IDR/RUB: what to know
The IDR/RUB rate shows how much RUB you get for 1 IDR. Right now, 1 IDR buys 0.00480217 RUB at the mid-market rate. In the other direction, 1 RUB is worth 208.2392 IDR.
In the short term IDR is driven mainly by commodity prices and capital flows, while RUB responds to oil and gas prices and sanctions.
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 Russian Ruble (RUB) is issued by Bank of Russia. The ruble is one of Europe’s oldest currencies, used since the 13th century.
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.