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Did I get ripped off by a money changer or am I just dumb?
Getting ready for a trip to Vietnam I've been looking forward to for months, I took some rupiah into a money changer today to change them to Vietnamese dong (best currency name ever, btw.) They quoted me a .95 exchange rate, and not knowing any better, I changed the money, getting 5.1 million dong for my 4.85 jt rupiah. I skipped home, looked up the exchange rate on Google out of curiosity, and found it to be .60, meaning I should have gotten almost 8 million dong, not 5, a hugely significant number. I raced back to the money changer (DolarAsia on Jl. Dago in Bandung, btw) and confronted them, asking how their exchange rate could be more than 30 percent different from what I found online. They said that the exchange rate I saw on google is up to date, but because I exchanged it after "market closing", the rate they give is based on "speculation." This is where I admit I know literally nothing about finance. Am I an idiot, and you're not supposed to exchange money at night, after a market has closed? Or have I been basically ripped off out of around 2 juta??? I realise the rate is supposed to be a little different, that's how those places make their money, but 30%??? Really pissed right now and just looking for answers, thanks komodos...
[Changelog] - 2/5/2019 - Portfolio Upgrades, WebSocket API Beta, and an Easter Egg
The Cryptowatch team has traveled from across the globe (galaxy?) to come to the ski slopes of an undisclosed location to put together this release for you.
We've added a quote currency selector to the portfolio, so you can see your balance in whatever currency you prefer. Our personal favorite, you ask? The IDR, of course. It makes us look the best!
WebSocket API Beta
Our WebSocket API for streaming live prices from all markets on Cryptowat.ch is now live in beta. A few select partners have hammered on it for a few weeks - and you could be next. If you shoot an email to [[email protected]](mailto:[email protected]) with your Cryptowatch username, we can get you set up with access to the beta. Cryptowatch accounts are now free, so go ahead and create one if you haven't yet!
Kraken WebSocket API Launched
Kraken recently launched their streaming WebSocket API, which Cryptowatch now uses to populate Kraken markets. You'll notice much snappier data on all Kraken markets, and we'll soon have deeper order books for Kraken as a result.
To match with the new Kraken branding, we've released two new themes to Cryptowatch: Kraken Dark (New) and Kraken Light (New). Check them out in the settings menu on the home page and any chart page.
Cryptowat.ch has always had a passion and respect for the right of our clients to privacy and security. As we begin to send more emails and communications to clients, you'll occasionally see a "signature.asc" file attached to your emails from us: if you use an email client that supports PGP signatures, like ProtonMail or Thunderbird with Enigmail, you can import our PGP keys to validate the authenticity of our emails to you.
From Pairs to Instruments
While you won't notice any changes to the user interface as a result of this update, it marks a major moment in our ability to support advanced financial products. Currently, Cryptowat.ch (and most services in the crypto space) are built around a "currency exchange" (forex) model of trading one asset for another - a "base" for a "quote". With the changes we are making, we can now support financial products like futures, swaps, options, loans, and more. We cannot promise any of these will be added - but we are working towards a structure that will allow us to do so in the future, should we choose to do so!
Due to recent tragedies around the QuadrigaCX exchange, we've disabled all of their markets.
U.S. Dollar/Indonesian Rupiah forex price quote with latest real-time prices, charts, financials, latest news, technical analysis and opinions. IDR - Indonesian Rupiah. Our currency rankings show that the most popular Indonesia Rupiah exchange rate is the USD to IDR rate. The currency code for Rupiahs is IDR, and the currency symbol is Rp. More Indonesian Rupiah info > USD IDR Exchange Rate. This is the live USD IDR rate forex data page, displaying the FX price for the USD/IDR. The FX rate self-updates every few seconds. Compare exchange rates with base currency USD with the second table of results. Indonesians enjoy a perfect Forex trading environment, because the foreign exchange market works with a floating foreign exchange system, combined with a free market economy. The official currency of Indonesia is the Indonesian Rupiah, indicated by IDR in the Forex market. The Bank of Indonesia issues and distributes IDR banknotes and coins. FOREX.com is a registered FCM and RFED with the CFTC and member of the National Futures Association (NFA # 0339826). Forex trading involves significant risk of loss and is not suitable for all investors. Full Disclosure. Spot Gold and Silver contracts are not subject to regulation under the U.S. Commodity Exchange Act.
Forex: The Marathon Investment Group Chicago - YouTube
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