About this pair
CNH/IDR: what to know
The CNH/IDR rate shows how much IDR you get for 1 CNH. Right now, 1 CNH buys 2,616.00 IDR at the mid-market rate. In the other direction, 1 IDR is worth 0.000382263 CNH.
In the short term CNH is driven mainly by sentiment toward China and offshore flows, while IDR responds to commodity prices and capital flows.
CNH is the “offshore” version of the Chinese yuan, traded mainly in Hong Kong — hence the “H”. 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.