Rupiah Exchange Rate Strengthens to Rp 14,285 per US Dollar (Thursday, March 17, 2022)

The Indonesian Rupiah exchange rate in the spot market today, as of 11:23 WIB, is traded at Rp 14,285 per US dollar on Thursday, March 17, 2022. This exchange rate strengthened by -0.17% compared to the previous day's closing, which was traded at Rp 14,310 per US dollar. The daily exchange rate movement is expected to be in the range of 14,260 - 14,312.

As shown on investing.com, the Rupiah exchange rate in the spot market has increased by -0.76% in a week. Compared to 30 days ago, the Rupiah exchange rate in the spot market has strengthened by -0.66%.

However, for the one-year data range, the Rupiah exchange rate in the spot market has actually decreased (strengthened). In the last year, the previous highest record reached Rp 14,600 per US dollar.

For the January-March 2022 period, the Rupiah exchange rate in the spot market continued to strengthen, moving -0.66% compared to the condition a month ago, which was at Rp 14,380 per US dollar.

The current Rupiah exchange rate follows 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 -2.09 points (-0.17%) to KRW 1,220.97 per US dollar, the Japanese yen strengthened by -0.1 points (-0.08%), the Singapore dollar strengthened by -0.0006 points (-0.04%), the euro strengthened by -0.0001 points (-0.02%), and the Chinese yuan strengthened by -0.0011 points (-0.02%).