CHF/IDR: what to know
The CHF/IDR rate shows how much IDR you get for 1 CHF. Right now, 1 CHF buys 20,691.08 IDR at the mid-market rate. In the other direction, 1 IDR is worth 0.000048 CHF.
In the short term CHF is driven mainly by safe-haven demand and SNB policy, while IDR responds to commodity prices and capital flows.
The Swiss Franc (CHF) is issued by Swiss National Bank (SNB). In uncertain times investors park money in the franc to preserve value. 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.