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Uang

Uang is the Indonesian word for money, referring to the medium of exchange used to facilitate economic transactions. In everyday usage, uang encompasses both physical cash and forms of money stored or transferred electronically.

The official currency of Indonesia is the rupiah (IDR). It is issued and regulated by Bank Indonesia,

Money serves three core purposes in an economy: it is a medium of exchange, a store of

Historically, the rupiah has been the national currency since the mid-20th century, with monetary policy and

The term uang is widely used in Malay-language regions as well, reflecting shared linguistic roots. In law,

the
country’s
central
bank.
The
rupiah
is
subdivided
into
100
sen,
though
small
sen
denominations
are
rarely
used
in
daily
life
and
prices
are
typically
quoted
in
rupiah.
value,
and
a
unit
of
account.
In
Indonesia,
uang
exists
as
physical
money—banknotes
and
coins—as
well
as
non-cash
money
such
as
demand
deposits,
electronic
money,
and
other
digital
payment
methods.
The
use
of
non-cash
payments
has
grown
with
financial
technology
and
widespread
smartphone
access.
currency
issuance
managed
by
Bank
Indonesia.
The
country
experienced
severe
inflation
during
the
late
1990s
crisis,
followed
by
stabilization
and
ongoing
reforms
to
maintain
price
stability
and
financial
resilience.
the
rupiah
is
the
legal
tender
of
Indonesia;
foreign
currencies
may
be
accepted
in
some
contexts
but
are
not
legal
tender.