New 20 Cent Note

The Indonesian central bank, Bank Indonesia, officially launched the new 2,000 Rupiah banknote last week. The banknote, which has a value of approximately US 20 cents, will eventually replace the 1,000 Rupiah note as the smallest note in Indonesia.

With the introduction of the new banknotes, the government plans to reduce production of the Rp. 1,000 notes.  They will replace them over time with Rp. 1,000 coins.

The mainly gray-colored note features an image of Prince Antasari on the front.  He is a national hero from Banjarmasin in South Kalimantan.  On the back is a drawing of a traditional Dayak dance.

It is expected that 1.2 million notes will be on the streets by the end of the year.