Indonesian Rupiah Strengthens to Rp 16,178.30 per US Dollar (Thursday, April 18, 2024)

As of 10:32 WIB this morning, the rupiah exchange rate in the spot market is traded at Rp 16,178.30 per US dollar on Thursday, April 18, 2024. This exchange rate strengthened by 0.31% compared to the previous day's closing, which was traded at Rp 16,228 per US dollar. Today's trading of the rupiah exchange rate is expected to move in the range of Rp 16,177 - Rp 16,316 per US dollar.

As shown on investing.com, the rupiah exchange rate in the spot market has been under pressure, weakening by 0.92% in a week. Compared to 30 days ago, the rupiah exchange rate in the spot market has weakened by 2.98%.

However, for the one-year data range, the rupiah exchange rate in the spot market has actually experienced a decrease (strengthening). The previous highest record in the last year reached Rp 16,228 per US dollar.

For the January-April 2024 period, the rupiah exchange rate in the spot market experienced a weakening trend, moving 2.98% compared to the condition a month ago, which was at Rp 15,710 per US dollar.

The current condition of the 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 rupiah weakened by 3.5 points (0.02%) to IDR 16,216 per US dollar.