Today's PHP to IDR Price Update

Summary

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

Definition

The Philippine Peso (PHP) and Indonesian Rupiah (IDR) are major fiat currencies in Southeast Asia. The exchange rate between them reflects regional economic conditions, monetary policy divergence, and cross-border trade dynamics between the Philippines and Indonesia.

Today’s Price

• 1 PHP = 285.16 IDR
• 24h High: 285.59 IDR
• 24h Low: 284.48 IDR

Market Analysis

The PHP/IDR pair is currently trading in a neutral zone, as indicated by the 14-day Relative Strength Index (RSI) of 50.51, suggesting balanced market conditions without strong directional bias.

• Technical levels: The pair is consolidating within the recent 24-hour range
• Market sentiment: Current neutral positioning suggests caution before a directional breakout
• Trading opportunities: Monitor for potential moves beyond the 24-hour extremes at 285.59 IDR (resistance) and 284.48 IDR (support)

Conclusion

Continue to monitor the PHP/IDR pair closely for potential breakout opportunities. Traders should remain alert to regional economic data and central bank policy announcements that could drive directional moves in this currency pair.