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IDR/THB - Live Converters & Chart

Indonesian Rupiah to Thai Baht - 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 THB interbank exchange rate = 0.0022

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

 

IDR / THB converter & margin calculator

RpIDR
฿THB
Mid-rates:
 
 

Foreign Transfers Travel Money

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

Foreign Transfers

Indonesian Rupiah

Thai Baht

1 IDR 0.0022 THB
5 IDR 0.0110 THB
10 IDR 0.0220 THB
20 IDR 0.0440 THB
50 IDR 0.1100 THB
100 IDR 0.2200 THB
250 IDR 0.5500 THB
500 IDR 1.1000 THB
1,000 IDR 2.2000 THB
2,000 IDR 4.4000 THB
5,000 IDR 11.00 THB
10,000 IDR 22.00 THB
50,000 IDR 110.00 THB
100,000 IDR 220.00 THB
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Indonesian Rupiah

Thai Baht

454.52 IDR 1 THB
2,272.61 IDR 5 THB
4,545.22 IDR 10 THB
9,090.44 IDR 20 THB
22,726.10 IDR 50 THB
45,452.20 IDR 100 THB
113,630.50 IDR 250 THB
227,261.00 IDR 500 THB
454,522.00 IDR 1,000 THB
909,044.00 IDR 2,000 THB
2,272,610.00 IDR 5,000 THB
4,545,220.00 IDR 10,000 THB
22,726,100.00 IDR 50,000 THB
45,452,200.00 IDR 100,000 THB
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IDR/THB - Historical Trends

This table shows historic rates and trends of Indonesian Rupiah to Thai Baht over periods upto 10 years.

PeriodIDR/THBDate
1 Day0.00220418 May 2019
1 Week0.00220712 May 2019
1 Month0.00226519 Apr 2019
6 Months0.00225820 Nov 2018
1 Year0.00227619 May 2018
5 Years0.00284020 May 2014
10 Years0.00332021 May 2009

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

Outlook and forecasts for IDR and THB

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 THB, you should pay attention to the forecasts and trends for both Indonesian Rupiah and Thai Baht:

 

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.

 

Thai Baht (THB) outlook

Recent years have been extremely kind to the baht, although not so kind to Thailand’s exporters. At various points in 2019, against the Australian dollar, New Zealand dollar, Canadian dollar and British pound, the baht has traded at its highest level in a decade or longer.

The baht’s year-to-date gain of 1.7 percent against the US dollar (to March-28) puts the baht among the year’s best performing currencies.

In March, per a Reuters currency positioning poll, FX traders were increasing their bets on Thai baht appreciation.

The chairman of the Federation of Thai Capital Market Organisations predicted earlier this year that the baht would continue to appreciate over the medium to long term as capital flows return to Thailand in the face of a more gradual rise in US interest rates and as the US economy slows down.

Why can't I just get the IDR/THB market rate I see online or in the media?

The IDR/THB 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 / THB 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.

 

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