GoodWill Journal of Economics, Management, and Accounting
Vol. 6 No. 1 (2026): April 2026

Connection Mark Swap Rupiah To Dollar American States With Inflation Rates In Indonesia: Systematic Literature Review

Alhusna Burhan Ali (Master Management, University Muhammadiyah Makassar)
Rahmad Dani Wahe (Master Management, University Muhammadiyah Makassar)
Muchriana Muchran (Master Management, University Muhammadiyah Makassar)



Article Info

Publish Date
30 Apr 2026

Abstract

This study aims to analyze the relationship between the Rupiah (IDR) exchange rate against the Dollar American Union (USD) with level inflation in Indonesia through systematic approach Literature Review (SLR). Adopting the PRISMA protocol, a literature search was conducted on the database Scopus for the period 2015-2025. Of the 354 articles identified, 10 met the inclusion criteria for in-depth analysis. synthesis show consistency findings that depreciation Rupiah in a way significant triggering an increase in inflation through the imported mechanism inflation , particularly in energy prices and imported raw materials. Methodological analysis reveals the effectiveness of dynamic models such as ARDL, VAR, and ECM in capturing long-run structural relationships. However, there is a shift significant going to use method machine learning (ELM And NARX (NN) which is proven own precision tall (until 4.57%) in predict trend mark swap during periods of extreme volatility such as the COVID-19 pandemic. Another key finding confirms that the effectiveness of monetary policy in stabilizing prices depends heavily on the interest rate differential . rate differential ) and the institutional credibility of the central bank in managing market expectations.

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Journal Info

Abbrev

GoodWill

Publisher

Subject

Economics, Econometrics & Finance

Description

GoodWill Journal of Economics, Management, and Accounting, published by the Amerta Institute under Yayasan Amerta Insan Unggul, is a peer-reviewed electronic scholarly journal dedicated to advancing research in the fields of economics, management, and accounting. The journal is registered with ...