ETH/IDR: what to know
The ETH/IDR rate shows how much IDR you get for 1 ETH. Right now, 1 ETH buys 44,045,438.60 IDR at the mid-market rate. In the other direction, 1 IDR is worth 0.0000000227038 ETH.
In the short term ETH is driven mainly by network activity and crypto-market sentiment, while IDR responds to commodity prices and capital flows.
Ethereum popularised programmable “smart contracts”. 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.