Today's SAR to IDR Price Update

Summary

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

Definition

The Saudi Riyal (SAR) is the official fiat currency of Saudi Arabia, while the Indonesian Rupiah (IDR) is the primary currency of Indonesia. The exchange rate between them reflects market sentiment toward both currencies and the economic relationship between these two significant emerging markets.

Today’s Price

• 1 SAR = 4,466.41 IDR
• 24h High: 4,464.94 IDR
• 24h Low: 4,464.94 IDR

Market Analysis

The SAR/IDR pair has demonstrated relative stability in the near term. Over the past 52 weeks, the pair has traded within a range of 4,276.50 to 4,521.50, reflecting a year-to-date change of 3.60%.

• Technical outlook: Forecasts indicate a potential 0.85% increase over the next month, with the rate projected to rise toward 4,508.27 IDR
• Trading strategies: Market participants may consider technical analysis, fundamental analysis approaches, or carry trading strategies when engaging with IDR pairs
• Key observation: The current rate of 4,466.41 IDR per SAR positions the pair near mid-range levels within its 52-week trading band

Conclusion

Continue to monitor the SAR/IDR pair, integrating technical analysis with broader market conditions to identify potential trading opportunities and optimize portfolio positioning.