IDR/INR: what to know
The IDR/INR rate shows how much INR you get for 1 IDR. Right now, 1 IDR buys 0.00544413 INR at the mid-market rate. In the other direction, 1 INR is worth 183.6842 IDR.
In the short term IDR is driven mainly by commodity prices and capital flows, while INR responds to oil prices and capital 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. The Indian Rupee (INR) is issued by Reserve Bank of India. The ₹ symbol was adopted in 2010.
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.