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Indonesian rupiah Exchange Update, Chart & History

IDR Markets Update - Our review of Indonesian rupiah Forecasts and News plus Charts and Historic Rates. Check IDR Trends over various time periods.

 

Indonesian rupiah (IDR) Market Update

Based on recent exchange rate analyst forecasts and currency market updates, the USD to IDR exchange rate is currently trading near 7-day highs around 15638 but remains relatively stable within a range of 15386 to 15822. The US Dollar (USD) has been rallying against its peers due to unexpected acceleration in inflation, with headline inflation reaching 3.2% in February, above expectations of 3.1%. The strong performance of the US economy, highlighted by a blowout January jobs report, has shifted market expectations and delayed potential rate cuts by the Federal Reserve. Despite some speculation of a rate reduction in June, comments from Fed Chairman Jerome Powell suggest that any decision will hinge on upcoming US economic data, such as CPI and Retail Sales figures.

Meanwhile, the Indonesian rupiah has been trading near the key level of IDR=15,000 against a robust USD. The weaker rupiah has encouraged Indonesians working abroad to send record amounts of money back home, providing support to the Indonesian economy during a critical period. With the USD to IDR exchange rate showing stability and the US Dollar's strength driven by economic performance and inflation pressures, market participants will closely watch for any new developments that could impact the timing of potential rate cuts and further influence currency movements between the USD and IDR.

 

US dollar to Indonesian rupiah - USD/IDR Trend

 
USD to IDR is at 7-day highs near 15741, just 0.8% above its 3-month average of 15609, having traded in a very stable 2.8% range from 15386 to 15822
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IDR
 
+0.6%
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Exchange rates can vary significantly between banks and currency exchange providers, so it's important to compare rates from different sources before making a conversion.

The below table makes it easy to calculate and compare the Total Cost you are being charged on currency rates and the possible savings of using a foreign exchange provider rather than your bank.

 

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