IDR/PLN: what to know
The IDR/PLN rate shows how much PLN you get for 1 IDR. Right now, 1 IDR buys 0.000206 PLN at the mid-market rate. In the other direction, 1 PLN is worth 4,843.42 IDR.
In the short term IDR is driven mainly by commodity prices and capital flows, while PLN responds to NBP policy, EU flows and regional 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. The Polish Zloty (PLN) is issued by National Bank of Poland (NBP). “Złoty” literally means “golden”, a name dating back to medieval gold coins.
For anyone in Poland, this is the mid-market reference to compare against your bank or kantor before exchanging. 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.