Resolution Criteria

This market resolves YES if the USD to IDR exchange rate touches or exceeds IDR 17,500.00 at any point. Resolution will be verified using real-time exchange rate data from major financial sources such as Investing.com, Trading Economics, or XE's currency conversion charts. The market resolves NO if the rate never reaches IDR 17,500.00 by the market's end date.

Background

The current USD/IDR exchange rate is 16,978.5 as of mid-March 2026. Over the past year, USD/IDR has changed by 3.4%, trading within a 52-week range of 16,085.0 to 16,997.5. The highest USD/IDR exchange rate in 2026 was 16,971 Indonesian Rupiahs per US Dollar on January 20, 2026. The target of 17,500 represents approximately a 3% appreciation of the dollar from current levels.

Considerations

The Indonesian rupiah has edged closer to IDR 17,000 per dollar as broad U.S. dollar strength weighed, with the greenback firming on rising global energy prices. As a net oil and gas importer, Indonesia remains exposed to higher energy costs. Active intervention in spot and forward markets by authorities has helped limit the rupiah's slide, which could constrain further depreciation.

This description was generated by AI.