About this pair
RUB/IDR: what to know
The RUB/IDR rate shows how much IDR you get for 1 RUB. Right now, 1 RUB buys 208.2392 IDR at the mid-market rate. In the other direction, 1 IDR is worth 0.00480217 RUB.
In the short term RUB is driven mainly by oil and gas prices and sanctions, while IDR responds to commodity prices and capital flows.
The Russian Ruble (RUB) is issued by Bank of Russia. The ruble is one of Europe’s oldest currencies, used since the 13th century. 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.