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1 Gulden/Roepiah

Issuer De Javasche Bank
Year 1948
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Currency Gulden (decimalized, 1854-1948)
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Obverse lettering DE JAVASCHE BANK
MEMBAJAR KEPADA PEMBAWA
SATOE ROEPIAH
BETAALT AAN TOONDER
EEN GULDEN
1948
SECRETARIS
PRESIDENT
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Protection type Watermark
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Comments

De Javasche Bank's position by 1948 was effectively terminal — the Dutch colonial banking infrastructure was in freefall following the independence declaration of August 1945 and the subsequent armed struggle. This note was issued into a monetary environment where two competing currencies, Indonesian Republican and Dutch colonial, circulated simultaneously in different parts of the archipelago, and where public confidence in colonial paper had collapsed in large sections of Java and Sumatra.

Thomas De La Rue produced the physical notes in London, far removed from the political chaos on the ground. Dutch sovereignty over Indonesia ended formally in December 1949, rendering this issue among the last De Javasche Bank would ever authorize.

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