IDR/BTC: what to know
The IDR/BTC rate shows how much BTC you get for 1 IDR. Right now, 1 IDR buys 0.000000000737307 BTC at the mid-market rate. In the other direction, 1 BTC is worth 1,356,287,543.86 IDR.
In the short term IDR is driven mainly by commodity prices and capital flows, while BTC responds to crypto-market sentiment and liquidity.
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 supply is capped at 21 million coins.
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.