New Money 2022 When Will Circulate – Since 17 August 2022, coinciding with the 77th Anniversary of the Republic of Indonesia, the 2022 TE Money has been circulated by Bank Indonesia (BI).
On Thursday, August 18, 2022, the government and BI (Bank Indonesia) issued seven new rupiah notes for 2022 emissions (Te 2022 Money). Perry Warjiyo, as Governor of BI, stated that the seven new notes were officially circulated and valid throughout Indonesia.
Quoted from the page Secretariat of the Cabinet of the Republic of Indonesia, Perry said that, "The Minister of Finance with me has officially launched the new issuance money in 2022 as a legal tender throughout the territory of the Republic of Indonesia."
The TE money itself consists of denominations of Rp. 100,000, Rp. 50,000, Rp. 20,000, Rp. 10,000, Rp. 5,000, Rp. 2,000, and Rp. 1,000.
With the circulation of the 2022 TE Money, many people are wondering "When will it be in circulation?", "How to exchange it?", "Why can a new currency be launched?". Well, some of these questions can be answered by Whizmin below. Listen, yes!
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The emergence of new money in 2022, when will it circulate?
1. Why Was New Money 2022 Released?
At the Indonesian Sovereign Rupiah Festival, Friday, August 19, 2022, Perry stated that there are several objectives for the launch of the 2022 TE Money. The objectives are:
- Creating new innovations by having high quality and reliability.
- Avoiding cases of counterfeiting money.
- TE 2022 notes have a longer circulation life.
Perry also stated that the 2022 TE Money can already be used as a means of payment throughout Indonesia. This time, the 2022 TE money also has a theme, namely being united in the rupiah and sovereign in the Unitary Republic of Indonesia.
This theme is illustrated by the image of Garuda Pancasila in the middle of a complete circle and the ornaments of the archipelago. This shows that the unity of various cultural diversity and customary heritage is contained in the sovereign state of the Republic of Indonesia.
In addition, the process of making TE 2022 money is also standardized on the design of the money. Not to forget, BI has also strengthened money security materials with modern technology so that security can be guaranteed.
In addition, the renewal of the 2022 TE Money can also make it easier for groups with special needs. One of them is blind.
2. When will the 2022 new money circulate?
Starting Monday, August 22, 2022, banks will begin to replace the supply of old rupiah currency with new ones. Banks will slowly withdraw the seven denominations of the old issue year notes.
Marlison Hakim as the Head of BI's Money Management Department, stated that along with the withdrawal of old money, later at ATMs, IDR 100,000 and IDR 50,000 issuances will be available in 2022.
Marlison also said that BI had supplied to various regions in Indonesia regarding the circulation of new money. However, the 2022 TE Money is still slightly circulated, which is less than Rp 1 trillion. Therefore, there is a restriction on the exchange of IDR 1 million per person until the end of September 2022.
According to Marlison, this is because the money exchange is still in the stage of introducing new money into the public domain.
Well, for people who are interested in exchanging money, it can be through banking or mobile cash organized by BI. Ordering money exchange by mobile cash is done through the PINTAR application which can be accessed via the link https://pintar.bi.go.id.
The exchange application can be accessed from 18 August 2022 at 11.00 WIB. In addition, it should also be noted that the circulation of the 2022 TE Money does not immediately revoke the previous money.
The old rupiah currency is still circulating in the community as long as it has not been revoked by BI.
3. How to Exchange New Money 2022
Apart from banking, the public can exchange TE 2022 money through mobile cash. However, if you use mobile cash, the community must first register on the https://pintar.bi.go.id page.
The following is a way of exchanging new money through mobile cash:
- Open the page https://pintar.bi.go.id.
- Select the “Money Exchange Via Mobile Cash” option
- Select the province where you exchange money
- Click the “View Location” option
- Choose one of the available places for mobile cash exchange
- Complete your data
- Select "TE 2022 Rupiah Money"
- Choose the money package you want to exchange with a minimum of IDR 200,000 and a maximum of IDR 1,000,000.
- Place an order to get proof of your mobile cash service order.
Later, you can download proof of an exchange order via email. The proof of redemption contains information on the code, name of the exchanger, schedule, and the amount of money exchanged. At the selected time, you must show proof of your redemption order in printed or digital form.
The public also exchanged money with five TE 2022 Money packages. Among them, Package 1 (Rp. 200,000), Package 2 (Rp. 400,000), Package 3 (Rp. 600,000), Package 4 (Rp. 800,000), Package 5. (Rp 1,000,000).
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How? Are you interested in exchanging your rupiah currency for 2022 TE Money? If you're interested, make sure you exchange it in a place that already has credibility, so you can avoid bad things.
It's also a good idea before you exchange money, you download the Whiz financial application. so that you can improve your financial literacy. By increasing financial literacy together the Whiz financial application. You can avoid crime or bad things about finances.
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