BRL/IDR: what to know
The BRL/IDR rate shows how much IDR you get for 1 BRL. Right now, 1 BRL buys 3,426.34 IDR at the mid-market rate. In the other direction, 1 IDR is worth 0.000291857 BRL.
In the short term BRL is driven mainly by commodity prices and central-bank policy, while IDR responds to commodity prices and capital flows.
The Brazilian Real (BRL) is issued by Central Bank of Brazil. The real was introduced in 1994 to end hyperinflation; the plural is “reais”. 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.