IDR to NZD interbank exchange rate = 0.000106
This calculator converts amounts at the latest NZD/IDR mid-rate orto check the exchange rate you are being offered or already charged.
IDR / NZD converter & margin calculator
New Zealand Dollar
|1 IDR||0.0001 NZD|
|5 IDR||0.0005 NZD|
|10 IDR||0.0011 NZD|
|20 IDR||0.0021 NZD|
|50 IDR||0.0053 NZD|
|100 IDR||0.0106 NZD|
|250 IDR||0.0265 NZD|
|500 IDR||0.0530 NZD|
|1,000 IDR||0.1060 NZD|
|2,000 IDR||0.2120 NZD|
|5,000 IDR||0.5300 NZD|
|10,000 IDR||1.0600 NZD|
|50,000 IDR||5.3000 NZD|
|100,000 IDR||10.60 NZD|
New Zealand Dollar
|9,464.87 IDR||1 NZD|
|47,324.36 IDR||5 NZD|
|94,648.72 IDR||10 NZD|
|189,297.43 IDR||20 NZD|
|473,243.59 IDR||50 NZD|
|946,487.17 IDR||100 NZD|
|2,366,217.93 IDR||250 NZD|
|4,732,435.85 IDR||500 NZD|
|9,464,871.70 IDR||1,000 NZD|
|18,929,743.40 IDR||2,000 NZD|
|47,324,358.50 IDR||5,000 NZD|
|94,648,717.00 IDR||10,000 NZD|
|473,243,585.00 IDR||50,000 NZD|
|946,487,170.00 IDR||100,000 NZD|
|NZD Country Guides|
|New Zealand||Cook Islands||Niue|
IDR/NZD - Historical Trends
This table shows historic rates and trends of Indonesian Rupiah to New Zealand Dollar over periods upto 10 years.
|1 Day||0.000106||11 May 2019|
|1 Week||0.000106||05 May 2019|
|1 Month||0.000105||12 Apr 2019|
|6 Months||0.000100||13 Nov 2018|
|1 Year||0.000103||12 May 2018|
|5 Years||0.000100||13 May 2014|
|10 Years||0.000162||14 May 2009|
You can use our IDR interactive charts to check IDRNZD historic trends.
Outlook and forecasts for IDR and NZD
Whenever you are researching a particular exchange rate you are actually interested in two currencies as exchange rates are the ratio between two currencies.
So it follows that if you are determining the best time to transact, in this case the IDR vs NZD, you should pay attention to the forecasts and trends for both Indonesian Rupiah and New Zealand Dollar:
Indonesian Rupiah (IDR) outlook
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.
New Zealand Dollar (NZD) outlook
The New Zealand dollar fell against the US dollar to a 6-month low of $0.651 in mid-May after the Reserve Bank of New Zealand cut interest rates to 1.5 percent.
The kiwi was also struggling against CAD, JPY and EUR, among other currencies, and wasn’t being helped by a significant escalation in US-China trade tensions which saw speculative capital leave New Zealand for safer pastures.
NZD is also suffering due to its high correlation with the Australian dollar — a currency also likely to be pressured by an interest rate cut in the coming months.
Read the full article New Zealand Dollar Forecasts.
Why can't I just get the IDR/NZD market rate I see online or in the media?
The IDR/NZD mid-rate is the rate you will see quoted online or the news, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the IDR / NZD was traded (bought or sold) in the international markets.
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.
We help you Compare & Save Money on Exchange Rates.
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