Exchange Rate
17,807.5
Daily Change
-18.5000 -0.10%
Monthly
0.51%
Yearly
6.63%
Q3 Forecast
17,804.3
Indonesian Rupiah - Summary

The Indonesian rupiah traded near IDR 17,820 per U.S. dollar on Wednesday afternoon, recovering from an intraday low of IDR 17,875, after Bank Indonesia held its benchmark rate steady at 5.75% for a third month, in line with estimates. The decision was the first policy meeting under newly appointed Governor Destry Damayanti and followed a total 100bp increase in three moves during May and June, when policymakers tightened policy to support the currency after it fell to record lows against the dollar. The rupiah has since regained some ground but faced renewed pressure in recent weeks as concerns over Indonesia’s fiscal outlook intensified amid higher oil prices and lawmakers’ push to revise the 2003 State Finance Law and allow a wider deficit above 3% of GDP. A still-wide interest-rate differential offered some support, while a firmer U.S. dollar tempered gains. The dollar index stood near an eight-week high as hawkish Fed signals reinforced bets on additional hikes later this year.

Indonesian Rupiah - Stats

The USD/IDR exchange rate fell to 17,807.5000 on September 23, 2026, down 0.10% from the previous session. Over the past month, the Indonesian Rupiah has weakened 0.51%, and is down by 6.63% over the last 12 months. Historically, the USDIDR reached an all time high of 18279 in July of 2026. Indonesian Rupiah - data, forecasts, historical chart - was last updated on September 23 of 2026.

Indonesian Rupiah - Forecast

The USD/IDR exchange rate fell to 17,807.5000 on September 23, 2026, down 0.10% from the previous session. Over the past month, the Indonesian Rupiah has weakened 0.51%, and is down by 6.63% over the last 12 months. The Indonesian Rupiah is expected to trade at 17804.29 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 17529.77 in 12 months time.



Crosses Price Day Year Date
USDIDR 17,807.5000 -18.5000 -0.10% 6.63% Sep/23
EURIDR 20,382.2913 -25.6266 -0.13% 3.94% Sep/23
GBPIDR 23,707.1891 -82.8557 -0.35% 5.54% Sep/23
AUDIDR 12,597.9536 -86.6714 -0.68% 14.54% Sep/23
NZDIDR 10,157.3943 -53.3385 -0.52% 4.59% Sep/23
IDRJPY 0.0088 0.00001 0.13% -0.77% Sep/23
IDRCNY 0.0004 -0.000001 -0.21% -12.24% Sep/23
IDRCHF 0.00005 0.00000002 0.04% -3.25% Sep/23
IDRCAD 0.0001 -0.0000001 -0.17% -5.36% Sep/23
IDRMXN 0.0010 0.00001 0.71% -11.43% Sep/23
IDRINR 0.0054 0.00001 0.14% 0.60% Sep/23
IDRBRL 0.0003 0.000001 0.39% -9.50% Sep/23
IDRRUB 0.0047 0.00001 0.26% -5.73% Sep/23
IDRKRW 0.0765 0.0006 0.74% -8.65% Sep/23
IDRARS 0.0849 -0.0001 -0.10% 3.28% Sep/23
IDRCZK 0.0012 0.00001 0.50% -2.75% Sep/23
IDRDKK 0.0004 0.000001 0.27% -3.23% Sep/23
IDRHUF 0.0179 0.0002 0.86% -9.73% Sep/23
IDRMYR 0.0002 0.00000002 0.01% -9.37% Sep/23
 Currencies
 IDR...
 ...IDR



Related Last Previous Unit Reference
Indonesia Inflation Rate 3.19 2.88 percent Aug 2026
United States Inflation Rate 3.40 3.40 percent Aug 2026
Indonesia Interest Rate 5.75 5.75 percent Sep 2026
United States Fed Funds Interest Rate 4.00 3.75 percent Sep 2026
United States Unemployment Rate 4.10 4.10 percent Aug 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
17807.50 17826.00 18279.00 2096.00 1994 - 2026 Daily

News Stream
Rupiah Hovers Near IDR 17,820 Following BI Rate Move
The Indonesian rupiah traded near IDR 17,820 per U.S. dollar on Wednesday afternoon, recovering from an intraday low of IDR 17,875, after Bank Indonesia held its benchmark rate steady at 5.75% for a third month, in line with estimates. The decision was the first policy meeting under newly appointed Governor Destry Damayanti and followed a total 100bp increase in three moves during May and June, when policymakers tightened policy to support the currency after it fell to record lows against the dollar. The rupiah has since regained some ground but faced renewed pressure in recent weeks as concerns over Indonesia’s fiscal outlook intensified amid higher oil prices and lawmakers’ push to revise the 2003 State Finance Law and allow a wider deficit above 3% of GDP. A still-wide interest-rate differential offered some support, while a firmer U.S. dollar tempered gains. The dollar index stood near an eight-week high as hawkish Fed signals reinforced bets on additional hikes later this year.
2026-09-23
Rupiah Holds Near IDR 17,800 Ahead of BI Rate Call
The Indonesian rupiah hovered near IDR 17,800 per U.S. dollar on Wednesday, extending recent gains as traders awaited Bank Indonesia’s policy decision later today. Markets expect the central bank to leave its benchmark rate unchanged at 5.75% for a third straight month as policymakers balance currency stability against domestic growth amid heightened global macro pressures. The board has already delivered 100bps of cumulative tightening earlier this year, leaving less room for further aggressive hikes without weighing on economic activity. Meanwhile, falling oil prices eased concerns over imported inflation and fiscal strain, although domestic price pressures persisted after annual inflation accelerated to 3.19% in August, driven partly by higher food prices amid El Niño-related supply disruptions. However, a firm U.S. dollar capped the rupiah’s gains, with the dollar index holding near an eight-week high as hawkish Fed signals reinforced bets of another rate hike later this year.
2026-09-23
Rupiah Inches Up as BI Signals FX Support
The Indonesian rupiah edged higher to near IDR 17,850 per U.S. dollar on Tuesday, snapping an eight-session losing streak after Bank Indonesia pledged intervention to ensure orderly trading. Officials said tools would include offshore and domestic NDFs, spot FX transactions, and secondary-market bond purchases. The central bank began its two-day policy meeting today, with local media and analysts widely expecting interest rates to stay unchanged as policymakers lean on FX operations and central bank securities to steady the currency. Borrowing costs have been held for two months after 100bps of hikes since May. On the fiscal side, Finance Minister Suahasil Nazara urged constructive debate over the statutory 3% deficit cap, following lawmakers’ push to revise the 2003 State Finance Law to allow wider shortfalls for social programs. Gains were constrained, however, by a firmer U.S. dollar near a two-month high, as hawkish Fed remarks supported higher-for-longer rate expectations.
2026-09-22