SGD/IDR: what to know
The SGD/IDR rate shows how much IDR you get for 1 SGD. Right now, 1 SGD buys 13,849.65 IDR at the mid-market rate. In the other direction, 1 IDR is worth 0.0000722040 SGD.
In the short term SGD is driven mainly by the MAS-managed currency basket, while IDR responds to commodity prices and capital flows.
The Singapore Dollar (SGD) is issued by Monetary Authority of Singapore. The Singapore and Brunei dollars are interchangeable at par. 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.