BTC/IDR: what to know
The BTC/IDR rate shows how much IDR you get for 1 BTC. Right now, 1 BTC buys 1,357,456,140.35 IDR at the mid-market rate. In the other direction, 1 IDR is worth 0.000000000736672 BTC.
In the short term BTC is driven mainly by crypto-market sentiment and liquidity, while IDR responds to commodity prices and capital flows.
The supply is capped at 21 million coins. 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.