HKD/IDR: what to know
The HKD/IDR rate shows how much IDR you get for 1 HKD. Right now, 1 HKD buys 2,237.09 IDR at the mid-market rate. In the other direction, 1 IDR is worth 0.000447010 HKD.
In the short term HKD is driven mainly by its peg to the US dollar, while IDR responds to commodity prices and capital flows.
The Hong Kong Dollar (HKD) is issued by Hong Kong Monetary Authority. Most banknotes are issued by three commercial banks, not a central bank. 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.