IDR/XPD: what to know
The IDR/XPD rate shows how much XPD you get for 1 IDR. Right now, 1 IDR buys 0.0000000437351 XPD at the mid-market rate. In the other direction, 1 XPD is worth 22,864,912.28 IDR.
In the short term IDR is driven mainly by commodity prices and capital flows, while XPD responds to auto demand and tight supply.
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. Palladium is used mainly in petrol-engine catalytic converters.
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.