As an Investment, Can Crypto Affect Rupiah Exchange Rate? And Vice Versa : Indonesia’s Evidence

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As an Investment, Can Crypto Affect Rupiah Exchange Rate? And Vice Versa : Indonesia’s Evidence

ABSTRACT: This study aims to analyze the impact of cryptocurrencies on the rupiah exchange rate in Indonesia in 2021. This type of research is exploratory research with the method used being a dynamic model. The data in this study is secondary data with a period of 1 year with daily data frequency. The results show that there is an interrelated influence between cryptocurrencies and exchange rates, other results also show the potential for investment in several types of crypto.

KEYWORDS: Crypto, Exchange Rates, VECM, Investment

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