AUD/IDR: what to know
The AUD/IDR rate shows how much IDR you get for 1 AUD. Right now, 1 AUD buys 12,582.23 IDR at the mid-market rate. In the other direction, 1 IDR is worth 0.0000794772 AUD.
In the short term AUD is driven mainly by commodity prices and Chinese demand, while IDR responds to commodity prices and capital flows.
The Australian Dollar (AUD) is issued by Reserve Bank of Australia. Australia pioneered polymer banknotes in 1988 — more durable and harder to counterfeit. The Indonesian Rupiah (IDR) is issued by Bank Indonesia. The rupiah has some of the world’s highest denominations — notes go up to 100,000.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.