About this pair
JPY/IDR: what to know
The JPY/IDR rate shows how much IDR you get for 1 JPY. Right now, 1 JPY buys 111.9795 IDR at the mid-market rate. In the other direction, 1 IDR is worth 0.008930 JPY.
In the short term JPY is driven mainly by Bank of Japan policy and global risk appetite, while IDR responds to commodity prices and capital flows.
The Japanese Yen (JPY) is issued by Bank of Japan. “Yen” literally means “round object”. 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.