“…On the other hand, if the value of the offer against the Rupiah decreases, the value will appreciate. Murad et al (2021), Leasiwal and Subhan (2021), Carissa and Khoirudin (2020), Sean et al (2018), Ningsih and Kristiyatnti (2016), Ichwani and Nisa (2021), Susmiati et al (2021), argues that currency exchange (exchange rate) has a positive relationship and has a significant effect on the money supply. The amount of money in circulation is seen through the supply of money, if the supply of money in a currency increases, then the exchange rate will decrease, on the other hand, if the supply of money decreases, the exchange rate will increase.…”