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AUD to IDR - Rate Guide

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.

 

AUD/IDR update & alerts

1 AUD = 9381.2 IDR

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AUD to IDR - Trading Range (90 Day)
ALERT: 90-DAY LOWS 🔔 |
AUD/IDR at 9393.71 is trading 2.2% below the 90-day average 9600.34 with a range 9392.61 to 9744.87. ALERT: AUD/IDR has dropped to 90-DAY LOWS.
17-Jan-2020 16:NY 21:LON 08:SYD+1d

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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 ProvidersReceive IDR(Rp)Exchange RateFee AUDTotal CostDeal Links
TorFX logo
Rp90,015,700
Best Overall
9001.5704.05%
OFX (OzForex) logo
Rp90,105,800
Rp90,100 more
9010.580^3.95%
XE logo
Rp93,268,100
Rp3,252,400 more
9326.8100.58%
National Australia Bank (nab) logo
Rp90,769,866
Rp754,166 more
9097223.24%
Banks - Average Rate
National Australia Bank (nab) logo Commonwealth Bank (CBA) logo
Rp90,569,356
Rp553,656 more
9069.65153.46%
Commonwealth Bank (CBA) logo
Rp90,368,846
Rp353,146 more
9042.316 3.67%
 
TorFX logo
TorFX: Foreign Transfer AUD→IDR
From Amount (AUD)A$10,000
Fee:0
Exchange Rate:9001.57 (4.05% from mid-rate)
To Amount (IDR) Rp90,015,700
Total Cost:4.05%
Time:6:01 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
 
OFX (OzForex) logo
OFX (OzForex): Foreign Transfer AUD→IDR
From Amount (AUD)A$10,000
Fee:0^ - No fees for BestExchangeRates users (normally $15 for transfers over $10K)
Exchange Rate:9010.58 (3.95% from mid-rate)
To Amount (IDR) Rp90,105,800
Total Cost:3.95%
Difference:
Rp90,100 IDR more than using TorFX
Time:
Rate Fetched: Sat Jan 18 2020 06:01:09 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
XE logo
XE: Foreign Transfer AUD→IDR
From Amount (AUD)A$10,000
Fee:0
Exchange Rate:9326.81 (0.58% from mid-rate)
To Amount (IDR) Rp93,268,100
Total Cost:0.58%
Difference:
Rp3,252,400 IDR more than using TorFX
Time:6:01 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 3.5/5.0
Reviews:
 
National Australia Bank (nab) logo
National Australia Bank (nab): Foreign Transfer AUD→IDR
From Amount (AUD)A$10,000
Fee:22
Exchange Rate:9097 (3.03% from mid-rate)
To Amount (IDR) Rp90,769,866
Total Cost:3.24%
Difference:
Rp754,166 IDR more than using TorFX
Time:
Rate Fetched: website - Sat Jan 18 2020 05:05:02 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
From Amount (AUD)A$10,000
Fee:15
Exchange Rate:8933.87 (4.77% from mid-rate)
To Amount (IDR) Rp90,569,356
Total Cost:3.46%
Difference:
Rp553,656 IDR more than using TorFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
Commonwealth Bank (CBA) logo
Commonwealth Bank (CBA): Foreign Transfer AUD→IDR
From Amount (AUD)A$10,000
Fee:6
Exchange Rate:9042.31 (3.61% from mid-rate)
To Amount (IDR) Rp90,368,846
Total Cost:3.67%
Difference:
Rp353,146 IDR more than using TorFX
Time:
Rate Fetched: website - Sat Jan 18 2020 05:02:02 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1.2/5.0
Reviews:
 
Snapshot 01/18/2020 - 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
Commonwealth Bank (CBA) logo
Rp8,758,312
Compare
8846.78A$106.64%
Foreign Xchange logo
Rp8,555,670
Rp202,642 less
8555.67$10 Home Delivery & AusPost collect8.8%
 
Commonwealth Bank (CBA) logo
Commonwealth Bank (CBA): Travel Money AUD→IDR
From Amount (AUD)A$1,000
Fee:A$10 AUD (1%)
Exchange Rate:8846.78 (5.7% from mid-rate)
To Amount (IDR) Rp8,758,312
Total Cost:6.64%
Time:
Rate Fetched: website - Sat Jan 18 2020 05:02:02 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1.2/5.0
Reviews:
 
Foreign Xchange logo
Foreign Xchange: Travel Money AUD→IDR
From Amount (AUD)A$1,000
Fee:$10 Home Delivery & AusPost collect, No other Fees
Exchange Rate:8555.67 (8.8% from mid-rate)
To Amount (IDR) Rp8,555,670
Total Cost:8.8%
Time:6:01 Local
Currency Services:Order online. Home Delivery and Australia Post Collection for a flat $10 fee
Delivery/Collect:3 business days
Rating:
 
: 4/5.0
Reviews:
 
Snapshot 01/18/2020 - See full table

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)

The threat of proxy war between the US and Iran in Iraq has pared back some of the gains the Aussie had made coming into the New Year.

The Australian dollar had started the new decade strongly climbing to multi-month highs helped along by cooling trade tensions between the United States and China and optimism for global economic growth in the year ahead.

The Aussie broke back over US70 cents on the final day of 2019 — a level not seen since mid year. During December the Australian dollar reversed direction (again) and climbed steadily back up against the US dollar on the back of the strength of the housing market and a market perception that further interest rate cuts were less likely. In November it had been all downhill traffic for the Aussie dropping back from highs close to 70c at the beginning of the month to around 67c against the USD by month end.

At the end of October the AUD had 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.

For AUD forecasts and predictions read our Australian Dollar Forecasts report.

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