PLN/IDR: what to know
The PLN/IDR rate shows how much IDR you get for 1 PLN. Right now, 1 PLN buys 4,861.19 IDR at the mid-market rate. In the other direction, 1 IDR is worth 0.000206 PLN.
In the short term PLN is driven mainly by NBP policy, EU flows and regional sentiment, while IDR responds to commodity prices and capital flows.
The Polish Zloty (PLN) is issued by National Bank of Poland (NBP). “Złoty” literally means “golden”, a name dating back to medieval gold coins. 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.
For anyone in Poland, this is the mid-market reference to compare against your bank or kantor before exchanging. 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.