This report provides the real-time exchange rate between the Chinese Yuan (CNY) and the Indonesian Rupiah (IDR), helping traders quickly grasp market dynamics and identify potential trading opportunities.
Definition
The Chinese Yuan (CNY) is a major fiat currency and the official legal tender of China, while the Indonesian Rupiah (IDR) is the official currency of Indonesia. The exchange rate between them reflects market sentiment regarding bilateral trade flows, economic conditions, and relative currency strength between the two nations.
Today’s Price
1 CNY = 2,409.64 IDR
24h High: 2,454.17 IDR
24h Low: 2,445.35 IDR
Market Analysis
Recent price movements in the CNY/IDR pair show modest fluctuations, with the Indonesian Rupiah demonstrating relative stability against major currency baskets.
Technical focus: Traders should monitor key support and resistance levels derived from moving averages and chart pattern analysis
Risk note: Currency pairs are subject to shifts in macroeconomic conditions and central bank policies affecting both economies
Trading opportunities: Watch for potential trading signals generated by technical indicators and chart pattern formations
Conclusion
Continue to monitor the CNY/IDR exchange rate closely, incorporating technical analysis tools such as moving averages and support/resistance levels into your trading strategy. Combining technical indicators with market sentiment will help identify potential trading opportunities in this currency pair.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Today's CNY to IDR Price Update
Summary
This report provides the real-time exchange rate between the Chinese Yuan (CNY) and the Indonesian Rupiah (IDR), helping traders quickly grasp market dynamics and identify potential trading opportunities.
Definition
The Chinese Yuan (CNY) is a major fiat currency and the official legal tender of China, while the Indonesian Rupiah (IDR) is the official currency of Indonesia. The exchange rate between them reflects market sentiment regarding bilateral trade flows, economic conditions, and relative currency strength between the two nations.
Today’s Price
Market Analysis
Recent price movements in the CNY/IDR pair show modest fluctuations, with the Indonesian Rupiah demonstrating relative stability against major currency baskets.
Conclusion
Continue to monitor the CNY/IDR exchange rate closely, incorporating technical analysis tools such as moving averages and support/resistance levels into your trading strategy. Combining technical indicators with market sentiment will help identify potential trading opportunities in this currency pair.