USD/IDR: Bearish Momentum Suggests More Downside

Did I get ripped off by a money changer or am I just dumb?

Getting ready for a trip to Vietnam I've been looking forward to for months, I took some rupiah into a money changer today to change them to Vietnamese dong (best currency name ever, btw.)
They quoted me a .95 exchange rate, and not knowing any better, I changed the money, getting 5.1 million dong for my 4.85 jt rupiah. I skipped home, looked up the exchange rate on Google out of curiosity, and found it to be .60, meaning I should have gotten almost 8 million dong, not 5, a hugely significant number.
I raced back to the money changer (DolarAsia on Jl. Dago in Bandung, btw) and confronted them, asking how their exchange rate could be more than 30 percent different from what I found online. They said that the exchange rate I saw on google is up to date, but because I exchanged it after "market closing", the rate they give is based on "speculation."
This is where I admit I know literally nothing about finance. Am I an idiot, and you're not supposed to exchange money at night, after a market has closed? Or have I been basically ripped off out of around 2 juta??? I realise the rate is supposed to be a little different, that's how those places make their money, but 30%???
Really pissed right now and just looking for answers, thanks komodos...
submitted by bobokeen to indonesia [link] [comments]

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USD/IDR dropped through the 14525 – 14563 inflection point, taking out 14342. Now prices are on the cusp of testing the June low at 13935. A drop through this price could open the door to facing ... View the reciprocal forex rates chart (Indonesia Rupiah - IDR / US Dollar - USD) by tapping the link near the symbol (USDIDR). You can customize the forex quotes table below to display your favourite currency pairs. Just choose "manage favourites" in under the "Select Currencies" menu. USD/IDR picks up bids even as Indonesia Retail Sales recovers in September. Risk sentiment improves after RBNZ, US holidays limit the bulls. USD/IDR trims early-Asian session losses while picking up the bids near 14,095 during the initial trading on Wednesday. In doing so, the quote pays a little heed to the monthly Retail Sales figures from ... Überlegen Sie, wo Sie 500 Indonesische Rupiah zu Kroatische Kuna (500 IDR zu HRK) heute konvertieren sollen? Sehen Sie sich heute die besten 500 Indonesische Rupiah zu Kroatische Kuna Wechselkurse in meiner Nähe an nach 500 IDR zu HRK Wechselkursverlauf und Prognose zur Maximierung Ihrer Rendite. The USD/IDR completed a breakdown below its resistance zone, from where a more massive sell-off appears probable. The Force Index, a next-generation technical indicator, was able to record three higher lows but was rejected by its horizontal resistance level. Adding to downside pressures is the descending resistance level, as marked by the green rectangle, which is favored to result in a ... Current exchange rate US DOLLAR (USD) to INDONESIAN RUPIAH (IDR) including currency converter, buying & selling rate and historical conversion chart. This USD/IDR Chart lets you see this pair's currency rate history for up to 10 years! XE uses highly accurate, live mid-market rates. USD to IDR Chart. 30 Oct 2020 22:10 UTC - 31 Oct 2020 22:11 UTC. USD/IDR close:14690.36972 low:14608.19275 high:14759.71181 Convert. Need a cash payout option? With cash payout to over 100 countries, our sister company can help. Try Ria Money Transfer Get a ... U.S. Dollar/Indonesian Rupiah forex price quote with latest real-time prices, charts, financials, latest news, technical analysis and opinions. United States Dollar / Indonesian Rupiah (USDIDR) rate forecast is 25253.069472. The (USDIDR) currency rate prediction is 25253.069472 USD for 2021 November 12, Friday; and 91485.20 for 2025 November 12, Wednesday with technical analysis. Should the Force Index reclaim its ascending support level, serving as resistance, the USD/IDR could attempt to push higher. Forex traders should take advantage of any price spike amid a bleak outlook for the US Dollar, faced with more debt and a slowing economy. Indonesia takes the necessary step to boost its economy in the long-term, adding to strength for its currency. The upside potential ...

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