1998/1999 series In 1998, during the final months of the New Order, the Rp10,000 and Rp20,000 notes were redesigned on 23 January and 19 February 1998 respectively, while the Rp50,000 note were redesigned on 1 June 1999, the first during the reformation. The new Rp10,000 and Rp20,000 notes now feature a latent image that shows the text "BI" when viewed at a certain angle as an added security feature. Then-Senior Deputy Governor of Bank Indonesia Mirza Adityaswara's prediction of an increase of demand in cash to anticipate the
Year 2000 problem led to the introduction of a new polymer
Rp100,000 note on 1 November 1999, with five hundred million notes (totalling Rp500 billion) of this denomination being ordered from
Note Printing Australia. This marked the first time the former president
Sukarno appeared on an Indonesian banknote since 1967 and also the first banknote in Indonesian history featured former vice president
Mohammad Hatta. All notes of this series are no longer legal tender since 31 December 2008 and were exchangeable at commercial banks until 30 December 2013 and at Bank Indonesia offices until 30 December 2018.
2000–2014 series The lower denominations, Rp1,000 and Rp5,000, were updated in 2000 and 2001. While the Rp5,000 note is still being printed, the Rp1,000 note was last issued dated 2013 (a limited number of notes dated 2016 were issued later) and, while remaining in circulation, has largely been replaced by a coin of the same value. The Rp20,000 and Rp100,000 notes were redesigned on 29 December 2004, while the Rp10,000 and Rp50,000 notes were redesigned on 20 October 2005. The Rp100,000 note's material was switched to paper as bank machines have difficulty counting the polymer notes of 1999. All the notes were given better security features, including a segmented security thread and colour-shifting ink, with the Rp100,000 note also given an Irisafe technology to its right which was removed in 2011. A new denomination,
Rp2,000, was issued on 9 July 2009 after several delays following an initial announcement that said note would replace the Rp1,000 note as the lowest note in circulation. However, the latter continued to be printed, most recently in 2022. On 20 July 2010, the 2005-issue Rp10,000 note was revised, featuring the same theme but with a colour change to purple in order to better distinguish it from the Rp100,000 note. Several changes were also made to the note's security features and devices, including the addition of
omron rings and a circle-shaped blind code. The following year, in commemoration of that year's
Youth Pledge Day on 28 October 2011,
Bank Indonesia updated the Rp20,000, Rp50,000, and Rp100,000 banknotes to feature enhanced security features including
rainbow printing, omron rings and new blind codes. Bank Indonesia further updated the Rp100,000 note on 17 August 2014 to deter counterfeiting. These banknotes, which bear the text "Negara Kesatuan Republik Indonesia" ("The Unitary State of the Republic of Indonesia") instead of "Bank Indonesia," still retain the images of the same national figures but have more golden colours and carry an imprint of TE. (abbreviation of "
Tahun Emisi", Issue Year) 2014 and the signatures of the then-
BI governor Agus Martowardojo and the then-Indonesian Finance Minister
Chatib Basri. That same year, President
Susilo Bambang Yudhoyono has officially appointed
Sukarno and
Mohammad Hatta as obverse of Rp100,000 banknotes, following the issuance of Presidential Decree No. 22 of 2 June 2014.
2016 series On 19 December 2016, Bank Indonesia completely redesigned all rupiah banknotes in the denominations of Rp1,000, Rp2,000, Rp5,000, Rp10,000, Rp20,000, Rp50,000 and Rp100,000. This series features various national heroes from Indonesia's history. In 2022, Bank Indonesia predicted that notes of this series will be removed from circulation in 2025 or 2026.
2022 series Bank Indonesia introduced a new series of banknotes on 18 August 2022. Officially, they were retroactively issued as legal tender on 17 August 2022 to commemorate Indonesia's 77th year of independence. Similar to the 2016 series, the Indonesian dances and national heroes are still featured on the notes, with some notable changes to their colour scheme, security features and sizes. == Commemorative banknotes ==