Rupiah Update: Modest Appreciation against US Dollar, but Volatile Performance in September 2019

The Indonesian rupiah rate appreciated modestly in September 2019. The currency started the month at the level of IDR 14,237 per US dollar and ended the month at IDR 14,174 per US dollar (data taken from Bank Indonesia’s benchmark Jisdor rate). In other words, the rupiah strengthened 0.44 percent against greenback in the month of September 2019.

But – as is visible in the chart below – the rupiah did experience a volatile performance in September 2019. The Indonesian currency’s performance can actually be divided into two: (1) marked appreciation against the US dollar in the first half of the month, and (2) marked depreciation in the second half of the month.

 

Source : Indonesia Investments

Oct 11, 2019

 
Bank note current rate:
  currency buy sell
USD 13,775 0
AUD 9,575 0
SGD 9,875 0
CAD 10,600 0
GBP 18,500 0
EURO 15,650 0
SFR 14,975 0
YEN 121 0
NZD 9,150 0
   Last Updated :03 Dec 2021 - 03:24 PM
These are indicative rates. For actual exchange rates, please visit or call our outlets at (0361) 4741 940. We reserve the right to change the rates at any time without prior notice.
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