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Compare AUD to IDR foreign transfers

Use our comparison table to find the best exchange rates for Indonesian Rupiah foreign transfers versus the Banks.

When you are thinking about sending money abroad, an international money transfer provider is a great option. They can help you with the whole process, provide useful online tools and most importantly bank-beating exchange rates and low or zero fees.

 
 

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$AUD
RpIDR

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Foreign Transfers - Exchange Rate Comparison

Foreign Transfer Providers
Ratings & Reviews
Receive IDR(Rp)Exchange RateFee AUDTotal CostTransfer ServicesTransfer SpeedDeal Links
 
OFX (OzForex) logo
98,197,900 IDR
Value & Rating
9819.790^3.15%Bank Transfers - Online & Phone1-2 days
 
TorFX logo
98,148,800 IDR
Rp49,100 less
9814.8803.2%Bank Transfers - Online & Phone1-2 days
 
National Australia Bank (nab) logo
97,804,356 IDR
Rp393,544 less
9802223.54%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
National Australia Bank (nab) logo Commonwealth Bank (CBA) logo
96,916,302 IDR
Rp1,281,598 less
9705.3154.41%Online, Branch, Bank Transfers2-3 days
 
Commonwealth Bank (CBA) logo
96,028,248 IDR
Rp2,169,652 less
9608.596 5.29%Online, Branch, Bank Transfers2-3 days
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:9819.79 (3.15% from mid-rate)
IDR amount:98,197,900 IDR
Total Cost:3.15%
Time:
Rate Fetched: Tue Jan 22 2019 12:01:09 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.8/5.0
Reviews:
TorFX: Foreign Transfer AUD→IDR
AUD amount:$10,000 AUD
Fee:0
Exchange Rate:9814.88 (3.2% from mid-rate)
IDR amount:98,148,800 IDR
Total Cost:3.2%
Difference:
Rp49,100 less than using OFX (OzForex)
Time:12:06 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
National Australia Bank (nab): Foreign Transfer AUD→IDR
AUD amount:$10,000 AUD
Fee:22
Exchange Rate:9802.00 (3.32% from mid-rate)
IDR amount:97,804,356 IDR
Total Cost:3.54%
Difference:
Rp393,544 less than using OFX (OzForex)
Time:
Rate Fetched: website - Tue Jan 22 2019 11:05:02 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2.1/5.0
Reviews:
 

Banks - Average Rate
National Australia Bank (nab) logo Commonwealth Bank (CBA) logo

Foreign Transfer AUD→IDR
AUD amount:$10,000 AUD
Fee:15
Exchange Rate:9736.2 (3.97% from mid-rate)
IDR amount:96,916,302 IDR
Total Cost:4.41%
Difference:
Rp1,281,598 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:9608.59 (5.23% from mid-rate)
IDR amount:96,028,248 IDR
Total Cost:5.29%
Difference:
Rp2,169,652 less than using OFX (OzForex)
Time:
Rate Fetched: website - Tue Jan 22 2019 12:02:03 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1.2/5.0
Reviews:
 
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes

1 AUD = 10110.8464 IDR

This is the current AUD-IDR mid-market exchange rate. The Total Cost of each foreign transfer in the above table is calculated as the sum of all fees and the exchange rate margin, which is the difference between the provider's exchange rate and the mid-market AUD-IDR exchange rate.

3 Month Chart
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Currency news and forecasts for Australian Dollar and Indonesian Rupiah

Whenever you are interested in an exchange rate you are actually interested in two currencies due to the fact that the value of a currency must always be quoted in comparison to a second currency.

So it follows that if you are determining the best time to transact, in this case the AUD vs IDR, you should pay attention to both Australian Dollar and Indonesian Rupiah news and forecasts.

Australian Dollar (AUD) - Market news and forecasts

17-January-19: The Australian dollar recovered strongly following a "flash crash" in early January which saw it briefly trade at a 10-year low of 67.4 US cents.

By the time of this report, AUD/USD was back at 72 cents and roughly in line with December’s median exchange rate. The Aussie was similarly strong against other major currencies following its mini crash.

Several months ago, most analysts agreed that the Aussie was heading higher in 2019, but things have changed. In recent months, investors have become increasingly certain that no increase to Australian interest rates will be seen until 2020; there is, in fact, now a 25 percent chance of an RBA cut, per derivatives pricing. Inaction on interest rates will force capital away from Australia and towards countries where rates are higher or are expected to increase.

One senior researcher at BNP Paribas said in January that the Australian dollar would “get absolutely crucified and could suffer a 25-30 percent [long-term] fall.”

In opposition to that view, at least relative to the US dollar, was a CIBC analyst, who said that at current levels the Aussie was “very undervalued” and was his “best bet” for 2019. The analyst’s view was based upon there being a positive resolution to the US-China trade spat. The Aussie could be worth as much as 78 US cents in the second half of 2019, the analyst said.

Indonesian Rupiah (IDR) - Market news and forecasts

In 2018 the rupiah shed 6 percent of its value against the US dollar (Rp.14,479), 2 percent against the euro (Rp.16,579) and 1 percent versus the pound (Rp.18,446). It did, however, manage to gain nearly 4 percent against a struggling Australian dollar (Rp.10,212).

Among factors contributing to rupiah weakness in 2018 was the mid-year emerging market currency crisis and a US-China trade war, as well as the firmer US dollar and higher US interest rates, which makes Indonesia’s foreign loan repayments more expensive and risk-adjusted rupiah returns less attractive.

The Indonesian central bank raised interest rates several times in 2018 in an attempt to curb currency weakness but this only proved effective in the final two months of the year, during which the rupiah gained 5 percent against the US dollar.

In mid-December, ANZ’s Head of Asia Research advised making bets on rupiah appreciation for 2019; he described this as one of his “top trades” for the year. The rupiah will be strongly supported, especially in the second half of the year, once the Fed begins to slow down or pause on interest rates hikes, he said.

Currency News and Forecasts - Australian Dollar

Australian Dollar to Get “Crucified,” Analyst Says
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Sterling at 7-Week High Ahead of Important Brexit Vote
Euro Fails in Breakout Attempt, Has Mixed Outlook in 2019
Australian Dollar, Canadian Dollar to Outperform; Yuan at 5-Month High
Outlook for Singapore Dollar Is Bright; Swiss Franc Strong In Spite of ...