Rupiah Strengthens to Rp 15,623.80 per US Dollar (Wednesday, February 21, 2024)

As of 5:30 PM WIB today, Wednesday, February 21, 2024, the rupiah exchange rate in the spot market was traded at Rp 15,623.80 per US dollar. This represents a 0.28% strengthening compared to the previous day's closing rate of Rp 15,668.30 per US dollar. The daily exchange rate is expected to range between Rp 15,616.80 and Rp 15,684.80 per US dollar.

According to investing.com, the rupiah exchange rate in the spot market has increased by 0.05% in the past week. However, compared to 30 days ago, the spot market exchange rate has weakened by 0.09%.

Nevertheless, over the past year, the rupiah exchange rate in the spot market has actually strengthened. The previous highest record in the last year reached Rp 15,935 per US dollar.

The rupiah exchange rate in the spot market reached its lowest point at Rp 15,390 per US dollar on Monday, January 1, 2024. The highest point this year reached approximately Rp 15,820 per US dollar.

The current rupiah exchange rate follows the trend of most regional currencies, which are weakening against the US dollar.