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    AUD to IDR 2024 Forecasts

    Analysis of recent Aussie → Rupiah forecasts for 2024. We collate forecasts from respected FX analysts together with the latest Australian dollar to Indonesian rupiah performance and trends.

     

    Forecasts for AUD to IDR

     

    The Australian dollar (AUD) has faced downward pressure in recent trading sessions, falling by 3% amid concerns over the ongoing interest rate disparity between the US and Australia. Analysts highlight that the Australian dollar plummeted following the release of hotter-than-expected US inflation data, leading to market unease regarding the potential delay in a Federal Reserve interest rate cut. Looking ahead, economists project the AUD to potentially rebound to US69¢ by the year-end, with a positive outlook for 2024 if there is a significant shift in risk appetite and global growth prospects improve. Factors such as interest rate differentials, commodity prices, and risk sentiment are anticipated to influence the AUD's performance, with predictions indicating that the Reserve Bank of Australia's more timely adjustment of rates compared to other central banks could bolster the currency's value.

    On the Indonesian rupiah (IDR) front, the currency has maintained its position around the crucial IDR=15,000 mark against a robust US dollar. Recent data suggests that the weak rupiah has resulted in Indonesians sending higher remittances home, aiding the Indonesian economy during a critical period. Against this backdrop, the AUD to IDR exchange rate currently stands at 10461, representing a 1.5% premium over its 3-month average of 10309, within a stable 4.2% trading range from 10104 to 10529. In the coming months, market analysts will closely monitor global economic conditions, commodity prices, and geopolitical developments to gauge the future trajectory of both the AUD and IDR currencies.

     
    @bestfxrates : 📉 #AUDIDR Update: After a sudden drop due to US inflation data affecting bets on a Fed rate cut, the Australian dollar is showing signs of recovery. Economists predict resilience, with a possible year-end rise to US69¢. IDR stability is helped by overseas remittances. Keep an eye on commodity prices & rate changes for future AUD shifts. #Forex #CurrencyMarkets

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    AUD to IDR Market Data

    Australian dollar (AUD) to Indonesian rupiah (IDR) market data - latest interbank exchange rate, trend, chart & historic rates.

     
    1 AUD =
    10431.6We compare provider deals to this wholesale mid-market rate. Read more
    IDR
    +1.0%
    1W
    AUD to IDR at 10461 is 1.5% above its 3-month average of 10309, having traded in a quite stable 4.2% range from 10104 to 10529
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    Compare & Save - Australian dollar to Indonesian rupiah

    Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Australian dollar (AUD) to Indonesian rupiah (IDR) rates from different sources before making a conversion.

    Use our AUD to IDR calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Aussie to Rupiah currency rates and the possible savings of using various providers.

     
    DateAUD/IDRChangePeriod
    02 Apr 2024
    10400.30
    0.4% 2 Week
    17 Jan 2024
    10245.80
    1.9% 3 Month
    17 Apr 2023
    9958.90
    4.8% 1 Year
    18 Apr 2019
    10037.22
    4% 5 Year
    19 Apr 2014
    10663.52
    2.1% 10 Year
    21 Apr 2004
    6256.30
    66.8% 20 Year
    AUD/IDR historic rates & change to 16-Apr-2024
     

    Will the Australian dollar rise against the Indonesian rupiah?

    It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

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    Read our Currency guide to Indonesia - a practical currency and money guide to travel, living and doing business in Indonesia with the Indonesian rupiah.

     
     

    Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more