Today's KRW to IDR Price Update

Summary

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

Definition

The South Korean Won (KRW) and Indonesian Rupiah (IDR) are major fiat currencies representing two significant Asian economies. The exchange rate between them reflects market sentiment toward regional economic conditions and currency stability in Southeast and East Asia.

Today’s Price

• 1 KRW = 11.4089 IDR
• 24h High: 11.4208 IDR
• 24h Low: 11.3616 IDR

Market Analysis

Recent KRW/IDR price movement shows moderate volatility within a narrow trading range. The Relative Strength Index (RSI) over the 14-day period stands at 62.099, suggesting a buy signal for the currency pair.

• Technical levels: RSI at 62.099 indicates the pair is approaching overbought conditions but still maintains bullish momentum
• Risk note: Short-term volatility remains present; traders should monitor support levels around 11.3616 IDR
• Trading opportunities: Watch for potential upside movement toward 11.43–11.48 IDR in the near term, with continued strength possible if technical indicators remain constructive

Conclusion

Continue to monitor the KRW/IDR pair closely, integrating technical indicators with regional economic developments. Traders should remain alert to support and resistance levels while considering the current bullish technical setup for potential trading opportunities.