SGD/IDR
Market Open
15 Jun, 10:28
Rp
13,835. 01
-31.597312
-0.2279%
Rp
16,282 Volume
Rp 13,866.608408
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SGDIDR Overview
SGDIDR denotes the exchange rate between the Singapore Dollar (SGD) and the Indonesian Rupiah (IDR), showing how many rupiah are required to buy one Singapore dollar. Market quotes for SGDIDR are used by forex traders, corporate treasuries and investors to measure the relative value of the two currencies.
The Singapore Dollar is the official currency of the Republic of Singapore and serves as the principal medium of exchange in the city-state. Banknotes and coins are issued under the authority of the Monetary Authority of Singapore (MAS), which also conducts monetary policy and oversees financial stability.
The Indonesian Rupiah is the official currency of the Republic of Indonesia and is used across the nation’s islands for domestic transactions. Bank Indonesia is the issuing authority and is responsible for currency issuance, inflation targeting and broader monetary policy in Indonesia.
Movements in SGDIDR are driven by supply and demand dynamics, interest rate differentials, inflation expectations and the monetary policy stances of MAS and Bank Indonesia. Trade flows, capital movements, commodity prices and geopolitical or risk sentiment shifts also influence the pair’s short- and medium-term direction.
For market participants, SGDIDR is relevant for hedging trade exposure, facilitating cross‑border investment between Singapore and Indonesia, and for speculative or carry-trade strategies seeking to exploit yield and volatility differentials.
The Singapore Dollar is the official currency of the Republic of Singapore and serves as the principal medium of exchange in the city-state. Banknotes and coins are issued under the authority of the Monetary Authority of Singapore (MAS), which also conducts monetary policy and oversees financial stability.
The Indonesian Rupiah is the official currency of the Republic of Indonesia and is used across the nation’s islands for domestic transactions. Bank Indonesia is the issuing authority and is responsible for currency issuance, inflation targeting and broader monetary policy in Indonesia.
Movements in SGDIDR are driven by supply and demand dynamics, interest rate differentials, inflation expectations and the monetary policy stances of MAS and Bank Indonesia. Trade flows, capital movements, commodity prices and geopolitical or risk sentiment shifts also influence the pair’s short- and medium-term direction.
For market participants, SGDIDR is relevant for hedging trade exposure, facilitating cross‑border investment between Singapore and Indonesia, and for speculative or carry-trade strategies seeking to exploit yield and volatility differentials.
SGDIDR Chart
SGDIDR FAQ
What is the current SGD/IDR price?
The current rate is Rp13,835.011096, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the SGD/IDR rate changed today?
The rate has changed by -31.597312 (-0.2279%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was Rp13,866.608408, 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 SGD/IDR moving up or down?
Movements in SGD/IDR are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (-0.2279%) is based on the difference between the current rate and the previous closing rate.
Is SGD/IDR trending up or down right now?
If the current rate (Rp13,835.011096) is below the previous close (Rp13,866.608408), 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 SGD/IDR directly on this page.
