XAU/IDR: what to know
The XAU/IDR rate shows how much IDR you get for 1 XAU. Right now, 1 XAU buys 76,323,508.77 IDR at the mid-market rate. In the other direction, 1 IDR is worth 0.0000000131021 XAU.
In the short term XAU is driven mainly by real interest rates, the dollar and safe-haven demand, while IDR responds to commodity prices and capital flows.
The code “XAU” combines “X” (supranational) with gold’s chemical symbol Au. 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.