Convert IDR to USD - Indonesia Rupiah to US Dollar Exchange Rate | FX LeadersFX Leaders
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WHAT IMPACTS THE IDR/USD EXCHANGE RATE
The IDR/USD is the symbol that represents the trading of the Indonesian rupiah - the official currency of the island nation of Indonesia against the US dollar - the official currency of the US and the world's most popularly traded currency. The IDR has experienced periods of volatility owing to skyrocketing inflation in Indonesia, undergoing several rounds of devaluation as the government and central bank intervened to manage the currency.On the other hand, the US dollar is the world's leading reserve currency, as it is considered one of the most stable currencies in the forex market. Central banks around the world hold some amount of foreign exchange reserves in the form of the USD, as a result of which it also finds favor when markets trade with a risk-off sentiment owing to high levels of geopolitical or economic uncertainty around the world.The IDR is among the riskier currencies to hold in the forex market, and requires considerable skill and knowledge to trade in a profitable manner. In addition to high inflation levels, the value of the IDR also fluctuates based on variations in the prices of rubber and palm oil - key agricultural commodities that are exported out of Indonesia.
IDR to USD CONVERSION RATES
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IDR to USD CHARTS
IDR/USD Live Chart
IDR/USD Historical Chart
IDR to USD EXCHANGE RATE - FAQ
What economic events affect the exchange rate of IDR/USD?

The IDR/USD currency pair's exchange rate experiences considerable volatility on the release of key economic data from Indonesia and the US, including GDP, inflation, unemployment rate, trade balance and PMI readings for the manufacturing sector.

What role do central bank decisions play in influencing the currency rate of IDR/USD?

Both IDR and USD see significant movement whenever the Bank of Indonesia or the Federal Reserve announce changes to the monetary policy and interest rate. For instance, if the Fed hikes interest rates or tightens its monetary policy, the USD strengthens, turning the IDR/USD forex pair bearish, and vice versa.

What was the weakest value of the IDR against the US dollar?

The Indonesian rupiah had weakened to a historic low of 15,009 against the US dollar on 4 September 2018.