Economy of Indonesia the Republic of Indonesia), a currency issued by the Republican Government which was the predecessor of Rupiah. Despite so, currency issued during the Japanese occupation and by Dutch authorities were still in circulation, and simplicity of the ORI made its counterfeiting straightforward, worsening matters. Once the nation's independence has been recognised by the Netherlands on December 1949, the next 10 years saw the devaluation of Dutch banknotes into half their value ("Gunting Sjafruddin"), dissolution of the United States of Indonesia in 1950, and during the liberal democracy period the nationalization of "De Javasche Bank" into modern Bank Indonesia and the
National Museum of Indonesia National Museum of Indonesia The National Museum of Indonesia (), is an archeological, historical, ethnological, and geographical museum located in Jalan Medan Merdeka Barat, Central Jakarta, right on the west side of Merdeka Square. Popularly known as the Elephant Building () after the elephant statue in its forecourt. Its broad collections cover all of Indonesia's territory and almost all of its history. The museum has endeavoured to preserve Indonesia's heritage for two centuries. The museum is regarded as one of the most complete and the best in Indonesia, as well as one of the finest museum in Southeast Asia. The