Today's INR to IDR Price Update

Summary

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

Definition

The Indian Rupee (INR) is the official currency of India, while the Indonesian Rupiah (IDR) is the official currency of Indonesia. The exchange rate between them reflects the relative economic strength of both nations and serves as an important indicator for bilateral trade and investment flows in the South Asian and Southeast Asian regions.

Today’s Price

• 1 INR = 185.97 IDR
• 24h High: 185.2789 IDR
• 24h Low: 184.9573 IDR

Market Analysis

Recent INR/IDR price movements show mixed technical signals, with multiple moving averages (MA5, MA10, MA20, MA50, MA100) indicating buy signals across different timeframes.

• Technical levels: Key Fibonacci pivot point at 0.005400, with support and resistance levels clustered around 0.005396–0.005404
• Moving averages: The 5-day moving average at 0.005398 and 50-day moving average at 0.005371 both suggest bullish positioning
• Risk note: The pair exhibits both negative signals and potential for turnaround situations, requiring careful risk management
• Trading opportunities: Monitor for potential upside movement within the current range, with longer-term forecasts suggesting a possible 0.85% appreciation toward 188.00 IDR levels

Conclusion

Continue to monitor the INR/IDR pair closely, integrating technical indicators with broader macroeconomic trends between India and Indonesia. Traders should focus on key support and resistance zones while remaining alert to potential reversals in the near term.