Early last year when the rate is about 7000rp, satu juta worth $143.
However now (1 year plus had past) when the rate is 9100rp, satu juta only worth $110.
However some hotel like formosa charge in sing dollar so there is no exchange rate loss to them. However, to remain competitive they may not anyhow increase their hotel room rate.....
Imagine when the exchange rate drop to S$1 = 10000 rupiah which eventually will happen one day as base on the historical report that rupiah since 40 years ago only depreciate against the dollar in the long run. Then should that really happen then converting dollar to rupiah is going to be very simple, just add 4 more zero behind and vice versa.
Historical record over 10 over years have already shown that rupiah has gradually weaken against the dollar with no sign of long term recovery, the strengthen of the rupiah is only short term and eventually it will devalued even lagi more.
Base on the Sing dollar/Rupiah historical exchange rate below, we notice that almost every year the Rupiah has been depreciating ranging from 300+ to 700+ per sing dollar per year with the exception in year 2006 and 2010. The source is taken from one of the historical exchange rate website base on an average calculation over 365 days in a year which is considered as quite accurate.
http://sgd.fx-exchange.com/idr/
Dollar to rupiah historical record
2003 - 4891
2004 - 5287
2005 - 5836
2006 - 5770
2007 - 6067
2008 - 6811
2009 - 7127
2010 - 6665
2011 - 6968
2012 - 7495
2013 (apr-oct) - 8276.
Sing dollar has always remain stable as it has plenty of foreign reserve, low interest rate and high economic growth. Some sources indicate that economy recession has actually started to happen in south east asia now, that is why we can see the following devaluation of the neighbouring countries currency:
Malaysian ringgit has devalued from 2.40 to 2.57 per sing dollar (estimate)
Thai baht has devalued from 23+ to 25+ per sing dollar. (estimate)
Filipino peso has devalued from 33+ to 35+ per sing dollar. (estimate)
Indonesian rupiah has devalued from 7500+ to 9100+ per sing dollar. (estimate)
Therefore now is the best time to go to south east asia to look for brown sugar cum sex tour....