XAG/IDR: what to know
The XAG/IDR rate shows how much IDR you get for 1 XAG. Right now, 1 XAG buys 1,131,307.02 IDR at the mid-market rate. In the other direction, 1 IDR is worth 0.000000883933 XAG.
In the short term XAG is driven mainly by industrial demand and precious-metal trends, while IDR responds to commodity prices and capital flows.
“XAG” uses silver’s Latin symbol Ag (argentum). 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.
Because this pair involves a precious metal, the rate reflects global bullion prices per troy ounce. 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.