CLP/IDR: what to know
The CLP/IDR rate shows how much IDR you get for 1 CLP. Right now, 1 CLP buys 18.5965 IDR at the mid-market rate. In the other direction, 1 IDR is worth 0.0538 CLP.
In the short term CLP is driven mainly by the price of copper, while IDR responds to commodity prices and capital flows.
The Chilean Peso (CLP) is issued by Central Bank of Chile. The Chilean peso no longer uses cents — the smallest coins are whole pesos. 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.