IDR/SGD
Market Open
15 Jun, 08:29
S$
0. 000072
+0
+0.0875%
S$
588 Volume
S$ 0.000072
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IDRSGD Overview
IDRSGD denotes the exchange rate between the Indonesian Rupiah and the Singapore Dollar, indicating how many Singapore dollars are required to buy one rupiah (or conversely how many rupiah per SGD depending on quoted convention). It tracks cross-border value movements and is used to quote conversion between Indonesia’s and Singapore’s currencies.
The Indonesian Rupiah (IDR) is the official currency of the Republic of Indonesia. It serves as the primary unit of account and medium of exchange across the Indonesian archipelago. Bank Indonesia is the issuing central bank and is responsible for monetary policy, currency issuance, and financial stability.
The Singapore Dollar (SGD) is the official currency of the Republic of Singapore. It is managed as the country’s legal tender and is regulated by the Monetary Authority of Singapore (MAS), which oversees issuance, monetary policy, and financial regulation in Singapore’s highly open economy.
Movements in the IDRSGD rate are driven by supply and demand for each currency, influenced by interest rate differentials, relative inflation, capital flows, and central bank interventions. Geopolitical developments, commodity prices, and trade balances between the two economies also affect the pair.
Market participants monitor IDRSGD for trade settlement, hedging currency exposure, and speculative opportunities, particularly given Indonesia’s commodity sensitivity and Singapore’s role as a regional financial hub.
The Indonesian Rupiah (IDR) is the official currency of the Republic of Indonesia. It serves as the primary unit of account and medium of exchange across the Indonesian archipelago. Bank Indonesia is the issuing central bank and is responsible for monetary policy, currency issuance, and financial stability.
The Singapore Dollar (SGD) is the official currency of the Republic of Singapore. It is managed as the country’s legal tender and is regulated by the Monetary Authority of Singapore (MAS), which oversees issuance, monetary policy, and financial regulation in Singapore’s highly open economy.
Movements in the IDRSGD rate are driven by supply and demand for each currency, influenced by interest rate differentials, relative inflation, capital flows, and central bank interventions. Geopolitical developments, commodity prices, and trade balances between the two economies also affect the pair.
Market participants monitor IDRSGD for trade settlement, hedging currency exposure, and speculative opportunities, particularly given Indonesia’s commodity sensitivity and Singapore’s role as a regional financial hub.
IDRSGD Chart
IDRSGD FAQ
What is the current IDR/SGD price?
The current rate is S$0.000072, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the IDR/SGD rate changed today?
The rate has changed by +0 (+0.0875%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was S$0.000072, which serves as a reference point for measuring daily performance.
What does the daily range indicate?
The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.
Why is IDR/SGD moving up or down?
Movements in IDR/SGD are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+0.0875%) is based on the difference between the current rate and the previous closing rate.
Is IDR/SGD trending up or down right now?
If the current rate (S$0.000072) is above the previous close (S$0.000072), it indicates upward movement. If below, it suggests a downward trend.
Where can I track live rates and charts?
You can monitor real-time rates, charts, and key market data for IDR/SGD directly on this page.
