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 The Garuda's feathers represent the date of Indonesia's independence day which is 17 August 1945. The total feathers of the wings are 17 in each left and right wings. The total feathers in the tail are 8 and feathers of its neck are 45 in total. Indonesian national emblem is the Garuda with a heraldic shield on its chest and a scroll gripped by its leg. The shield's five emblems represent Pancasila, the five principles of Indonesia's national philosophy. Those five symbols of principle has its own meaning. First, the star in the middle symbolise sacred divinity, which means Indonesia