Key insights and market outlook
The Indonesian rupiah showed fluctuating movement against the US dollar in the last week of December 2025, closing at Rp16,745 per USD, a slight depreciation of 0.02% 1
The Indonesian rupiah demonstrated a fluctuating performance against the US dollar during the final week of December 2025. The currency closed at Rp16,745 per USD on Friday, December 26, 2025, representing a marginal depreciation of 0.02% compared to its previous close 1
Analysts attribute the rupiah's fluctuation to the strengthening US dollar and typical year-end market dynamics. Lukman Leong from Doo Financial Futures noted that the dollar's rebound following the release of better-than-expected US employment data on Wednesday contributed to the rupiah's weakness. The Jakarta Interbank Spot Dollar Rate (Jisdor) reference rate published by Bank Indonesia showed a slightly different trend, appreciating 0.14% to Rp16,767 per USD on Wednesday, December 24, 2025.
Despite the daily fluctuations, the rupiah recorded a marginal weekly appreciation of 0.02% compared to its level of Rp16,750 per USD on Friday, December 19, 2025. However, the Jisdor rate actually depreciated by 0.19% on a weekly basis, reflecting the complex dynamics influencing the currency's value.
Rupiah Fluctuation Against USD
Year-End Currency Movement