The Indonesian rupiah was little changed on Friday, hovering near IDR 16,760 per dollar after recent gains, as investors awaited February inflation and January trade data for fresh direction. January headline inflation accelerated to a near three-year high of 3.55% yoy, while core inflation rose to a nine-month peak of 2.45%, though both remained within Bank Indonesia’s target range. The contained price pressures reinforced expectations that policy can stay supportive. December’s trade surplus also beat forecasts, with exports outpacing imports, adding to external stability. In mid-February, Bank Indonesia kept its key rate at 4.75% for a fifth straight meeting after delivering 150bp of cuts since September 2024, but signaled scope for further easing in line with President Prabowo Subianto’s pro-growth agenda. The rupiah is set to rise about 0.7% this week and 0.2% this month, supported by solid reserves and firmer fiscal conditions, while a steady dollar index limited sharper gains.

The USD/IDR exchange rate rose to 16,799.4000 on February 27, 2026, up 0.24% from the previous session. Over the past month, the Indonesian Rupiah has weakened 0.34%, and is down by 1.62% over the last 12 months. Historically, the USDIDR reached an all time high of 17107.00 in April of 2025. Indonesian Rupiah - data, forecasts, historical chart - was last updated on March 1 of 2026.

The USD/IDR exchange rate rose to 16,799.4000 on February 27, 2026, up 0.24% from the previous session. Over the past month, the Indonesian Rupiah has weakened 0.34%, and is down by 1.62% over the last 12 months. The Indonesian Rupiah is expected to trade at 16776.54 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 16507.97 in 12 months time.



Crosses Price Day Year Date
USDIDR 16,802.0000 42.0000 0.25% 1.64% Feb/27
EURIDR 19,843.7709 71.3285 0.36% 15.67% Feb/27
GBPIDR 22,633.6529 37.4857 0.17% 8.86% Feb/27
AUDIDR 11,950.6386 42.4910 0.36% 16.54% Feb/27
NZDIDR 10,073.9768 49.8208 0.50% 8.82% Feb/27
IDRJPY 0.0093 -0.00002 -0.18% 2.08% Feb/27
IDRCNY 0.0004 0.0000001 0.02% -7.42% Feb/27
IDRCHF 0.00005 -0.0000004 -0.93% -16.21% Feb/27
IDRCAD 0.0001 -0.0000004 -0.49% -7.11% Feb/27
IDRMXN 0.0010 -0.0000002 -0.02% -17.46% Feb/27
IDRINR 0.0054 -0.00001 -0.13% 2.82% Feb/27
IDRBRL 0.0003 0.00000003 0.01% -13.09% Feb/27
IDRRUB 0.0046 0.00001 0.20% -13.21% Feb/27
IDRKRW 0.0858 0.0003 0.39% -2.05% Feb/27
IDRARS 0.0838 -0.0002 -0.29% 30.66% Feb/27
IDRCZK 0.0012 -0.000003 -0.22% -15.76% Feb/27
IDRDKK 0.0004 -0.000001 -0.22% -12.99% Feb/27
IDRHUF 0.0190 0.000001 0.003% -18.38% Feb/27
IDRMYR 0.0002 -0.0000002 -0.07% -13.70% Feb/27
 Currencies
 IDR...
 ...IDR



Related Last Previous Unit Reference
Indonesia Inflation Rate 3.55 2.92 percent Jan 2026
United States Inflation Rate 2.40 2.70 percent Jan 2026
Indonesia Interest Rate 4.75 4.75 percent Feb 2026
United States Fed Funds Interest Rate 3.75 3.75 percent Jan 2026
United States Unemployment Rate 4.30 4.40 percent Jan 2026
Indonesia Unemployment Rate 4.85 4.76 percent Sep 2025

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
16799.40 16760.00 17107.00 2096.00 1994 - 2026 Daily

News Stream
Rupiah Steady Ahead of Key Data
The Indonesian rupiah was little changed on Friday, hovering near IDR 16,760 per dollar after recent gains, as investors awaited February inflation and January trade data for fresh direction. January headline inflation accelerated to a near three-year high of 3.55% yoy, while core inflation rose to a nine-month peak of 2.45%, though both remained within Bank Indonesia’s target range. The contained price pressures reinforced expectations that policy can stay supportive. December’s trade surplus also beat forecasts, with exports outpacing imports, adding to external stability. In mid-February, Bank Indonesia kept its key rate at 4.75% for a fifth straight meeting after delivering 150bp of cuts since September 2024, but signaled scope for further easing in line with President Prabowo Subianto’s pro-growth agenda. The rupiah is set to rise about 0.7% this week and 0.2% this month, supported by solid reserves and firmer fiscal conditions, while a steady dollar index limited sharper gains.
2026-02-27
Rupiah Maintains Uptrend
The Indonesian rupiah firmed to around IDR 16,750 per dollar on Thursday, extending gains from the prior session as the dollar index slipped further amid lingering uncertainty over U.S. tariffs. Domestically, Bank Indonesia kept its benchmark rate unchanged at 4.75% earlier this month for a fifth straight meeting, after delivering 150bps cuts since September 2024. The central bank noted the move aimed to support the rupiah and enhance monetary policy transmission. It added that ample foreign reserves in January would bolster efforts to stabilize the currency, with markets awaiting February inflation and January trade data due next week. So far this week, the rupiah has gained about 0.8%, aided by improved fiscal space after tax revenue surged 30.7% yoy by end-January, reflecting lower tax refunds and better compliance. However, bets of further monetary easing limited upside amid a pro-growth stance under President Prabowo, after 2025 GDP growth fell short of the 5.2% official target.
2026-02-26
Rupiah Firms Despite Fiscal Risks and Easing Bets
The Indonesian rupiah strengthened to below IDR 16,800 per dollar on Wednesday, following a muted prior session as the dollar index slipped after U.S. President Trump offered no shift in tariff policy during his State of the Union address. Locally, Bank Indonesia reaffirmed its commitment to currency stability, pledging liquidity support and intervention backed by ample reserves. The central bank has held its policy rate at 4.75% for a fifth straight meeting earlier this month, following 150bps of cuts since September 2024 amid subdued inflation. However, the rupiah has been pinned near record lows since President Prabowo appointed his nephew as deputy governor in early February, stoking governance concerns. Expectations of further easing, weak demand at a recent government bond auction, and skepticism over the USD 20 billion free-meals program have added to fiscal worries. Traders also remain cautious ahead of key data next week, including February inflation and January trade figures.
2026-02-25