Proceedings of the Regional Seminar on Community Issues, SSIK 2023, 20 September 2023, Kendari, Province of Sulawesi Tenggara, Indonesia

Research Article

The Effect of Exchange Rate and Crisis on the Number of Tourist Visits in Indonesia

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  • @INPROCEEDINGS{10.4108/eai.20-9-2023.2340990,
        author={Heppi Millia and Muh. Yani Balaka and La Ode Saidi and Irmawati P. Tamburaka},
        title={The Effect of Exchange Rate and Crisis on the Number of Tourist Visits in Indonesia},
        proceedings={Proceedings of the Regional Seminar on Community Issues, SSIK 2023, 20 September 2023, Kendari, Province of Sulawesi Tenggara, Indonesia},
        publisher={EAI},
        proceedings_a={SSIK},
        year={2023},
        month={12},
        keywords={exchange rate crisis tourism ardl},
        doi={10.4108/eai.20-9-2023.2340990}
    }
    
  • Heppi Millia
    Muh. Yani Balaka
    La Ode Saidi
    Irmawati P. Tamburaka
    Year: 2023
    The Effect of Exchange Rate and Crisis on the Number of Tourist Visits in Indonesia
    SSIK
    EAI
    DOI: 10.4108/eai.20-9-2023.2340990
Heppi Millia1,*, Muh. Yani Balaka1, La Ode Saidi1, Irmawati P. Tamburaka1
  • 1: Universitas Halu Oleo
*Contact email: millia1959@uho.ac.id

Abstract

Foreign exchange is a transaction tool in an international market. Therefore, changes in domestic currency exchange rates on foreign currencies will affect macroeconomic variables. Besides, a crisis that occurs will also have an impact on the economy, especially the tourism sector. This study aims to examine the effect of the Rupiah exchange rate on the USD Dollar and the crisis on the number of tourists visits Indonesia. The data used to test this effect were annual time series data from 1990-2022. The results of data analysis using Autoregressive distributed lag (ARDL) model show that there is a long-term effect of exchange rates and crises on the number of tourists. Furthermore, the crisis has a short-term effect on the number of tourists.