IDR/XPT: what to know
The IDR/XPT rate shows how much XPT you get for 1 IDR. Right now, 1 IDR buys 0.0000000317134 XPT at the mid-market rate. In the other direction, 1 XPT is worth 31,532,456.14 IDR.
In the short term IDR is driven mainly by commodity prices and capital flows, while XPT responds to industrial (auto) demand and 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. Platinum is rarer than gold and vital for 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.