CAD/IDR: what to know
The CAD/IDR rate shows how much IDR you get for 1 CAD. Right now, 1 CAD buys 12,649.05 IDR at the mid-market rate. In the other direction, 1 IDR is worth 0.0000790573 CAD.
In the short term CAD is driven mainly by oil prices and the US economy, while IDR responds to commodity prices and capital flows.
The Canadian Dollar (CAD) is issued by Bank of Canada. The C$1 coin is the “loonie” (after the loon bird) and the C$2 is the “toonie”. 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.