Today's IDR to JPY Price Update

Summary

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

Definition

The Indonesian Rupiah (IDR) is the official currency of Indonesia, while the Japanese Yen (JPY) is one of the world’s major reserve currencies. The exchange rate between them reflects market sentiment toward emerging market currencies and the relative strength of the Japanese Yen in the forex market.

Today’s Price

• 1 IDR = 0.00939 JPY
• 24h High: 0.0094168 JPY
• 24h Low: 0.0093763 JPY

Market Analysis

Recent IDR/JPY price movements reflect the ongoing dynamics between emerging market currencies and safe-haven assets. Current technical indicators suggest a neutral sentiment for this currency pair.

• Technical focus: Monitor moving averages and key oscillators for directional confirmation
• Risk note: Currency pairs involving emerging markets can experience sudden volatility due to macroeconomic shifts and central bank policies
• Trading opportunities: Watch for potential trading signals around the 24-hour range, with attention to technical breakouts above resistance or support levels

Conclusion

Continue to monitor the IDR/JPY pair closely, utilizing technical analysis tools such as moving averages and oscillators to identify entry and exit points. Traders should remain alert to market developments that could influence emerging market currency valuations.