IDR/XAG: what to know
The IDR/XAG rate shows how much XAG you get for 1 IDR. Right now, 1 IDR buys 0.000000883933 XAG at the mid-market rate. In the other direction, 1 XAG is worth 1,131,307.02 IDR.
In the short term IDR is driven mainly by commodity prices and capital flows, while XAG responds to industrial demand and precious-metal trends.
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. “XAG” uses silver’s Latin symbol Ag (argentum).
Because this pair involves a precious metal, the rate reflects global bullion prices per troy ounce. 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.