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 costume of Indonesia Muslim men) throughout the country. The "peci" is usually worn with "batik" shirt or western-style suits by men in Indonesia for those attending formal occasions. It is also commonly worn during Islamic religious occasions. Senior citizen Muslim men across Indonesia — usually in Jakarta who identify themselves as native Betawi people, also use this "peci" on an everyday basis. It is also a traditional head-dress of the Betawi people and also other ethnic groups, especially in the western parts of Indonesia which are mainly Muslims. Other than national costumes, each of the provinces of Indonesia — more precisely every ethnic