IDR/GBP: what to know
The IDR/GBP rate shows how much GBP you get for 1 IDR. Right now, 1 IDR buys 0.000041 GBP at the mid-market rate. In the other direction, 1 GBP is worth 24,398.00 IDR.
In the short term IDR is driven mainly by commodity prices and capital flows, while GBP responds to Bank of England policy and the UK 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 British Pound (GBP) is issued by Bank of England. The pound sterling has been in use for over 1,200 years.
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.