IDR/TWD
Market Open
15 Jun, 08:29
NT$
0. 001782
+0.000004
+0.2201%
NT$
14,396 Volume
NT$ 0.001778
Previous Close Want to track IDRTWD and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!
IDRTWD Overview
The IDRTWD pair denotes the exchange rate of the Indonesian rupiah quoted against the New Taiwan dollar, showing how many TWD are required to purchase one IDR. It tracks the relative value between Indonesia’s currency and Taiwan’s unit of account in the foreign exchange market.
The Indonesian rupiah (ISO code: IDR) is the official currency of the Republic of Indonesia, used across the archipelago for domestic transactions and pricing. It is issued and regulated by Bank Indonesia, which conducts monetary policy and manages currency stability for the country.
The New Taiwan dollar (ISO code: TWD) serves as the legal tender of Taiwan (officially the Republic of China) and is administered by the Central Bank of the Republic of China (Taiwan). The central bank oversees issuance, monetary policy, and foreign exchange reserves affecting TWD liquidity and value.
Movements in the IDRTWD rate are driven by supply and demand in FX markets and influenced by macroeconomic differentials such as interest rates and inflation. Central bank actions, trade balances, capital flows, and geopolitical developments also alter market expectations and volatility, impacting the pair’s trajectory.
For traders and businesses, IDRTWD is relevant for hedging cross-border exposures, managing currency risk in trade and investment, and for speculative strategies that exploit yield or macroeconomic divergences between Indonesia and Taiwan.
The Indonesian rupiah (ISO code: IDR) is the official currency of the Republic of Indonesia, used across the archipelago for domestic transactions and pricing. It is issued and regulated by Bank Indonesia, which conducts monetary policy and manages currency stability for the country.
The New Taiwan dollar (ISO code: TWD) serves as the legal tender of Taiwan (officially the Republic of China) and is administered by the Central Bank of the Republic of China (Taiwan). The central bank oversees issuance, monetary policy, and foreign exchange reserves affecting TWD liquidity and value.
Movements in the IDRTWD rate are driven by supply and demand in FX markets and influenced by macroeconomic differentials such as interest rates and inflation. Central bank actions, trade balances, capital flows, and geopolitical developments also alter market expectations and volatility, impacting the pair’s trajectory.
For traders and businesses, IDRTWD is relevant for hedging cross-border exposures, managing currency risk in trade and investment, and for speculative strategies that exploit yield or macroeconomic divergences between Indonesia and Taiwan.
IDRTWD Chart
IDRTWD FAQ
What is the current IDR/TWD price?
The current rate is NT$0.001782, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the IDR/TWD rate changed today?
The rate has changed by +0.000004 (+0.2201%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was NT$0.001778, 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/TWD moving up or down?
Movements in IDR/TWD are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+0.2201%) is based on the difference between the current rate and the previous closing rate.
Is IDR/TWD trending up or down right now?
If the current rate (NT$0.001782) is above the previous close (NT$0.001778), 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/TWD directly on this page.
