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AUD/IDR - Convert Compare Save

Australian Dollar to Indonesian Rupiah exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

This resource page for the Australian Dollar to Indonesian Rupiah exchange rate, has news, forecasts and AUD to IDR comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. You can also check an exchange rate margin with our Exchange Rate Checker.

AUD/IDR Exchange Rates - How to Compare & Save

Exchange rates can vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for AUD/IDR International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
Foreign Transfer ProvidersReceive IDR(Rp)Exchange RateFee AUDTotal CostDeal Links
OFX (OzForex) logo
94,318,700 IDR
Best Overall
9431.870^3.75%
National Australia Bank (nab) logo
95,020,494 IDR
701,794 IDR
9523223.04%
Banks - Average Rate
National Australia Bank (nab) logo Commonwealth Bank (CBA) logo
93,417,686 IDR
901,014 IDR
9355154.67%
Commonwealth Bank (CBA) logo
91,814,878 IDR
2,503,822 IDR
91876 6.31%
OFX (OzForex): Foreign Transfer AUD→IDR
AUD amount:$10,000 AUD
Fee:0^ - No fees for BestExchangeRates users (normally $15 for transfers over $10K)
Exchange Rate:9431.87 (3.75% from mid-rate)
IDR amount:94,318,700 IDR
Total Cost:3.75%
Time:
Rate Fetched: Fri Jul 19 2019 22:01:10 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
National Australia Bank (nab): Foreign Transfer AUD→IDR
AUD amount:$10,000 AUD
Fee:22
Exchange Rate:9523 (2.82% from mid-rate)
IDR amount:95,020,494 IDR
Total Cost:3.04%
Difference:
701,794 IDR more than using OFX (OzForex)
Time:
Rate Fetched: website - Fri Jul 19 2019 21:05:02 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2.1/5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer AUD→IDR
AUD amount:$10,000 AUD
Fee:15
Exchange Rate:9351.58 (4.57% from mid-rate)
IDR amount:93,417,686 IDR
Total Cost:4.67%
Difference:
901,014 IDR less than using OFX (OzForex)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Commonwealth Bank (CBA): Foreign Transfer AUD→IDR
AUD amount:$10,000 AUD
Fee:6
Exchange Rate:9187 (6.25% from mid-rate)
IDR amount:91,814,878 IDR
Total Cost:6.31%
Difference:
2,503,822 IDR less than using OFX (OzForex)
Time:
Rate Fetched: website - Fri Jul 19 2019 22:02:02 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1.2/5.0
Reviews:
 
Snapshot 07/19/2019 - See full table

Example of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

Travel Money ProvidersAmount IDR(Rp)Exchange RateFee AUDTotal CostDeal Links
National Australia Bank (nab) logo
9,184,250 IDR
Compare
9277.02106.28%
Travelex Online AU logo
9,101,458 IDR
82,792 IDR
9101.4578$0 BPay, Card 0.72%-1%7.13%
Banks - Average Rate
Commonwealth Bank (CBA) logo National Australia Bank (nab) logo
9,041,141 IDR
143,109 IDR
9132.47107.74%
Commonwealth Bank (CBA) logo
8,898,031 IDR
286,219 IDR
8987.91A$109.2%
Travel Money Oz logo
8,770,890 IDR
413,360 IDR
8770.89$0 BPay, Credit Card 1%10.5%
National Australia Bank (nab): Travel Money AUD→IDR
AUD amount:$1,000 AUD
Fee:10
Exchange Rate:9277.02 (5.33% from mid-rate)
IDR amount:9,184,250 IDR
Total Cost:6.28%
Time:
Rate Fetched: website - 0:00 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2.1/5.0
Reviews:
Travelex Online AU: Travel Money AUD→IDR
AUD amount:$1,000 AUD
Fee:$0 BPAY, 0.77% MasterCard debit, 0.94% MasterCard credit, 0.72% Visa debit and 1% Visa credit
Exchange Rate:9101.4578 (7.13% from mid-rate)
IDR amount:9,101,458 IDR
Total Cost:7.13%
Time:
Rate Fetched: Fri Jul 19 2019 22:00:04 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 

Banks - Average Rate

Travel Money AUD→IDR
AUD amount:$1,000 AUD
Fee:10
Exchange Rate:9314.85 (4.95% from mid-rate)
IDR amount:9,041,141 IDR
Total Cost:7.74%
Currency Services:Branch
Delivery/Collect:-
Commonwealth Bank (CBA): Travel Money AUD→IDR
AUD amount:$1,000 AUD
Fee:A$10 AUD (1%)
Exchange Rate:8987.91 (8.28% from mid-rate)
IDR amount:8,898,031 IDR
Total Cost:9.2%
Time:
Rate Fetched: website - Fri Jul 19 2019 22:02:02 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1.2/5.0
Reviews:
Travel Money Oz: Travel Money AUD→IDR
AUD amount:$1,000 AUD
Fee:$0 BPay, Credit Card 1%
Exchange Rate:8770.89 (10.5% from mid-rate)
IDR amount:8,770,890 IDR
Total Cost:10.5%
Time:
Rate Fetched: Fri Jul 19 2019 22:00:07 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup
Delivery/Collect:3-5 days
Rating:
 
: 4.2/5.0
Reviews:
 
Snapshot 07/19/2019 - See full table

AUD to IDR interbank exchange rate = 9799.6903

 
 

Exchange Rate Checker

If you have been offered/charged an exchange rate then enter it below to check the true cost to the latest interbank mid-rate.

 
   

Compare savings on AUD/IDR exchange rates

Foreign Transfers Travel Money

Foreign Transfers Travel Money

   

AUD and IDR in the Markets

When determining the best time to make a foreign exchange transaction, in this case the AUD vs IDR, you should pay attention to the recent market trends for both currencies.

 

Australian Dollar (AUD)

In late June and early July, the Australian dollar recovered from multi-month lows against a number of important currencies; however, these recoveries were minor relative to losses over the past 18 months. Against the US dollar, at a rate of 70¢ (July-2), the Aussie was 14 percent lower than its best rate from 2018.

Investors have sold AUD in recent months as they’ve bet on aggressive interest-rate cuts by the Reserve Bank of Australia. These bets paid off: the RBA cut its cash rate in both June and July to a record low of 1 percent.

Lower borrowing costs are necessary, investors believe, in light of persistently soft domestic data and the fallout from a US-China trade standoff that shows no sign of nearing an end.

AUD will continue to track changes in interest-rate expectations. Economists expect at least one further cut this year and many expect two by early 2020. After July's cut, the RBA hinted it would leave rates unchanged for several months.

Interestingly, AUD has decoupled from commodity prices in 2019. The price of iron ore (Australia’s largest export) nears multi-year highs while AUD languishes.

Further RBA interest rate cuts this year are now a certainty, and that doesn’t bode well for currency valuations. Westpac has predicted three cuts this year.

Read more in the article AUD Forecasts.

 

Indonesian Rupiah (IDR)

The rupiah slipped in mid-May to 4-month lows against the US dollar (Rp.14,450) and yen (Rp.132), though it was steady against the Australian dollar (Rp.9,960). This pattern shows how much of the rupiah’s recent movements have been driven by risk sentiment. The rupiah remains historically weak, given its proximity to October’s 20-year low of Rp.15,265 per USD.

Weighing on investor sentiment this year has been the significant escalation in US-China trade tensions. Washington and Beijing both stepped up measures against one another.

For the rupiah, not helping matters in May was news of Indonesia’s worst monthly trade deficit in 6 years, at US$2.5 billion.

With exports struggling, Indonesia’s central bank is under pressure to lower interest rates from 6 percent, but having already pledged to support the rupiah, these rate cuts are unlikely to come, for now.

Capital Economics said in May that the rupiah would be “vulnerable to sudden falls during periods of weak risk appetite.”

DBS warned of “dire consequences” for emerging market currencies like the rupiah if no trade agreement is struck between the US and China.

Why can't I just get the AUD/IDR market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the AUD / IDR was traded (bought or sold) in the international markets.

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

We help you Compare & Save Money on Exchange Rates.

 

View all AUD Exchange Rates