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Best Exchange Rates

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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.

 
 

Compare Best Exchange Rates for:

   
$AUD
RpIDR

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Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Foreign Transfer Providers
Ratings & Reviews
Receive IDR(Rp)Exchange RateFee AUDTotal CostTransfer ServicesTransfer SpeedDeal Links
 
OFX (OzForex) logo
97,774,200 IDR
Best Overall
9777.420^2.8%Bank Transfers - Online & Phone1-2 days
 
TorFX logo
97,676,400 IDR
97,800 IDR
9767.6402.9%Bank Transfers - Online & Phone1-2 days
 
National Australia Bank (nab) logo
97,425,192 IDR
349,008 IDR
9764223.15%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
National Australia Bank (nab) logo Commonwealth Bank (CBA) logo
95,914,008 IDR
1,860,192 IDR
9604.98154.65%Online, Branch, Bank Transfers2-3 days
 
Commonwealth Bank (CBA) logo
94,402,824 IDR
3,371,376 IDR
9445.956 6.16%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:9777.42 (2.8% from mid-rate)
IDR amount:97,774,200 IDR
Total Cost:2.8%
Time:
Rate Fetched: Thu Mar 21 2019 12:01:10 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:9767.64 (2.9% from mid-rate)
IDR amount:97,676,400 IDR
Total Cost:2.9%
Difference:
97,800 IDR 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:9764.00 (2.94% from mid-rate)
IDR amount:97,425,192 IDR
Total Cost:3.15%
Difference:
349,008 IDR less than using OFX (OzForex)
Time:
Rate Fetched: website - Thu Mar 21 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

Foreign Transfer AUD→IDR
AUD amount:$10,000 AUD
Fee:15
Exchange Rate:9694.19 (3.63% from mid-rate)
IDR amount:95,914,008 IDR
Total Cost:4.65%
Difference:
1,860,192 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:9445.95 (6.1% from mid-rate)
IDR amount:94,402,824 IDR
Total Cost:6.16%
Difference:
3,371,376 IDR less than using OFX (OzForex)
Time:
Rate Fetched: website - Thu Mar 21 2019 12:02:01 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1.2/5.0
Reviews:
 
3 Month Chart
Loading AUDUSD rates

This is a chart showing the change in the AUD-IDR mid-market exchange rate over the last week. 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.

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

Following a flash crash in early January, which saw the Australian dollar briefly trade at a 10-year low of $0.674, the Aussie recovered to $0.73, but then, as it had done before the flash crash, it commenced with a slow and steady decline, and it was back at $0.705 in mid-March and was predicted to fall further.

In February, HSBC predicted a year-end AUD/USD rate of $0.66. In March, Westpac and JP Morgan were slightly more upbeat and argued for $0.68.

Fuelling lower exchange rate forecasts is the Australian economic story, for which major themes include a housing market slump, Chinese growth and the US-China trade spat. The RBA slashed growth forecasts in February and markets are now pricing in 1-2 interest rate cuts this year.

Another Aussie exchange rate worth mentioning is AUD/GBP, which sank in mid-March to its lowest level in nearly 3 years, at just £0.53. The Australian dollar has been unable to compete with the pound of late, since the latter benefits every time the British government fails to make a decision on how to deliver Brexit (every time Brexit appears less likely or to be delayed).

Indonesian Rupiah (IDR) - Market news and forecasts

In the second week of March, the rupiah experienced its largest one-day loss in 8 months. Indonesia’s currency bore the brunt of a carry trade reversal, fuelled by an increase in investor concerns over global growth after the ECB announced it had cut growth forecasts (other central banks also cut forecasts in early 2019). The rupiah weakened to a 2-month low of 14,305 to the dollar, though this was still nearly 7 percent stronger than lows from October.

A positive resolution to US-China trade talks will likely boost the rupiah. These were ongoing at the time of writing. April's general election adds uncertainty to the currency's outlook.

At the start of the year, ANZ’s Head of Asia Research advised making bets on rupiah appreciation for 2019; he described the rupiah as one of his “top trades” for the year. The rupiah will be strongly supported, the researcher said, once the Fed begins to slow down or pause on US interest rate hikes, likely in the second half of the year.