Comparing GBP to IDR Exchange Rates
You should always check the total cost for any exchange rate you are provided by banks or FX specialists. These exchange rates almost always contain a margin from the wholesale GBP/IDR rate ( interbank mid-rate) plus any fixed or percentage fees.
These margins and fees can vary significantly for GBP to IDR International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the total cost will also vary depending on the total amount being exchanged.
Pound Sterling to Indonesian Rupiah - Quick Conversions
|
GBP |
IDR |
| £ 1 |
Rp 19,234 |
| £ 5 |
Rp 96,170 |
| £ 10 |
Rp 192,339 |
| £ 20 |
Rp 384,678 |
| £ 50 |
Rp 961,695 |
| £ 100 |
Rp 1,923,390 |
| £ 250 |
Rp 4,808,475 |
| £ 500 |
Rp 9,616,950 |
| £ 1,000 |
Rp 19,233,900 |
| £ 2,000 |
Rp 38,467,800 |
| £ 5,000 |
Rp 96,169,500 |
| £ 10,000 |
Rp 192,339,000 |
| £ 50,000 |
Rp 961,695,000 |
| £ 100,000 |
Rp 1,923,390,000 |
| More amounts |
Calculate other GBP/IDR amounts (from or to) at mid-market with our
GBP to IDR Calculator .
Pound Sterling and Indonesian Rupiah - Market News
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.
Pound Sterling (GBP)
The coronavirus pandemic had replaced Brexit in the headlines for most of this year, however Brexit is back in the spotlight as the end-of-year deadline for a trade deal with the Eurozone fast approaches.
Get more details in the article British Pound Forecasts.
Indonesian Rupiah (IDR)
IDR is up over 5% against the US dollar for 2020 (in August) and is gaining favour from bank commentators such as HSBC due to the attraction of the carry trade - the ability to earn higher interest when holding IDR versus other major currencies.
Migrant workers from Asia’s developing countries, such as Indonesia, have been sending home record amounts of money in recent months, defying pandemic expectations and propping up home economies at a critical time.
However, it appears workers are just sending money home in advance of their own return due to a bleak job market, particularly in the Middle East.
Country Guides - Indonesian Rupiah
How to get Good GBP to IDR Exchange Rates
There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.
Reduce Excessive costs and fees
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).
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.
What is a good GBP to IDR exchange rate?
This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Pound Sterling vs Indonesian Rupiah current value is to look the GBP/IDR historic rate and change over a range of periods.
The following table looks at the change in the GBP to IDR exchange rate over periods from the previous week back to the last 10 years.
| GBP/IDR | Change | Period |
|---|
| 19175.32 08 Jan 2021 | 0.3% ▲ | 1 Week |
| 19019.68 16 Dec 2020 | 1.1% ▲ | 30 Days |
| 19068.16 17 Oct 2020 | 0.9% ▲ | 90 Days |
| 17815.23 16 Jan 2020 | 8% ▲ | 1 Year |
| 19897.49 17 Jan 2016 | 3.3% ▼ | 5 Years |
| 14452.46 18 Jan 2011 | 33.1% ▲ | 10 Years |
GBP/IDR 10 year historic rates & change to 15-Jan-2021 : 19233.86
Will the Pound Sterling rise against the Indonesian Rupiah?
It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.
To help with this you can add GBP/IDR to your BestExchangeRates My Rates Watchlist to track and benefit from currency movements.
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View My Alerts
Rather than requiring you to set a target rate, our FX Alerts work differently.
Once you add a currency pair to your watchlist we then start automatically checking the exchange rate for any HIGH or LOW event or significant UP or DOWN moves over a range of daily periods only as far back as 90 days.