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Best GBP to IDR Exchange Rates Compared Live

The best GBP to IDR exchange rate is 20060.9. Compare foreign transfer and currency exchange rates, find better rates & deals.

GBP-IDR Best Exchange Rate Calculator
 

Comparing GBP-IDR exchange rates

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Pound Sterling (GBP) to Indonesian rupiah (IDR) rates from different sources before making a conversion.

The above Sterling to Rupiah comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged vs the latest GBP-IDR mid-rate (see below) and the possible savings of using another provider.

 
@bestfxrates : 📉 GBP/IDR Update: The pound faces headwinds as BoE Gov Bailey hints at rate cuts. Analysts expect further decline if June cut is priced in. FX market sees GBP struggle against IDR; now at 19980, slightly above 3-mo avg. Economists cite UK political uncertainty & potential BoE actions. #Forex #GBPIDR

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Save time and money - fewer websites to visit and you get a much better exchange rate & service.

 
 

GBP to IDR Market Data

Pound Sterling (GBP) to Indonesian rupiah (IDR) market data - latest interbank exchange rate, trend, chart & historic rates.

 
1 GBP =
20060.9We compare provider deals to this wholesale mid-market rate. Read more
IDR
+0.5%
GBP to IDR at 20079 is 1.2% above its 3-month average of 19848, having traded in a very stable 2.9% range from 19545 to 20110
|
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DateGBP/IDRChangePeriod
13 Mar 2024
19945.67
0.6% 2 Week
28 Dec 2023
19688.55
2% 3 Month
28 Mar 2023
18574.71
8.1% 1 Year
29 Mar 2019
18545.57
8.2% 5 Year
30 Mar 2014
18933.85
6% 10 Year
01 Apr 2004
15789.59
27.1% 20 Year
GBP/IDR historic rates & change to 27-Mar-2024
 

What are equivalent amounts of GBP and IDR?

Here are some popular conversion amounts for GBP to IDR (Pound Sterling to Indonesian rupiah)*.

GBP IDR
£ 1 Rp 20,061
£ 5 Rp 100,305
£ 10 Rp 200,609
£ 20 Rp 401,218
£ 50 Rp 1,003,045
£ 100 Rp 2,006,090
£ 250 Rp 5,015,225
£ 500 Rp 10,030,450
£ 1,000 Rp 20,060,900
£ 2,000 Rp 40,121,800
£ 5,000 Rp 100,304,500
£ 10,000 Rp 200,609,000
£ 20,000 Rp 401,218,000
£ 50,000 Rp 1,003,045,000
£ 100,000 Rp 2,006,090,000
GBP IDR
£ 0.0001 Rp 1
£ 0.0003 Rp 5
£ 0.0005 Rp 10
£ 0.0010 Rp 20
£ 0.0025 Rp 50
£ 0.0050 Rp 100
£ 0.0125 Rp 250
£ 0.0250 Rp 500
£ 0.0500 Rp 1,000
£ 0.1000 Rp 2,000
£ 0.2500 Rp 5,000
£ 0.5000 Rp 10,000
£ 1.0000 Rp 20,000
£ 2.5000 Rp 50,000
£ 5.0000 Rp 100,000

More amounts

*Converted at the current GBPIDR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

Forecasts for GBP to IDR

 

Recent forecasts for the GBP to IDR exchange rate suggest a bearish outlook for the British Pound (GBP) against the Indonesian Rupiah (IDR). The GBP has come under pressure following dovish comments from Bank of England (BoE) Governor Andrew Bailey hinting at potential future interest rate cuts. Analysts anticipate the British currency to face further selling pressure should market participants start pricing in a June rate cut from the BoE. Projections from HSBC and RBC indicate expectations for the pound to depreciate towards $US1.20 and $US1.15 respectively in the second half of the year, reflecting a downward trend.

Read our full review of recent GBP to IDR forecasts.

 

How to get a good GBP to IDR exchange rate

There are several ways to save on exchange rates when converting Pound Sterling to Indonesian rupiah:

  1. Shop around for the best GBP/IDR exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
  2. Timing is important: Keep an eye on the GBP/IDR rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
  3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
  4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both GBP and IDR at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
  5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

The key is reducing excessive costs and fees

Generally speaking, if you are buying Indonesian rupiah with Pound Sterling, then it's better for the GBP/IDR exchange rate to be higher.

However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.

It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

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 personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending


 

Read our Currency guide to Indonesia - a practical currency and money guide to travel, living and doing business in Indonesia with the Indonesian rupiah.

 
 
 

Currency Country Guides

United KingdomUnited Kingdom (GBP)IndonesiaIndonesia (IDR)
 

How is the cost of living in Indonesia?

The cost of living in Indonesia is relatively affordable. Expenses such as food, transportation, and housing are relatively cheap when compared to other countries in Southeast Asia.

How is the expat life in Indonesia?

The expat life in Indonesia is quite good. Many people who come here find that the country has a lot to offer in terms of culture and lifestyle. The cost of living is also relatively low, which makes it an attractive destination for many people. There are a number of different neighborhoods and areas to choose from when living in Indonesia, so there is something to suit everyone's taste.

Read more at our Indonesia (IDR) country guide

   
 
 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more

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