Kurs 1 Euro Rupiah

4 min read Jun 26, 2024
Kurs 1 Euro Rupiah

Euro Rupiah Exchange Rate: An Overview

The Euro (EUR) and Indonesian Rupiah (IDR) are two of the most widely traded currencies in the world. The exchange rate between them is a crucial factor in international trade, investment, and travel. In this article, we'll delve into the current exchange rate, its history, and factors that influence it.

Current Exchange Rate

As of [current date], the exchange rate is:

1 EUR = approximately 17,500 IDR

Please note that exchange rates can fluctuate constantly and may have changed since the last update.

History of Euro Rupiah Exchange Rate

The Euro was introduced in 1999, and since then, the exchange rate with the Indonesian Rupiah has experienced significant fluctuations. In the early 2000s, the exchange rate was around 10,000 IDR per 1 EUR. However, during the 2008 global financial crisis, the exchange rate plummeted to around 13,000 IDR per 1 EUR.

In recent years, the exchange rate has been relatively stable, with a slight appreciation of the Rupiah against the Euro. This stability can be attributed to Indonesia's improving economic fundamentals, such as a growing economy and increasing foreign investment.

Factors Affecting the Exchange Rate

Several factors influence the Euro Rupiah exchange rate, including:

Economic Indicators

  • Inflation rate: Changes in inflation rates in the Eurozone and Indonesia can impact the exchange rate.
  • GDP growth: Stronger economic growth in one region can lead to an appreciation of its currency.
  • Unemployment rate: Low unemployment rates can lead to higher economic growth and a stronger currency.

Monetary Policy

  • Interest rates: Changes in interest rates set by the European Central Bank (ECB) and Bank Indonesia can influence the exchange rate.
  • Quantitative easing: Unconventional monetary policies, such as quantitative easing, can impact the exchange rate.

Political and Geopolitical Factors

  • Trade agreements: The implementation of new trade agreements, such as the EU-Indonesia Comprehensive Economic Partnership Agreement (CEPA), can boost trade and investment, leading to exchange rate fluctuations.
  • ** Political instability**: Political uncertainty in either region can lead to currency fluctuations.

Market Sentiment

  • Currency speculation: Market speculators can influence the exchange rate based on their expectations of future economic trends.
  • Risk appetite: Global market sentiment can impact the exchange rate, with investors seeking safer assets during times of uncertainty.


The Euro Rupiah exchange rate is a complex and dynamic phenomenon, influenced by a multitude of factors. Understanding these factors is essential for individuals and businesses involved in international trade and investment. By monitoring the exchange rate and staying informed about economic and political developments, you can make more informed decisions in the global market.

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