Today's INR to IDR Price Update

Summary

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

Definition

The Indian Rupee (INR) and Indonesian Rupiah (IDR) are significant fiat currencies in Asia’s emerging markets. The exchange rate between them reflects the relative economic strength of India and Indonesia, as well as investor confidence in regional currency stability and cross-border trade dynamics.

Today’s Price

• 1 INR = 182.82 IDR
• 24h High: 183.14 IDR
• 24h Low: 181.87 IDR

Market Analysis

The INR/IDR pair is currently showing mixed technical signals. The 5-day moving average stands at 0.005355, suggesting a Buy signal for the pair.

• Technical signals: The pair displays both positive and negative indicators, warranting cautious observation
• Risk note: The pair holds several negative signals despite potential turnaround opportunities, suggesting traders should exercise caution
• Trading opportunities: Monitor for potential reversal patterns and watch key price levels around the 24-hour range for entry and exit points

Conclusion

Continue to monitor the INR/IDR pair closely, integrating technical indicators such as moving averages with broader market sentiment. Traders should remain vigilant for potential volatility and be prepared to adjust positions based on emerging technical signals and market developments.