Today's ZAR to IDR Price Update

Summary
This article provides real-time exchange rates and volatility information for ZAR to IDR, helping traders quickly grasp market dynamics and potential trading opportunities.

Definition

The South African Rand (ZAR) and Indonesian Rupiah (IDR) are important fiat currencies in their respective regions. The exchange rate between them reflects market perceptions of relative economic strength and currency stability in South Africa and Indonesia.

Today’s Price

• 1 ZAR = 973.79 IDR
• 24h High: 975.9562 IDR
• 24h Low: 973.4784 IDR

Market Analysis

Recent ZAR/IDR exchange rate movements have shown relatively low volatility within a narrow range.

• Technical focus: Watch for potential support and resistance levels around the recent high and low points
• Risk note: Be aware of potential economic data releases from either country that could impact the exchange rate
• Trading opportunities: Consider range-bound trading strategies given the current tight price action

Conclusion

Continue monitoring the ZAR/IDR pair, combining market trends and technical indicators to develop appropriate trading strategies and capitalize on potential opportunities.