HUF/IDR: what to know
The HUF/IDR rate shows how much IDR you get for 1 HUF. Right now, 1 HUF buys 55.9131 IDR at the mid-market rate. In the other direction, 1 IDR is worth 0.0179 HUF.
In the short term HUF is driven mainly by Hungarian central-bank policy and regional sentiment, while IDR responds to commodity prices and capital flows.
The Hungarian Forint (HUF) is issued by Hungarian National Bank. The forint is named after the gold florin of Florence. 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.