About this pair
USD/IDR: what to know
The USD/IDR rate shows how much IDR you get for 1 USD. Right now, 1 USD buys 16,666.67 IDR at the mid-market rate. In the other direction, 1 IDR is worth 0.000060 USD.
In the short term USD is driven mainly by Fed policy, US growth and global risk appetite, while IDR responds to commodity prices and capital flows.
The US Dollar (USD) is issued by Federal Reserve (Fed). Most of the world’s central-bank reserves are held in US dollars. 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.