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 and hoisted in public at the Indonesian Independence Day ceremony, on 17 August 1945. The design of the flag has remained the same ever since. Indonesia Raya is the national anthem of the Republic of Indonesia. The song was introduced by its composer, Wage Rudolf Supratman, on 28 October 1928 during the Second Indonesian Youth Congress in Batavia. The song marked the birth of the all-archipelago nationalist movement in Indonesia that supported the idea of one single "Indonesia" as successor to the Dutch East Indies, rather than split into several colonies. Indonesian language () is the official language of Indonesia.