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Best SGD to IDR Exchange Rates Compared Live

The best SGD to IDR exchange rate is 11715.9. Compare foreign transfer and currency exchange rates, find better rates & deals.

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Comparing SGD-IDR exchange rates

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

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

 
@bestfxrates : FX analysts: The SGD is set for stable trade vs IDR after a rocky January. MAS holds firm on policy, aiding recovery from 3-month lows. IDR keeps flirting with the 15,000 mark amid high remittances. Watch Fed & local inflation for SGDIDR impact in the upcoming period. #SGDIDR #ForexUpdate

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SGD to IDR Market Data

Singapore dollar (SGD) to Indonesian rupiah (IDR) market data - latest interbank exchange rate, trend, chart & historic rates.

 
1 SGD =
11715.9We compare provider deals to this wholesale mid-market rate. Read more
IDR
+0.4%
📈1M
SGD to IDR is at 30-day highs near 11752, just 0.7% above its 3-month average of 11673, having traded in a very stable 2.3% range from 11547 to 11808
|
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DateSGD/IDRChangePeriod
04 Mar 2024
11741.24
0.1% â–²2 Week
19 Dec 2023
11635.47
1% â–²3 Month
19 Mar 2023
11462.74
2.5% â–²1 Year
20 Mar 2019
10511.88
11.8% â–²5 Year
21 Mar 2014
8980.61
30.8% â–²10 Year
23 Mar 2004
5045.82
132.9% â–²20 Year
SGD/IDR historic rates & change to 18-Mar-2024
 

What are equivalent amounts of SGD and IDR?

Here are some popular conversion amounts for SGD to IDR (Singapore dollar to Indonesian rupiah)*.

SGD IDR
S$ 1 Rp 11,716
S$ 5 Rp 58,580
S$ 10 Rp 117,159
S$ 20 Rp 234,318
S$ 50 Rp 585,795
S$ 100 Rp 1,171,590
S$ 250 Rp 2,928,975
S$ 500 Rp 5,857,950
S$ 1,000 Rp 11,715,900
S$ 2,000 Rp 23,431,800
S$ 5,000 Rp 58,579,500
S$ 10,000 Rp 117,159,000
S$ 20,000 Rp 234,318,000
S$ 50,000 Rp 585,795,000
S$ 100,000 Rp 1,171,590,000
SGD IDR
S$ 0.0001 Rp 1
S$ 0.0004 Rp 5
S$ 0.0009 Rp 10
S$ 0.0017 Rp 20
S$ 0.0043 Rp 50
S$ 0.0085 Rp 100
S$ 0.0213 Rp 250
S$ 0.0425 Rp 500
S$ 0.0850 Rp 1,000
S$ 0.1700 Rp 2,000
S$ 0.4250 Rp 5,000
S$ 0.8500 Rp 10,000
S$ 1.7000 Rp 20,000
S$ 4.2500 Rp 50,000
S$ 8.5000 Rp 100,000

More amounts

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

 
 

Forecasts for SGD to IDR

 

Based on recent exchange rate analyst forecasts and currency market updates, the Singapore dollar (SGD) is expected to maintain a relatively stable performance against the Indonesian rupiah (IDR) in the near term. The SGD experienced a disappointing January but is poised for a more stable February, supported by the Monetary Authority of Singapore's decision to keep its monetary policy unchanged. Despite hitting a 3-month low in mid-January, the SGD is likely to continue trading within existing ranges with no major global shocks expected in February.

Read our full review of recent SGD to IDR forecasts.

 

How to get a good SGD to IDR exchange rate

There are several ways to save on exchange rates when converting Singapore dollar to Indonesian rupiah:

  1. Shop around for the best SGD/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 SGD/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 SGD 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 Singapore dollar, then it's better for the SGD/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 Singapore dollar 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 SGD/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).

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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

IndonesiaIndonesia (IDR)SingaporeSingapore (SGD)
 

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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