policy of this period, characterized by naturalistic and heritage iconography.

The central element of this banknote is the Timor Deer (Cervus timorensis), a species endemic to the Indonesian region, found notably on the island of Timor as well as on several other islands of the archipelago. This deer, also known as the Javan deer in some classifications, holds a symbolic place in local fauna, and its illustration on this banknote reflects the intention of Indonesian monetary authorities to highlight the country's biodiversity through its currency emissions.

Bank Indonesia, the issuing institution of this banknote, produced during the 1980s several series honoring the fauna, flora, and cultural elements of the Indonesian archipelago, thus reflecting a strong national identity through fiduciary currency.

The face value of 500 Rupiah corresponded, at the time of its issue, to an intermediate denomination in the Indonesian monetary system of the era. The EDZ series allows precise identification of the issue batch of this banknote and constitutes important information for collectors wishing to establish a rigorous classification of their specimens.

Its condition as well as the integrity of its identification series are determining criteria for assessing its value among collectors specializing in Asian numismatics or 20th-century banknotes.

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