XPD/IDR: what to know
The XPD/IDR rate shows how much IDR you get for 1 XPD. Right now, 1 XPD buys 22,864,912.28 IDR at the mid-market rate. In the other direction, 1 IDR is worth 0.0000000437351 XPD.
In the short term XPD is driven mainly by auto demand and tight supply, while IDR responds to commodity prices and capital flows.
Palladium is used mainly in petrol-engine catalytic converters. 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.