The ending of what amounted to an export tariff severely damaged government revenues, and as of 4 February 1952, the rupiah was officially devalued to Rp 11.
During the month, the rupiah fluctuated in the 3,300—3,650 range.
They provide much more competitive rates, fees, and commissions than banks or Paypal.
The policy began to be set out in November 1966, following the reaching of agreement with Indonesia's creditors in October 1966 on debt relief and loan restructuring.
The investor confidence in Indonesia was shaken, and due to previous deregulations, much of the Indonesian stock market was owned by foreign investors.
You will get a much better exchange rate and lower fees than at your bank.