Indonesian Rupiah Strengthens to Rp 14,830 per US Dollar (Monday, September 12, 2022)

As of 10:45 WIB this morning, the Indonesian Rupiah (IDR) exchange rate in the spot market was traded at Rp 14,830 per US dollar on Monday, September 12, 2022. This rate is 0% stronger than the previous day's closing rate of Rp 14,830 per US dollar. The daily exchange rate is expected to range between 14,830 - 14,830 per US dollar.

According to investing.com, the Rupiah exchange rate in the spot market has increased by 0.45% in the past week. Compared to 30 days ago, the Rupiah exchange rate in the spot market has strengthened by 0.67%.

However, over the past year, the Rupiah exchange rate in the spot market has actually weakened (strengthened). The previous highest record in the last year reached Rp 15,030 per US dollar.

For the period January-September 2022, the Rupiah exchange rate in the spot market showed a weakening trend, moving -0.4% compared to the level a month ago, which was at Rp 14,890 per US dollar.

The current Rupiah exchange rate is contrary to most regional currencies that are strengthening against the US dollar.

This morning, according to several major currencies monitored by Bank Indonesia, the South Korean won weakened 0.19 points (+0.01%) to KRW 1,380.25 per US dollar. Following this, the Japanese yen weakened 0.47 points (+0.33%), the Singapore dollar weakened (+0.06%), the euro strengthened 0.0045 points (-0.45%), and the Chinese yuan weakened 0.01 points (+0.10%).