Historical Preview
The banknotes were first used in the Indonesian archipelago by the Dutch East India Company, letters of credit from rijksdaalder dating between 1783 and 1811. The Dutch Indies Gulden credit paper was followed in 1815, and from 1827 it became a gulden note from De Javasche Bank. Lower denominations (under 5 guilders) issued by the government in 1919-1920 and 1939-1940, due to a lack of metal for war, but instead day-to-day transactions were made using coins.
The guilder money was issued by the 'Japanese Government' during the occupation from 1942, to 'roepiah' in 1943.
The actual banknotes of the rupiah were only issued in 1946, during the war of independence with the Dutch, following the unilateral declaration of independence by Indonesia at the end of World War II on August 17, 1945. This money was known as 'Oeang Republik Indonesia'
Money circulating in Indonesia, although guaranteed by the government, always fluctuates, even its value always decreases and falls to a very low level. Our money, proud of Indonesia, despite the loss of pride in the stability of rupiah value, the deposit of money in the bank or at home proved to drop significant value. In the 1960s, the value of one thousand dollars was cut into one rupiah. Imagine! Imagine, if your savings in the bank worth Rp1.000.000 to Rp1.000. What do you want to do with such a tragedy of value sloth. It's just an investment asset in gold that is at a safe level.
Real Our Reality
Seeing economic stability in the eighties did not guarantee the value of the rupiah stable. A thousand rupiah, like the picture, declined again in value when the devaluation of the rupiah was applied in 1985. The dollar value in the range of Rp800 per dollar was doubled to Rp1,600. Again, the rupiah refers to a chaotic statement. The price of gold in the range of Rp6,000 per gram jumped to Rp13.000 sd Rp14.000. At that time investment in gold is at a safe level.
Deputies that relied on the bank were rejuvenated during the 1997 monetary crisis. And, all forms of investment were destroyed, ransacked even when the Habibie President era, the economic crisis. Looking at two currency comparisons, of course we are not unnerved by the form and value of money again, because it is only worth at a certain moment. Thus, investments in electronic money, such as the prospective program being carried out by steemit, make it possible for us to survive in a variety of electronic investments, which are certainly different from conventional demands.
Make a Decicion
Well, now we have been able to compare the value of the currency issued by the Indonesian government in 1980 and 1987. Only seven years apart, not only the value of the currency that changed, but also the type of money also changed, all happening on the economic policy that decreases the value of public trust. Then, what to do is what we have been facing bad for our investment during the years. Let us make our improvement by following the tips of our steemet prospective value. May be useful.
Congratulations @danychits! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :
Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word
STOPCongratulations @danychits! You received a personal award!
Click here to view your Board of Honor
Congratulations @danychits! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!