BCH/IDR: what to know
The BCH/IDR rate shows how much IDR you get for 1 BCH. Right now, 1 BCH buys 3,928,245.61 IDR at the mid-market rate. In the other direction, 1 IDR is worth 0.000000254567 BCH.
In the short term BCH is driven mainly by crypto-market sentiment, while IDR responds to commodity prices and capital flows.
Bitcoin Cash split from Bitcoin in 2017 to enable cheaper, faster transactions. 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.
Because this pair involves a cryptocurrency, expect much higher volatility than typical fiat pairs. 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.