IDR/CAD: what to know
The IDR/CAD rate shows how much CAD you get for 1 IDR. Right now, 1 IDR buys 0.0000790510 CAD at the mid-market rate. In the other direction, 1 CAD is worth 12,650.06 IDR.
In the short term IDR is driven mainly by commodity prices and capital flows, while CAD responds to oil prices and the US economy.
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 Canadian Dollar (CAD) is issued by Bank of Canada. The C$1 coin is the “loonie” (after the loon bird) and the C$2 is the “toonie”.
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.