Rupiah Exchange Rate Strengthens to Rp 14,312 per US Dollar (Tuesday, March 15, 2022)

As of 11:41 WIB today, the Indonesian Rupiah (IDR) exchange rate in the spot market is traded at Rp 14,312 per US dollar on Tuesday, March 15, 2022. This represents a 0.12% strengthening compared to the previous day's closing rate of Rp 14,330 per US dollar. The daily exchange rate is expected to range between 14,295 and 14,345.

According to investing.com, the Rupiah in the spot market has appreciated by 0.5% in the past week. Compared to the previous 30 days, the Rupiah in the spot market has strengthened by 0.48%.

However, over the past year, the Rupiah in the spot market has actually depreciated (weakened). The previous highest record in the last year reached Rp 14,600 per US dollar.

The Rupiah in the spot market reached its lowest point at Rp 14,255 per US dollar on Thursday, February 17, 2022. The highest point this year was around Rp 14,405 per US dollar.

The current Rupiah exchange rate follows the trend of most regional currencies that are weakening against the US dollar.

This afternoon, according to several major currencies monitored by Bank Indonesia, the South Korean Won strengthened by -0.67 points (-0.05%) to KRW 1,241.35 per US dollar. The Japanese Yen weakened by 0.14 points (+0.11%), the Singapore Dollar strengthened by -0.0015 points (-0.11%), the Euro strengthened by -0.0037 points (-0.40%), and the Chinese Yuan strengthened by -0.006 points (-0.09%).