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Development of North Sulawesi Peasant Exchange Rates June 2023

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Release Date	:	July 3, 2023
File Size	:	2.31 MB

Abstract

The North Sulawesi Farmer's Exchange Rate (NTP) in June 2023 rose 2.55 percent to 110.17 compared to May 2023 which was only 107.43.

NTP on a Year to Date (YTD) or calendar year basis has increased, but on a Year on Year (YoY) or year to year basis it has shown a decreasing trend. The YTD Farmers Exchange Rate rose 3.88 percent and YoY fell 0.16 percent.

The Agricultural Household Business Exchange Rate (NTUP) increased by 2.26 percent, from a value of 106.20 in May 2023 to 108.61 in June 2023.

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