XPT/IDR: what to know
The XPT/IDR rate shows how much IDR you get for 1 XPT. Right now, 1 XPT buys 31,408,596.49 IDR at the mid-market rate. In the other direction, 1 IDR is worth 0.0000000318384 XPT.
In the short term XPT is driven mainly by industrial (auto) demand and supply, while IDR responds to commodity prices and capital flows.
Platinum is rarer than gold and vital for 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.