In late 1965, the 'new rupiah' was brought in, at 1 new rupiah to 1,000 old rupiah.
The exchange rate was published each day.
Lembaga Alat-Alat Pembayaran Luar Negeri Publication No.
Further audits showed that the other banks were also fundamentally weak.
The government response to the crisis sent mixed messages, with falling interest rates doing nothing to support confidence in the rupiah, and the rupiah continued to be sold, as companies that had been borrowing heavily in dollars had to meet their obligation.
March 2002 had the currency break below Rp 10,000, from which point the currency maintained a rate in the 8,000s and 9,000s until August 2005, and in the latter half of that year, the trading range extended towards Rp 11,000, but ending the year just below Rp 10,000.
Despite the fall of the currency of about 70% from June 1997 to December 1998, inflation of 60—70% in 1998 which caused riots and the end of the Suharto regime after 30 years in power meant that the real exchange rate fell only slightly.
Between 1946 and 1950 a large number of currencies circulated in Indonesia, with the Japanese gulden still remaining prevalent alongside the two new currencies and various local variants.