About this pair
IDR/CNH: what to know
The IDR/CNH rate shows how much CNH you get for 1 IDR. Right now, 1 IDR buys 0.000382263 CNH at the mid-market rate. In the other direction, 1 CNH is worth 2,616.00 IDR.
In the short term IDR is driven mainly by commodity prices and capital flows, while CNH responds to sentiment toward China and offshore flows.
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. CNH is the “offshore” version of the Chinese yuan, traded mainly in Hong Kong — hence the “H”.
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.