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GBP to IDR - Rate Guide

British Pound Sterling 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.

 

GBP/IDR trend & alerts

1 GBP = 18044.9 IDR

ALERTS: 14-DAY UP 4% | 90-DAY HIGH |
GBP/IDR is trading well above the 90 day average 17390.88 with a range from LOW 17036.33 to HIGH 18111.3. ALERTS: GBP/IDR is UP 4% this 14-DAY period and has also risen to a 90-DAY HIGH.

View GBP/IDR - Interactive Chart

GBP/IDR Exchange Rates and Providers Compared

This guide to the British Pound Sterling to Indonesian Rupiah exchange rate with 90-day chart & alerts, historic rates, forecasts and GBP to IDR comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. Calculate amounts and rate margins with the GBP/IDR 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 GBP/IDR International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
Foreign Transfer ProvidersReceive IDR(Rp)Exchange RateFee GBPTotal CostDeal Links
OFX logo
Rp86,915,250
Best Overall
17383.05£0^3.49%
TorFX logo
Rp86,828,300
Rp86,950 less
17365.6603.59%
Banks - Average Rate International Money Transfers
Rp83,573,625
Rp3,341,625 less
16765.02157.2%
 

OFX logo

OFX: Foreign Transfer GBP→IDR
From Amount (GBP)£5,000
Fee:£0^ - No fees for BestExchangeRates users (normally 7GBP for smaller transfers)
Exchange Rate:17383.05 (3.49% from mid-rate)
To Amount (IDR) Rp86,915,250
Total Cost:3.49%
Time:
Rate Fetched: Wed Oct 16 2019 08:10:22 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

TorFX logo

TorFX: Foreign Transfer GBP→IDR
From Amount (GBP)£5,000
Fee:
Exchange Rate:17365.66 (3.59% from mid-rate)
To Amount (IDR) Rp86,828,300
Total Cost:3.59%
Difference:
Rp86,950 IDR less than using OFX
Time:8:21 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer GBP→IDR
From Amount (GBP)£5,000
Fee:15
Exchange Rate:16765.02 (6.92% from mid-rate)
To Amount (IDR) Rp83,573,625
Total Cost:7.2%
Difference:
Rp3,341,625 IDR less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
Snapshot 10/16/2019 - 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 GBPTotal CostDeal Links
Banks - Average Rate Foreign Currency
Rp16,777,391
Compare
16946.86£106.85%
Travelex Online UK logo
Rp15,492,600
Rp1,284,791 less
15492.6£0^13.99%
 

Banks - Average Rate

Travel Money GBP→IDR
From Amount (GBP)£1,000
Fee:£10 GBP (1%)
Exchange Rate:16946.86 (5.91% from mid-rate)
To Amount (IDR) Rp16,777,391
Total Cost:6.85%
Currency Services:Branch
Delivery/Collect:-
 

Travelex Online UK logo

Travelex Online UK: Travel Money GBP→IDR
From Amount (GBP)£1,000
Fee:£0 - No fees for Debit & Credit Cards
Exchange Rate:15492.6 (13.99% from mid-rate)
To Amount (IDR) Rp15,492,600
Total Cost:13.99%
Time:
Rate Fetched: Tue Aug 13 2019 09:00:05 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
Snapshot 10/16/2019 - See full table

GBP / IDR converter & margin calculator

£GBP
RpIDR
mid-rates

Compare how much you can save on GBP/IDR exchange rates for:

Foreign Transfers Travel Money

Foreign Transfers Travel Money

British Pound Sterling

Indonesian Rupiah

1 GBP 18,044.90 IDR
5 GBP 90,224.50 IDR
10 GBP 180,449.00 IDR
20 GBP 360,898.00 IDR
50 GBP 902,245.00 IDR
100 GBP 1,804,490.00 IDR
250 GBP 4,511,225.00 IDR
500 GBP 9,022,450.00 IDR
1,000 GBP 18,044,900.00 IDR
2,000 GBP 36,089,800.00 IDR
5,000 GBP 90,224,500.00 IDR
10,000 GBP 180,449,000.00 IDR
50,000 GBP 902,245,000.00 IDR
100,000 GBP 1,804,490,000.00 IDR
See more

British Pound Sterling

Indonesian Rupiah

0.0001 GBP 1 IDR
0.0003 GBP 5 IDR
0.0006 GBP 10 IDR
0.0011 GBP 20 IDR
0.0028 GBP 50 IDR
0.0055 GBP 100 IDR
0.0138 GBP 250 IDR
0.0275 GBP 500 IDR
0.0550 GBP 1,000 IDR
0.1100 GBP 2,000 IDR
0.2750 GBP 5,000 IDR
0.5500 GBP 10,000 IDR
2.7500 GBP 50,000 IDR
5.5000 GBP 100,000 IDR
See more
Country Guides (GBP & IDR)
United KingdomUnited Kingdom (GBP)GuernseyGuernsey (GBP)IndonesiaIndonesia (IDR)
Isle of ManIsle of Man (GBP)JerseyJersey (GBP)South Georgia And South Sandwich IslandsSouth Georgia And South Sandwich Islands (GBP)

GBP/IDR - Historical Trends

This table shows historic rates and trends of British Pound Sterling to Indonesian Rupiah over periods upto 10 years.

PeriodChange*GBP/IDRDate
1 Day+1.5%17836.829614 Oct 2019
7 Day+4.5%17321.612008 Oct 2019
30 Day+3.9%17430.333015 Sep 2019
3 Month+4.2%17371.843817 Jul 2019
1 Year-9.5%20008.170415 Oct 2018
5 Year-8%19684.799516 Oct 2014
10 Year+17.7%15377.027917 Oct 2009

*For period to 15-Oct 21UTC when GBP/IDR was 18105.0776

You can use our GBP interactive charts to check GBPIDR historic trends.

Get a Better FX Deal when you Send and Spend Abroad.

 

GBP and IDR in the Markets

When determining the best time to make a foreign exchange transaction, in this case the GBP vs IDR, you should pay attention to the recent market trends for both currencies.

British Pound Sterling (GBP)

On October 11 the pound had a large one-day rise against the Euro with signs that the EU and UK could still get a Brexit deal ahead of the October 31 deadline. Pound valuations will continue to fluctuate based on Brexit No-deal, Deal and Remain probabilities. No-deal prospects may increase if, as is widely expected, ardent Brexiteer Boris Johnson becomes the UK’s next prime minister. However, some banks argue that Johnson’s appointment would make little difference to no-deal or remain probabilities.

The pound is unlikely to receive much in the way of meaningful respite until November, analysts say, when hopefully the UK-EU Brexit arrangement, or lack thereof, is known (Boris Johnson insists that the UK will not seek any further Article 50 extensions beyond the October-31 deadline).

The pound would be doing far worse if it weren't receiving some support from the Bank of England which, surprisingly, is the only major central bank still considering higher interest rates in 2019.

By some margin, the pound was the worst-performing major currency in the second quarter. It slipped in late June to multi-month lows against a number of important currencies, including the Australian dollar, New Zealand dollar, euro, Canadian dollar and Swiss franc.

Read more in the article GBP 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 GBP/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 GBP / 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 GBP Exchange Rates