AUD/IDR update & alerts
1 AUD = 9572.3 IDR
AUD/IDR Exchange Rates and Providers Compared
This guide to the Australian Dollar to Indonesian Rupiah exchange rate with 90-day chart & alerts, historic rates, forecasts and AUD to IDR comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. If you want to calculate equivalent amounts in foreign currencies or rate margins then use our AUD/IDR Quick Calculator.
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 Providers | Receive IDR(Rp) | Exchange Rate | Fee AUD | Total Cost | Deal Links |
|---|---|---|---|---|---|
 | Rp92,093,500 Best Overall | 9209.35 | 0 | 3.88% | |
 | Rp92,185,600 Rp92,100 more | 9218.56 | 0^ | 3.79% | |
 | Rp95,258,900 Rp3,165,400 more | 9525.89 | 0 | 0.58% | |
Banks - Average Rate   Average Bank Rate | Rp91,397,530 Rp695,970 less | 9152.65 | 15 | 4.61% |
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 Providers | Amount IDR(Rp) | Exchange Rate | Fee AUD | Total Cost | Deal Links |
|---|---|---|---|---|---|
 | Rp9,199,880 Best Overall | 9199.88 | A$0 | 3.98% | |
Banks - Average Rate Average Bank Rate | Rp8,869,019 Rp330,861 less | 8958.61 | 10 | 7.44% | |
 | Rp8,820,878 Rp379,002 less | 8820.8779 | $0 BPay, Card 0.72%-1% | 7.94% | |
 | Rp8,738,290 Rp461,590 less | 8738.29 | $15 Home Delivery | 8.8% |
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)
At the end of October the AUD surged to a three month high against the US dollar following the third rate cut in a year by the US Federal Reserve. The gains were mainly due to the fall in the US dollar after the market sensed that US rates are more likely to rise now than fall further.
The RBA also added to the positive sentiment with an optimistic assessment of easing risks from the US-China trade war and Brexit. Accordingly markets are pulling back from bets that the cash rate will drop to 0.5 per cent and the possible start of quantitative easing.
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.
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.
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