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5 Rupiah Overprint
| Issuer | Bank Indonesia (Riau Islands issue) |
|---|---|
| Year | 1963 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
| Size | 131 x 64 mm |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Violet guilloche reverse centred on a large vignette of a Balinese female dancer in traditional costume and headdress, positioned to the right, with a mythological creature figure at left. The serial number prefix KR appears twice in red, indicating the Riau regional issue, with the full serial number printed in black at upper left and lower right. The denomination LIMA RUPIAH is inscribed at top, with a fine micro-text band running along the lower portion of the note. |
| Reverse lettering | LIMA RUPIAH 5 KR |
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| Comments |
The Riau Islands overprint series was a direct response to rampant cross-border currency arbitrage between Indonesia and Singapore and Malaysia in the early 1960s. Standard Bank Indonesia notes were being exported in bulk by traders exploiting exchange rate differentials, draining the archipelago's domestic money supply. The solution was a regionally restricted currency — identical in design to the mainland issues but overprinted to confine legal tender status to the Riau Islands specifically.
Percetakan Kebayoran, the government printing works in Jakarta, handled the overprinting domestically rather than commissioning a foreign security printer. The Riau series was withdrawn in 1964 after barely a year in circulation, which keeps surviving low-denomination examples like this one genuinely uncommon in any grade.