IDR/LTC: what to know
The IDR/LTC rate shows how much LTC you get for 1 IDR. Right now, 1 IDR buys 0.00000104015 LTC at the mid-market rate. In the other direction, 1 LTC is worth 961,403.51 IDR.
In the short term IDR is driven mainly by commodity prices and capital flows, while LTC responds to 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. Litecoin was created in 2011 as the “silver to Bitcoin’s gold”.
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.