IDR to THB interbank exchange rate = 0.0022
This calculator converts amounts at the latest THB/IDR mid-rate orto check the exchange rate you are being offered or already charged.
IDR / THB converter & margin calculator
|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|
|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|
|THB Country Guides|
IDR/THB - Historical Trends
This table shows historic rates and trends of Indonesian Rupiah to Thai Baht over periods upto 10 years.
|1 Day||0.002204||18 May 2019|
|1 Week||0.002207||12 May 2019|
|1 Month||0.002265||19 Apr 2019|
|6 Months||0.002258||20 Nov 2018|
|1 Year||0.002276||19 May 2018|
|5 Years||0.002840||20 May 2014|
|10 Years||0.003320||21 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.
We help you Compare & Save Money on Exchange Rates.
View all IDR Exchange Rates