IDR/ETH: what to know
The IDR/ETH rate shows how much ETH you get for 1 IDR. Right now, 1 IDR buys 0.0000000227589 ETH at the mid-market rate. In the other direction, 1 ETH is worth 43,938,771.93 IDR.
In the short term IDR is driven mainly by commodity prices and capital flows, while ETH responds to network activity and crypto-market sentiment.
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. Ethereum popularised programmable “smart contracts”.
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.