Today's IDR to INR Price Update

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Summary

This report provides the real-time exchange rate between the Indonesian Rupiah (IDR) and the Indian Rupee (INR), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The Indonesian Rupiah (IDR) and Indian Rupee (INR) are major fiat currencies of Southeast Asia and South Asia respectively. The exchange rate between them reflects market sentiment toward regional economic conditions and currency stability in both nations.

Today’s Price

  • 1 IDR = 0.00543 INR
  • 24h High: 0.0054332 INR
  • 24h Low: 0.005408 INR

Market Analysis

Recent IDR/INR price movement shows technical weakness, with moving averages across multiple timeframes (MA5 to MA200) displaying a Strong Sell outlook, characterized by 12 Sell signals and 0 Buy signals.

  • Technical outlook: The currency pair exhibits strong bearish momentum based on moving average analysis
  • Risk note: Persistent downward pressure from technical indicators suggests potential for further depreciation of IDR against INR in the near term
  • Trading opportunities: Monitor support levels for potential reversal points; traders should exercise caution given the prevailing bearish technical setup

Price Forecast

According to market forecasts, the IDR/INR exchange rate is projected to appreciate by approximately 5.56% over the next year, potentially reaching 0.005753 INR per IDR.

Conclusion

Continue to monitor the IDR/INR pair closely, integrating technical analysis with broader regional economic developments. Given the current Strong Sell signals, traders should remain vigilant regarding downside risks while watching for potential reversal opportunities at key support levels.

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