Today's INR to PHP Price Update

Summary

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

Definition

The Indian Rupee (INR) is a major fiat currency representing the economy of India, while the Philippine Peso (PHP) is the official currency of the Philippines. The exchange rate between them reflects market sentiment regarding the relative economic strength and monetary conditions of both nations.

Today’s Price

• 1 INR = 0.658 PHP
• 24h High: 0.65903 PHP
• 24h Low: 0.65298 PHP

Market Analysis

Recent INR/PHP price movements show relatively stable conditions with minimal volatility. The 30-day volatility stands at approximately 0.43-0.44%, indicating a relatively calm trading environment.

• Technical indicators: The 14-day RSI reading of 60.093 suggests the pair is in Buy territory, reflecting mild bullish momentum
• Risk note: The pair continues to trade within a narrow range; traders should remain alert to any shifts in regional economic data or monetary policy changes
• Trading opportunities: Monitor for potential breakouts beyond the established 24-hour trading range, particularly around key support at 0.65298 PHP and resistance near 0.65903 PHP

Conclusion

Continue to monitor the INR/PHP pair closely, integrating technical indicators with broader regional economic developments. Traders should watch for confirmation signals before initiating new positions in this relatively low-volatility currency pair.