Posted 10/22/2017 3:17 pm
Long story short: IDR 1000 coins are always scarcer than the note.
But here's the long story anyways
As far as I can recall, the bimetal ones have always been rather scarce in circulation (at least when I was kindergarten, 2003-2005-ish). The last one I got was 2 years ago.
The 2010 one was initially very very scarce, and seemed to "reappear" on 2014 or 2015, that's when I started to hoard them. It's been rather scarce again these days.
The newer 2016 coins have barely started to circulate in my town in Central Java. I believe they are more prevalent in Jakarta (the capital). I only got one new 500 once in Bandung, West Java, and a 200 few days ago in my town.
So location really matters... futhermore the old ones aren't demonetized so the new ones spread rather slowly.
The notes, however, have a very different story.
The 1000 note has been very very common until 2000 note was issued, and then prices rise up, which made the use of 2000 notes more practical than 1000 ones (e.g. public transport, parking fees, buying snacks).
The 2016 notes have started to circulate in my town.
Generally speaking, the spread of new notes in Indonesia is almost always faster than the coins. Every year during Moslem's new year celebrations, people like to "buy" new notes, particularly smaller denominations, to be given to younger family members that come to visit their house during the holiday as new year gifts.
While for larger denomination notes, they are spread mainly via ATMs.
But here's the long story anyways
As far as I can recall, the bimetal ones have always been rather scarce in circulation (at least when I was kindergarten, 2003-2005-ish). The last one I got was 2 years ago.
The 2010 one was initially very very scarce, and seemed to "reappear" on 2014 or 2015, that's when I started to hoard them. It's been rather scarce again these days.
The newer 2016 coins have barely started to circulate in my town in Central Java. I believe they are more prevalent in Jakarta (the capital). I only got one new 500 once in Bandung, West Java, and a 200 few days ago in my town.
So location really matters... futhermore the old ones aren't demonetized so the new ones spread rather slowly.
The notes, however, have a very different story.
The 1000 note has been very very common until 2000 note was issued, and then prices rise up, which made the use of 2000 notes more practical than 1000 ones (e.g. public transport, parking fees, buying snacks).
The 2016 notes have started to circulate in my town.
Generally speaking, the spread of new notes in Indonesia is almost always faster than the coins. Every year during Moslem's new year celebrations, people like to "buy" new notes, particularly smaller denominations, to be given to younger family members that come to visit their house during the holiday as new year gifts.
While for larger denomination notes, they are spread mainly via ATMs.
Edited by Guybrush
10/22/2017 3:26 pm
10/22/2017 3:26 pm
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