10.000.000 Rupiah

The Membang Muda emission of 1948 belongs to the chaotic monetary period of the Indonesian National Revolution, when the Republican government — blockaded by Dutch forces and cut off from its Java-based institutions — was forced to produce emergency currency across Sumatra using whatever local printing resources could be requisitioned. The result was a proliferation of regionally issued Republican notes varying wildly in print quality and paper stock, of which the Membang Muda issues are among the more obscure.

The denomination itself reflects runaway wartime inflation rather than any stable unit of account. By 1948, the Oeang Republik Indonesia was depreciating rapidly against Dutch-controlled currency in occupied territories.