The second material judicial review hearing of Law No. 7 of 2011 on Currency for case No. 94/PUU-XXIII/2025, Thursday (6/26/2025)/Ilham W.M.

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JAKARTA (MKRI) — The Constitutional Court (MK) held another material judicial review petition of Article 5 paragraph (1) letter e and Article 5 paragraph (2) letter c of Law No. 7 of 2011 on Currency on Monday, June 30, 2025. Through legal counsel Priskila Oktaviani, Zico Leonard Djagardo Simanjuntak (Petitioner), an advocate, conveyed his wish not to present any revisions to his petition. The second hearing for case No. 94/PUU-XXIII/2025 was presided over by Constitutional Justices Arief Hidayat, Anwar Usman, and Enny Nurbaningsih in the plenary courtroom.

“Thank you for your confirmation. We will report at the justice deliberation meeting that advice has been given for the petition but [the Petitioner] insists [on the petition], without any revisions, referring to the initial petition. So the initial petition will be used, as emphasized,” panel chair Justice Arief stressed.

Also read: Fearing Miscalculations, Petitioner Requests Redenomination of Rupiah

At the preliminary hearing on Tuesday, June 17, the Petitioner argued that Article 5 paragraph (1) letter c of the Currency Law is unconstitutional. He argued that the excessive number of zeros in the rupiah’s denomination is inefficient. He further observed that numerous countries have undertaken currency redenomination, a step that also serves as an indicator of the stability of their national economies.

Furthermore, the Petitioner argued that large denominations often lead to errors in everyday transactions, particularly in digital payments made through Indonesia’s real-time payment system, QRIS (Quick Response Code Indonesian Standard). These errors—resulting from the excessive number of zeros—may also create opportunities for fraud. For instance, if a cashier or the payment system acts dishonestly, they could intentionally disregard such mistakes and retain any overpayment, thereby causing financial harm to the Petitioner and to others who regularly use digital payment methods.

For these reasons, the Petitioner requests that Article 5 paragraph (1) letter c and Article 5 paragraph (2) letter c of Law No. 7 of 2011 on Currency be declared unconstitutional and without binding legal force insofar as they are not interpreted to mean that “the nominal value must be adjusted by redenominating the rupiah at a ratio of Rp1,000 (one thousand rupiah) to Rp1 (one rupiah), and Rp100 (one hundred rupiah) to 10 cents, with corresponding adjustments mutatis mutandis to all other rupiah denominations.”

Author       : Sri Pujianti
Editor        : Lulu Anjarsari P.
PR            : Fauzan Febriyan
Translator  : Yuniar Widiastuti (NL)

Disclaimer: The original version of the news is in Indonesian. In case of any differences between the English and the Indonesian versions, the Indonesian version will prevail.

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