History of the Indonesian rupiah exchange rate with the US dollar from about 14,600 rupiah to 14.6. The plan has raised public concern that the monetary policy may devalue the currency. Bank Indonesia Governor Darmin Nasution immediately announced that the planned redenomination of the national currency would not inflict any financial losses as the measure would only strike a few zeros from the current denominations. History of the Indonesian rupiah The currency of Indonesia, rupiah, has a long history that stretch back to colonial period. Due to periods of uncertain economy and high inflation, the currency has been re-valued several times. The first coin-like products
National symbols of Indonesia song "Ibu Pertiwi" and "Indonesia Pusaka" . In the national anthem "Indonesia Raya" the lyrics ""Jadi pandu ibuku"" ("Become the scout/guide for my mother") is a reference to Ibu Pertiwi as the mother of Indonesian people. Nusantara is an Indonesian word for the Indonesian archipelago. It is originated from Old Javanese ""Nusa"" and ""Antara"". ""Nusa"" literally means Island and ""Antara"" literally means "between". It is named like that because Indonesian archipelago is located between two continents (Asia and Australia) and two oceans (Pacific Ocean and Indian Ocean) The map of Indonesian archipelago often used to symbolise Indonesia, especially Indonesian territory.