IDR/BRL: what to know
The IDR/BRL rate shows how much BRL you get for 1 IDR. Right now, 1 IDR buys 0.000291857 BRL at the mid-market rate. In the other direction, 1 BRL is worth 3,426.34 IDR.
In the short term IDR is driven mainly by commodity prices and capital flows, while BRL responds to commodity prices and central-bank policy.
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. The Brazilian Real (BRL) is issued by Central Bank of Brazil. The real was introduced in 1994 to end hyperinflation; the plural is “reais”.
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.