About this pair
ISK/IDR: what to know
The ISK/IDR rate shows how much IDR you get for 1 ISK. Right now, 1 ISK buys 145.9167 IDR at the mid-market rate. In the other direction, 1 IDR is worth 0.00685323 ISK.
In the short term ISK is driven mainly by tourism, fishing and commodity prices, while IDR responds to commodity prices and capital flows.
The Icelandic Krona (ISK) is issued by Central Bank of Iceland. After the 2008 crisis Iceland withdrew its cents (aurar) — only whole krónur circulate. 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.
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.