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Old 07-09-2012, 11:45 PM
eg5354 eg5354 is offline
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eg5354 is a Helpful and Caring Samstereg5354 is a Helpful and Caring Samster
Re: Batam Info Thread

Quote:
Originally Posted by hendri2 View Post
5354, batam expert analyst, when the ex will reach 8000 to 1...i predict by next month...haha!!!
If you observe from the graph below which shows the trend of exchange rate of sing dollar against rupiah for a period of 4 years, the rupiah has shown to be extremely volatile.

We can see that ever since June 2010 the rupiah has been continuously depreciating gradually from 6600 all the way to now about 7700.

Therefore the estimated average depreciation of rupiah per month will be (7700-6600) divide by 27 months = 1100/27 = 40 rupiah per month.

7700 to 8000 is merely a difference of 300 rupiah.

300 rupiah divide by 40 rupiah = 7.5 months.

Probably about another 8 months later may reach 8000 rupiah provided sing dollar remain strong.....

Of course there may be other economic factors which may affect the exchange rate.

(The above is base on my estimation only, may not be accurate)

http://indahnesia.com/Images/charts/...rt_monthly.png