Tax Exchange Rate 29 Oct‑4 Nov 2025: Rupiah Weakens vs US Dollar

The Ministry of Finance has set the tax exchange rates for the period 29 October to 4 November 2025. The rupiah has weakened against the United States dollar (US$) and almost all partner‑country currencies. These rates serve as the benchmark for tax payments for the next seven days.

The tax rate for US$1 is fixed at Rp16,614, up from Rp16,581 the previous week. Rates for the Australian dollar, Malaysian ringgit, Singapore dollar and euro are Rp10,803.23, Rp3,931.36, Rp12,803.22 and Rp19,303.87 respectively, each higher than the prior week. The rates are applied to calculate Value‑Added Tax (VAT), Luxury Goods Sales Tax (PPnBM) and import duties.

The adjustment affects businesses and individual taxpayers engaged in cross‑border transactions, as tax liabilities are computed using these rates. The tax exchange rates are issued through a Minister of Finance Decree and remain effective for a full week. Detailed data can be accessed via the official indicator portal.