1 Million Rupiah Note: The Largest Denomination in Indonesian Currency
The 1 million rupiah note is the largest denomination of the Indonesian rupiah, the official currency of Indonesia. Introduced in 2016, this note is a significant addition to the Indonesian currency system.
Design and Security Features
The 1 million rupiah note features a portrait of Tjut Meutia, a national heroine from Aceh, on the obverse side. The reverse side displays an image of the Indonesian Parliament building. The note is designed with advanced security features to prevent counterfeiting, including:
- Watermark: A transparent image of Tjut Meutia's portrait
- Security Thread: A 3mm wide security thread embedded in the paper
- Microprinting: Tiny texts of "BI" and "1.000.000" printed repeatedly
- Hologram: A shimmering image of the Indonesian coat of arms
Dimensions and Material
The 1 million rupiah note has a dimension of 151 mm x 65 mm, making it slightly larger than other denominations. The note is printed on high-quality paper with a unique texture and a subtle shimmering effect.
Circulation and Usage
The 1 million rupiah note is primarily used for high-value transactions, such as large purchases, investments, and international trade. Although it is not as widely used as smaller denominations, it serves as a symbol of Indonesia's economic growth and development.
Collectibility
Due to its limited circulation and unique design, the 1 million rupiah note has become a sought-after collector's item among numismatists and currency enthusiasts.
In conclusion, the 1 million rupiah note is a testament to Indonesia's economic progress and a valuable addition to the country's currency system. Its advanced security features, unique design, and limited circulation make it a prized possession for collectors and a significant part of Indonesia's financial landscape.