The Indonesian rupiah dipped to around IDR 17,950 per U.S. dollar on Wednesday, marking its fourth straight session of losses as the dollar index hovered near a 14-month high on expectations of further Fed tightening. Risk aversion also deepened after a sharp sell-off in tech stocks, boosting demand for haven assets. Locally, caution grew ahead of next week's June CPI data, with concerns that food costs could keep price pressures elevated. Annual inflation quickened to 3.08% in May from the prior 2.42%, driven by higher staple food and logistics costs. On the trade front, April surplus shrank to its lowest since 2020, reducing support from export inflows. Sentiment was further hit by news that major Japanese automakers may shift production to Vietnam, raising concerns over investment, jobs, and factory outlook. Still, the decline was capped by the central bank's hawkish bias, with a total of 100 bps since May, and reports that MSCI delayed its reviews of Indonesia’s market to November.

The USD/IDR exchange rate rose to 17,944.5000 on June 24, 2026, up 0.18% from the previous session. Over the past month, the Indonesian Rupiah has weakened 1.24%, and is down by 10.16% over the last 12 months. Historically, the USDIDR reached an all time high of 18234 in June of 2026. Indonesian Rupiah - data, forecasts, historical chart - was last updated on June 24 of 2026.

The USD/IDR exchange rate rose to 17,944.5000 on June 24, 2026, up 0.18% from the previous session. Over the past month, the Indonesian Rupiah has weakened 1.24%, and is down by 10.16% over the last 12 months. The Indonesian Rupiah is expected to trade at 17817.08 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 17541.58 in 12 months time.



Crosses Price Day Year Date
USDIDR 17,944.5000 32.5000 0.18% 10.16% Jun/24
EURIDR 20,397.5471 10.8252 0.05% 7.17% Jun/24
GBPIDR 23,653.6159 2.9694 0.01% 6.07% Jun/24
AUDIDR 12,396.1663 6.9733 0.06% 16.70% Jun/24
NZDIDR 10,127.1771 -25.3445 -0.25% 2.70% Jun/24
IDRJPY 0.0090 -0.00003 -0.31% 1.07% Jun/24
IDRCNY 0.0004 -0.0000002 -0.04% -13.82% Jun/24
IDRCHF 0.00005 -0.00000004 -0.09% -8.47% Jun/24
IDRCAD 0.0001 -0.0000001 -0.15% -5.89% Jun/24
IDRMXN 0.0010 -0.0000005 -0.05% -15.62% Jun/24
IDRINR 0.0053 -0.00004 -0.74% -0.38% Jun/24
IDRBRL 0.0003 -0.000001 -0.34% -14.47% Jun/24
IDRRUB 0.0042 -0.000005 -0.11% -13.61% Jun/24
IDRKRW 0.0860 0.0004 0.52% 3.16% Jun/24
IDRARS 0.0821 -0.0001 -0.08% 13.90% Jun/24
IDRCZK 0.0012 0.000002 0.16% -9.06% Jun/24
IDRDKK 0.0004 0.0000003 0.07% -6.91% Jun/24
IDRHUF 0.0175 0.0001 0.30% -17.38% Jun/24
IDRMYR 0.0002 -0.000001 -0.48% -11.67% Jun/24
 Currencies
 IDR...
 ...IDR



Related Last Previous Unit Reference
Indonesia Inflation Rate 3.08 2.42 percent May 2026
United States Inflation Rate 4.20 3.80 percent May 2026
Indonesia Interest Rate 5.75 5.50 percent Jun 2026
United States Fed Funds Interest Rate 3.75 3.75 percent Jun 2026
United States Unemployment Rate 4.30 4.30 percent May 2026
Indonesia Unemployment Rate 4.68 4.85 percent Mar 2026

Indonesian Rupiah
The USDIDR spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the IDR. While the USDIDR spot exchange rate is quoted and exchanged in the same day, the USDIDR forward rate is quoted today but for delivery and payment on a specific future date.
Actual Previous Highest Lowest Dates Unit Frequency
17944.50 17912.00 18234.00 2096.00 1994 - 2026 Daily

News Stream
Rupiah Weakness Persists as Inflation Risks Loom
The Indonesian rupiah dipped to around IDR 17,950 per U.S. dollar on Wednesday, marking its fourth straight session of losses as the dollar index hovered near a 14-month high on expectations of further Fed tightening. Risk aversion also deepened after a sharp sell-off in tech stocks, boosting demand for haven assets. Locally, caution grew ahead of next week's June CPI data, with concerns that food costs could keep price pressures elevated. Annual inflation quickened to 3.08% in May from the prior 2.42%, driven by higher staple food and logistics costs. On the trade front, April surplus shrank to its lowest since 2020, reducing support from export inflows. Sentiment was further hit by news that major Japanese automakers may shift production to Vietnam, raising concerns over investment, jobs, and factory outlook. Still, the decline was capped by the central bank's hawkish bias, with a total of 100 bps since May, and reports that MSCI delayed its reviews of Indonesia’s market to November.
2026-06-24
Rupiah Slides as Dollar Strength Persists
The Indonesian rupiah inched lower toward IDR 17,870 per U.S. dollar on Tuesday, extending weakness for a third straight session as the dollar index held near a 13-month top amid expectations that the Federal Reserve could raise rates later this year. Domestically, investors remained cautious ahead of MSCI's review later this week on whether to downgrade Indonesia to frontier market status, a move that could trigger sizable capital outflows. Concerns over the rising cost of defending the rupiah also resurfaced after the country's forex reserves declined further in May. Meanwhile, local media reports that major Japanese automakers may relocate some manufacturing operations from Indonesia to Vietnam added to worries over foreign investment, employment, and the country's manufacturing outlook. Still, the rupiah's losses were capped by Bank Indonesia's total 100bps of rate hikes since May, alongside stricter foreign exchange rules taking effect on July 1 to help ease capital outflows.
2026-06-23
Rupiah Eases Ahead of MSCI Review
The Indonesian rupiah hovered around IDR 17,830 per U.S. dollar on Monday after briefly firming below IDR 17,700 in the prior session, as the dollar index held near a 13-month high after the Fed kept interest rates unchanged last week but maintained a hawkish policy stance. Locally, traders remained cautious ahead of MSCI's review later this week on whether to downgrade Indonesia to frontier market status. Last week, the index provider lowered Indonesia's Information Flow accessibility rating, citing concerns over transparency, free-float visibility, and price discovery. Still, losses in the rupiah were limited by Bank Indonesia's tightening measures, including a total of 100bps of rate hikes since May and stricter foreign exchange rules, effective July 1, to curb capital outflows. On the fiscal front, tax revenue grew strongly in May, while the government continued efforts to improve fiscal discipline by scaling back funding for the Free Meal Program and suspending it during holidays.
2026-06-22