2024-03-12 Rupiah News

Summary of Yesterday

  • Opening:
  • Closing:
  • Difference of Opening & Closing:
  • Daily High:
  • Daily Low:
  • Difference of Daily High & Low:

Statistical Measures

  • Mean:
  • Standard Deviation:

Trend

Analysis of IDR Exchange Rate Time Series Data

Based on the data provided, the following comprehensive analysis was executed:

1. Understanding the Overall Trend in the Exchange Rates.

The IDR exchange rate, as presented in the time series data, has been stable throughout the dataset shown. The rate appears to be constant at 8.0E-5, showing no signs of increasing or decreasing over the period of observation.

2. Identifying Seasonality or Recurring Patterns

Due to the constant exchange rate value, there's no discernible seasonality or recurring patterns in the IDR exchange rate changes. This means that the exchange rate does not follow any predictable or cyclical pattern within the given time frame.

3. Noting Any Outliers

Since the exchange rates remain constant throughout, there are no apparent outliers. An outlier would be considered if a value significantly deviated from the constant value of 8.0E-5, but none such cases exist in the provided data.

Thus, the IDR exchange rate, with respect to the provided dataset, can be classified as a constant series devoid of any measurable trend, seasonality or outliers.

ial news, the Indonesian Rupiah (IDR) has held steady, demonstrating an impressive constancy in its exchange rate. Over an extensive period, the IDR has not wavered from its fixed value, illustrating its robustness in a volatile market. The IDR''s unchanging exchange rate was observed at a value of 9.0E-5. This constant was maintained across the entire period under analysis, remaining unaltered at various timestamps. This is an uncommon occurrence in the world of finance, where currencies are typically subject to continual fluctuations due to multiple influencing factors such as international relations, economic indicators, geopolitical events, and market sentiment. The presented data collected for this analysis are in a time-series format, covering a wide range of timestamps. This method of data collection provides a thorough understanding of the currency''s behaviour over a predetermined time. The interpreted data clearly illustrate the IDR''s stability. Its exchange rate maintained a continuous equilibrium, reflecting firm control over its value. This kind of financial stability is highly sought after in the global financial market as it reduces risks and can create a favourable investment climate by keeping the resultant uncertainty to a minimum. The impact of this stoic stability on the market can be manifold. From an international business perspective, a consistent exchange rate minimises the risk of foreign exchange losses, making Indonesian investments potentially more attractive. In terms of economics, a stable currency can boost investor confidence, positively affect capital inflows and contribute towards steady economic growth. The reason behind this state of equilibrium could be attributed to a variety of factors. Indonesia''s central bank, Bank Indonesia, for example, has been known to engage in stabilising interventions, such as monetary policies or exchange rate policies, aimed at controlling fluctuations in the IDR''s value. However, while stability is generally a positive indicator, a persistent static exchange rate could also mask underlying economic issues. A lack of currency fluctuation might indicate suppressed market forces or potentially unsustainable financial policies. Hence, a comprehensive understanding of the wider economic context is vital to interpret these observations. Looking ahead, it will be crucial to monitor the IDR''s exchange rate for any potential changes. Any significant modification, either rising or falling, could have substantial implications, considering its current period of steadfastness. As always, we advise investors and interested parties to stay informed and prepared for all possibilities in this ever-evolving landscape of financial happenings.atic IDR Exchange Rate Holds Strong 

In financial news, the Indonesian Rupiah (IDR) has held steady, demonstrating an impressive constancy in its exchange rate. Over an extensive period, the IDR has not wavered from its fixed value, illustrating its robustness in a volatile market.

The IDR

Current Middle Market Exchange Rate

For information purposes only.