BER Currency News

BER Home/s

  1. Guides
  2. Countries (A-Z)
  3. Indonesia - Travel & Foreign Exchange Guide

Foreign Exchange Guide to Indonesia

Country Code:
Domestic Currency:
Indonesian Rupiah
Currency Code:
Telephone Prefix:

In this guide we review :

  1. Buying Indonesian Rupiah Cash Online - Travel money for Indonesia
  2. Indonesian Rupiah (IDR) - Currency Market News
  3. Sending Money to Indonesia - Save on Indonesian Rupiah bank transfers
  4. Indonesian Rupiah Exchange Rates - Latest info & charts.

Travel Money for Indonesia - Buying Indonesian Rupiah (IDR)

Save money and time by Ordering your Indonesian Rupiah Online from Travelex, you get better rates and can pick up the IDR cash locally or even on travel day at the airport.

Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

For card purchases if offered a choice of currencies always select to Pay in Indonesian Rupiah otherwise you may get much worst exchange rates.

Indonesia Trip Checklist   

  1. Compare IDR Travel Cash Rates - probably why you are here!
  2. Hotel Deals - Save on your accomodation in Indonesia
  3. Travel Insurance - for those unexpected travel adventures...
  4. Lonely Planet - Travel Guide 3 for 2 offer

Indonesian Rupiah (IDR) - Currency Market News

In the first eight months of 2017, the rupiah was remarkably stable against the US dollar, trading within a range equivalent to just 2.25%. The dollar ended August buying Rp.13,340.

In August, Dutch bank ABN Amro upgraded their forecasts for the rupiah. The bank now sees the dollar fetching Rp.13,400 at year-end, down from a previous estimate of Rp.13,700, and Rp.13,200 at the end of 2018, from Rp.13,300.

Against other FX majors, the rupiah remained weak. In late August, against the euro (Rp.16,095), Swiss franc (Rp.14,155) and Japanese yen (Rp.123.16), the rupiah fell to 22-month, 20-month and 9-month lows respectively. And in early September, against the Canadian dollar (Rp.10,691) it fell to a 22-month low.

Economic conditions in Indonesia are now much better than they once were and this includes a move in annual inflation back below 4% (for the year ending July-31). Over the past two decades, inflation has averaged a little more than 10% in Indonesia.

“Political and economic conditions are currently stable,” said Bank Indonesia governor Agus Matowardojohe in July.

Sending Money to Indonesia

When sending money to Indonesia it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 3 simple steps :

  1. Open an account with a provider (id docs may be required)
  2. You specify the local or Indonesian Rupiah amount you want to transfer
  3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
  4. Once your funds are received by the provider the converted IDR amount will be transfered to the recipient account you specify in Indonesia.

You can save around 5% and maybe more - end result is more Indonesian Rupiah deposited into the recipient bank account in Indonesia and less margins and fees kept by the banks!

Compare Transfer Exchange Rates to Indonesia

Indonesian Rupiah - Latest Rate Info

Popular Indonesian Rupiah Cross Rates
View Full List (A-Z)

BER logo Best Exchange Rates - We make it Easy to Compare Exchange Rates & Fees of Banks and Currency Exchange & Payment Providers

Level 2, AMP Tower, 50 Bridge Street, Sydney, NSW 2000, Australia

Disclaimer | Copyright | Privacy Statement


Best Exchange Rates is an information only service. By browsing on the website, using our comparison tools or FX provider referral service, you are asking Best Exchange Rates to provide you with information about currency exchange products & services from multiple financial institutions.

We will try to show you a range of products & services in response to your request for information. The search results do not include all providers and may not compare all features relevant to you. In giving you product information we are not making any suggestion or recommendation to you about a particular product.

If you decide to conduct foreign exchange you will deal directly with a financial institution, and not with Best Exchange Rates. Rates and product information should be confirmed with the relevant financial institution, see our terms of use for further details.

Best Exchange Rates may receive fees or other benefits in relation to activity on the Best Exchange Rates website. Best Exchange Rates may receive remuneration for vendor referral links. Please note that the opinions of our authors are their own and do not reflect the opinion of Best Exchange Rates and should not be taken as a reference to buy or sell any financial product.

Read our Full Terms of Service


This website and its contents are the copyright of BEST EXCHANGE RATES PTY LTD © 2009-17. All rights reserved.

Any redistribution or reproduction of part or all of the contents in any form is prohibited other than the following. You may print or download contents to a local hard disk for your personal and non-commercial use only. You may copy some extracts only to individual third parties for their personal use, but only if you acknowledge the website as the source of the material.

You may not, except with our express written permission, distribute or commercially exploit the content. You may not transmit it or store it on any other website or other form of electronic retrieval system.

For more details or request distribution right please contacxt us here.