IDR/SEK: what to know
The IDR/SEK rate shows how much SEK you get for 1 IDR. Right now, 1 IDR buys 0.000549920 SEK at the mid-market rate. In the other direction, 1 SEK is worth 1,818.45 IDR.
In the short term IDR is driven mainly by commodity prices and capital flows, while SEK responds to European growth and euro moves.
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 Swedish Krona (SEK) is issued by Sveriges Riksbank. “Krona” means “crown”.
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.