About this pair
MXN/IDR: what to know
The MXN/IDR rate shows how much IDR you get for 1 MXN. Right now, 1 MXN buys 1,033.82 IDR at the mid-market rate. In the other direction, 1 IDR is worth 0.000967285 MXN.
In the short term MXN is driven mainly by the US economy and capital flows, while IDR responds to commodity prices and capital flows.
The Mexican Peso (MXN) is issued by Bank of Mexico. The Spanish-colonial peso and its “$” sign influenced the US dollar symbol. 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.