The building was sold to the trade firm Mac Quoid Davidson & Co. in 1801, and was purchased by De Javasche bank in 1831.

Cuypers was a famed Dutch architect and was keen on experimenting and inserting indigenous Indonesian elements into his design.

The building was restored into a museum in 2006, and was formally opened by the acting president Susilo Bambang Yudhoyono on 21 July 2009.

The museum is designed to introduce the public to Bank Indonesia's role in Indonesian history, such as monetary policies and payment systems that change over time.

The museum also provides visitors with an audio and visual experience on the history of currencies and trade in Indonesia from the pre-colonial era to the present state.