Today's IDR to INR Price Update

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Summary

This report provides the real-time exchange rate between the Indonesian Rupiah (IDR) and Indian Rupee (INR), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The Indonesian Rupiah (IDR) and Indian Rupee (INR) are major fiat currencies of Southeast Asia and South Asia respectively. The exchange rate between them reflects the relative economic strength and monetary stability of both nations, and serves as an important indicator for regional trade and investment flows.

Today’s Price

  • 1 IDR = 0.00547 INR
  • 24h High: 0.0055077 INR
  • 24h Low: 0.0054362 INR

Market Analysis

Recent IDR/INR price movements show moderate volatility within a narrow range. Technical analysis indicates multiple pivot point levels that traders should monitor closely.

  • Technical levels: Key Fibonacci pivot points at 0.005456, 0.005461, 0.005464, 0.005469, 0.005474, 0.005477, and 0.005482 INR; DeMark’s pivot levels at 0.005464, 0.005469, and 0.005476 INR
  • Risk note: Currency pairs are subject to external factors including financial, regulatory, and political events that may cause sudden volatility
  • Trading opportunities: Monitor support and resistance levels using technical indicators such as RSI, MACD, Stochastics, and moving averages for potential entry and exit points

Conclusion

Continue to monitor the IDR/INR pair closely, integrating technical pivot point analysis with market sentiment and macroeconomic developments. Traders should focus on key support and resistance zones identified through Fibonacci and DeMark’s pivot point methodologies to optimize entry and exit strategies.

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