1 USD to IDR Chart: Understanding the Exchange Rate
The exchange rate between the US Dollar (USD) and the Indonesian Rupiah (IDR) is an essential aspect of international trade and finance. In this article, we'll explore the 1 USD to IDR chart, providing an overview of the exchange rate, its history, and factors that influence it.
What is the Current Exchange Rate?
As of [current date], the exchange rate is:
1 USD = ** IDR **
Historical Exchange Rate Chart
Here's a historical exchange rate chart of 1 USD to IDR over the past 5 years:
| h2 Year | h2 Exchange Rate |
|---|---|
| 2020 | 1 USD = 14,000 IDR |
| 2019 | 1 USD = 13,500 IDR |
| 2018 | 1 USD = 13,000 IDR |
| 2017 | 1 USD = 12,500 IDR |
| 2016 | 1 USD = 12,000 IDR |
Factors Affecting the Exchange Rate
The exchange rate between USD and IDR is influenced by several factors, including:
Economic Indicators
- Inflation rates
- GDP growth
- Interest rates
- Trade balances
Political Stability
- Government policies
- Political uncertainty
- Global events
Supply and Demand
- Currency speculation
- International trade
- Investment flows
Commodity Prices
- Oil prices
- Commodity exports
- Inflation expectations
How to Convert 1 USD to IDR
To convert 1 USD to IDR, you can use the following formula:
IDR = USD x Exchange Rate
Where Exchange Rate is the current rate.
Conclusion
In conclusion, the 1 USD to IDR chart provides a valuable insight into the exchange rate between the two currencies. Understanding the factors that influence the exchange rate can help individuals and businesses make informed decisions in the world of international finance. Stay up-to-date with the latest exchange rate and make the most of your currency conversions!
