Today's USD to IDR Price Update

Summary

This report provides the real-time exchange rate between the U.S. Dollar (USD) and Indonesian Rupiah (IDR), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The U.S. Dollar (USD) is one of the world’s most dominant fiat currencies, while the Indonesian Rupiah (IDR) is the official currency of Indonesia. The exchange rate between them reflects not only the relative economic strengths of the two countries but also broader global economic trends and investor sentiment.

Today’s Price

• 1 USD = 16,630.22 IDR
• 24h High: 16,638.4771 IDR
• 24h Low: 16,609.5674 IDR

Market Analysis

Recently, the USD/IDR exchange rate has been showing slight volatility within a narrow range.

• Technical levels: Key support around 16,609 IDR, resistance near 16,638 IDR
• Risk note: Potential for increased volatility due to global economic factors
• Trading opportunities: Watch for range-bound trading between support and resistance levels

Conclusion

Continue to monitor the USD/IDR pair closely, integrating global economic trends with technical indicators. For traders, focus on range-trading strategies within the identified support and resistance zones, while remaining alert to any fundamental shifts that could impact the exchange rate.