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IDR/NZD - Live Converters & Chart

Indonesian Rupiah to New Zealand Dollar - Convert Compare Save

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

IDR to NZD interbank exchange rate = 0.000106

This calculator converts amounts at the latest NZD/IDR mid-rate or enter a rate to check the exchange rate you are being offered or already charged.

 

IDR / NZD converter & margin calculator

RpIDR
$NZD
Mid-rates:
 
 

Foreign Transfers Travel Money

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

Foreign Transfers

Indonesian Rupiah

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
See more

Indonesian Rupiah

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
See more
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IDR/NZD - Historical Trends

This table shows historic rates and trends of Indonesian Rupiah to New Zealand Dollar over periods upto 10 years.

PeriodIDR/NZDDate
1 Day0.00010611 May 2019
1 Week0.00010605 May 2019
1 Month0.00010512 Apr 2019
6 Months0.00010013 Nov 2018
1 Year0.00010312 May 2018
5 Years0.00010013 May 2014
10 Years0.00016214 May 2009

You can use our IDR interactive charts to check IDRNZD historic trends.

IDR/NZD - 1 Year Trend

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.

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 IDR Exchange Rates