The EUR/IDR rate is currently at 19,352 IDR, hitting 14-day highs, driven by a weak USD and changes in ECB policy. Analysts note stability in a 4.4% range (18,842-19,667 IDR), but geopolitical tensions and inflation trends in Germany could impact future movements. Monitoring these factors is crucial for businesses making international transactions

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What is the best Send Money conversion rate for EUR to IDR?

The best EUR to IDR exchange rate is 19222.62 from XE. This is -0.6% compared to the mid-market rate 19,339.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Euro (EUR) to Indonesian rupiah (IDR) rates from different sources before making a conversion.

The above Euro to Rupiah comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest EUR-IDR mid-rate and the possible savings of using various providers. 

How do EUR-IDR rates compare between providers?

Looking at the full EUR to IDR - Send Money comparison table the provider with the best EUR to IDR exchange rate is XE at 19222.62, -0.6% from the latest mid-market rate 19,339.

The next best is Wise at 19187.04, -0.79% from the mid-rate.

Then Western Union at 19048.57, which is -1.5% from the mid-rate.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.

 

Compare EUR to IDR Transfer Rates