The Indonesian rupiah slipped toward IDR 17,940 per dollar on Wednesday, extending a three-day decline as the U.S. dollar firmed on growing expectations the Fed could raise rates later this year. Locally, sentiment was weighed down after Indonesia posted a trade deficit in May, the first since April 2020, as exports unexpectedly fell while imports maintained double-digit growth, reducing support from external balance. Further pressure came from data showing factory activity shrank the most in a year in June, reflecting weaker purchasing power and persistent cost pressures. Still, the rupiah's losses were capped by resilient foreign inflows into government bonds and Bank Indonesia securities during June, lower oil prices that eased fiscal pressures, and efforts to trim budget allocations for President Prabowo's main programs. Meanwhile, annual inflation hit a three-month peak in June, due to elevated food prices, though it remained within the upper end of Bank Indonesia's 1-1/2%-3-1/2%.

The USD/IDR exchange rate rose to 17,948.0000 on July 1, 2026, up 0.20% from the previous session. Over the past month, the Indonesian Rupiah has weakened 0.61%, and is down by 10.78% over the last 12 months. Historically, the USDIDR reached an all time high of 18234 in June of 2026. Indonesian Rupiah - data, forecasts, historical chart - was last updated on July 1 of 2026.

The USD/IDR exchange rate rose to 17,948.0000 on July 1, 2026, up 0.20% from the previous session. Over the past month, the Indonesian Rupiah has weakened 0.61%, and is down by 10.78% over the last 12 months. The Indonesian Rupiah is expected to trade at 17696.29 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 17555.36 in 12 months time.



Crosses Price Day Year Date
USDIDR 17,949.0000 37.0000 0.21% 10.78% Jul/01
EURIDR 20,440.3490 -19.0957 -0.09% 6.93% Jul/01
GBPIDR 23,823.4158 68.3423 0.29% 7.73% Jul/01
AUDIDR 12,380.0349 -13.9944 -0.11% 16.09% Jul/01
NZDIDR 10,183.8350 15.1926 0.15% 3.03% Jul/01
IDRJPY 0.0091 -0.00001 -0.15% 2.31% Jul/01
IDRCNY 0.0004 -0.000001 -0.15% -14.34% Jul/01
IDRCHF 0.00005 -0.0000001 -0.18% -7.81% Jul/01
IDRCAD 0.0001 -0.0000001 -0.13% -5.62% Jul/01
IDRMXN 0.0010 0.000001 0.05% -15.72% Jul/01
IDRINR 0.0053 0.00003 0.54% 0.44% Jul/01
IDRBRL 0.0003 -0.0000001 -0.03% -14.20% Jul/01
IDRRUB 0.0044 -0.00004 -0.88% -10.09% Jul/01
IDRKRW 0.0868 0.0004 0.50% 3.73% Jul/01
IDRARS 0.0827 -0.0002 -0.24% 9.70% Jul/01
IDRCZK 0.0012 0.000002 0.13% -7.92% Jul/01
IDRDKK 0.0004 0.000001 0.20% -6.13% Jul/01
IDRHUF 0.0174 0.0001 0.34% -16.42% Jul/01
IDRMYR 0.0002 0.00000001 0.003% -11.96% Jul/01



Related Last Previous Unit Reference
Indonesia Inflation Rate 3.34 3.08 percent Jun 2026
United States Inflation Rate 4.20 3.80 percent May 2026
Indonesia Interest Rate 5.75 5.50 percent Jun 2026
United States Fed Funds Interest Rate 3.75 3.75 percent Jun 2026
United States Unemployment Rate 4.30 4.30 percent May 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
17948.00 17912.00 18234.00 2096.00 1994 - 2026 Daily

News Stream
Rupiah Under Strain Following May Trade Gap
The Indonesian rupiah slipped toward IDR 17,940 per dollar on Wednesday, extending a three-day decline as the U.S. dollar firmed on growing expectations the Fed could raise rates later this year. Locally, sentiment was weighed down after Indonesia posted a trade deficit in May, the first since April 2020, as exports unexpectedly fell while imports maintained double-digit growth, reducing support from external balance. Further pressure came from data showing factory activity shrank the most in a year in June, reflecting weaker purchasing power and persistent cost pressures. Still, the rupiah's losses were capped by resilient foreign inflows into government bonds and Bank Indonesia securities during June, lower oil prices that eased fiscal pressures, and efforts to trim budget allocations for President Prabowo's main programs. Meanwhile, annual inflation hit a three-month peak in June, due to elevated food prices, though it remained within the upper end of Bank Indonesia's 1-1/2%-3-1/2%.
2026-07-01
Rupiah Set for Another Monthly Loss, Quarterly Drop around 5%
The rupiah slipped toward IDR 17,900 per dollar on Tuesday, extending prior losses as the U.S. dollar index stayed firm on expectations of further Fed tightening. Markets largely brushed aside remarks from a Bank Indonesia senior official, who pledged to deploy all available tools to stabilise the rupiah. Traders also paid little attention to resilient foreign inflows into government bonds and Bank Indonesia securities, totaling around USD 9 billion through end-June. Lower oil prices, retreating toward pre-Iran conflict levels, likewise did little to support the rupiah despite easing fiscal concerns as the government trims President Prabowo's flagship programs. Focus turned to local data due later this week, where May’s annual inflation accelerated, edging near the upper end of the central bank's target. On the trade front, April’s surplus notched its smallest since 2020, reducing export support. The rupiah is set to continue its recent monthly drop, with a quarterly fall of around 5%.
2026-06-30
Rupiah Weakens Amid Firm Dollar, Domestic Risks
The rupiah edged lower toward IDR 17,860 per U.S. dollar on Monday after briefly strengthening below IDR 17,810, pressured by broad dollar strength ahead of the monthly U.S. jobs report later this week. Locally, focus is shifting to June inflation after headline figures quickened to 3.08% in May, nearing the upper end of Bank Indonesia’s 1-1/2%–3-1/2% target range on rising food and energy costs. Support from exports has waned, with April’s trade surplus narrowing to its smallest since 2020. Meanwhile, concerns over governance and transparency persisted after the government included a controversial provision in new legislation granting blanket legal immunity for purchases of bonds issued by state investment fund Danantara. Still, losses were cushioned by a scaled-back version of President Prabowo’s flagship spending program, underscoring fiscal discipline. Simultaneously, manufacturing activity in May stabilized following a brief contraction, and bank lending stayed resilient.
2026-06-29