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SGD to IDR - Rate Guide

Singapore Dollar to Indonesian Rupiah exchange rates aren't all the same.

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

 

1 SGD = 9994.2 IDR

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SGD to IDR - Trading Range (90 Day)
1-DAY ▲ 0.6% (1d)90-DAY LOW (5d)
SGD/IDR at 9909.96 was trading 2.5% below the 90-day average 10167.9 with a range 9786.47 to 10361.57. There are no current rate alerts.
25-FEB 5PM-NY 10PM-LON | 26-Feb 9AM-SYD

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Quick Conversions from Singapore Dollar to Indonesian Rupiah

SGD

IDR

S$ 1
Rp 9,994
S$ 5
Rp 49,971
S$ 10
Rp 99,942
S$ 20
Rp 199,884
S$ 50
Rp 499,710
S$ 100
Rp 999,420
S$ 250
Rp 2,498,550
S$ 500
Rp 4,997,100
S$ 1,000
Rp 9,994,200
S$ 2,000
Rp 19,988,400
S$ 5,000
Rp 49,971,000
S$ 10,000
Rp 99,942,000
S$ 50,000
Rp 499,710,000
S$ 100,000
Rp 999,420,000
More amounts

SGD

IDR

S$ 0.0001
Rp 1
S$ 0.0005
Rp 5
S$ 0.0010
Rp 10
S$ 0.0020
Rp 20
S$ 0.0050
Rp 50
S$ 0.0100
Rp 100
S$ 0.0250
Rp 250
S$ 0.0500
Rp 500
S$ 0.1000
Rp 1,000
S$ 0.2000
Rp 2,000
S$ 0.5000
Rp 5,000
S$ 1.0000
Rp 10,000
S$ 5.0000
Rp 50,000
S$ 10.00
Rp 100,000
More amounts

To calculate specific SGD/IDR amounts use our Convert SGD to IDR quick calculator.


Comparing Foreign Exchange Providers

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, Travel Money and prepaid multi-currency Travel Card transactions.

The Exchange rate you are offered can also vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for SGD/IDR International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

SGD to IDR International Money Transfers

  

Foreign Transfer ProvidersReceive IDR(Rp)Exchange RateFee SGDTotal CostDeal Links
TransferWise logo
99,003,295 Rp9951.08S$510.61%
OFX logo
95,458,200 Rp9545.820 for BER users (normally $15)4.17%
DBS Bank logo
94,379,810 Rp9455185.25%
Banks - Average Rate
DBS Bank logo
94,379,810 Rp9455185.25%
WorldRemit logo
Your amount above the WorldRemit SGD2000 maximum
 
TransferWise logo
TransferWise: Foreign Transfer SGD→IDR
From Amount (SGD)S$10,000
Fee:S$51 SGD (0.5% + S$1)
Exchange Rate:9951.08 (0.1% from mid-rate)
To Amount (IDR)99,003,295 Rp
Total Cost:0.61%
Time:1:13 Local
Transfer Speed:0-2 days
Services:Bank Transfers - Online, Foreign Currency Accounts + Multi-currency debit card
Rating:
 
: 4.6/5.0
Reviews:
 
OFX logo
OFX: Foreign Transfer SGD→IDR
From Amount (SGD)S$10,000
Fee:0 for BER users (normally $15)
Exchange Rate:9545.82 (4.17% from mid-rate)
To Amount (IDR)95,458,200 Rp
Total Cost:4.17%
Difference:
Rp3,545,095 IDR less than using TransferWise
Time:
Rate Fetched: Wed Feb 26 2020 00:15:13 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
DBS Bank logo
DBS Bank: Foreign Transfer SGD→IDR
From Amount (SGD)S$10,000
Fee:18
Exchange Rate:9455 (5.08% from mid-rate)
To Amount (IDR)94,379,810 Rp
Total Cost:5.25%
Difference:
Rp4,623,485 IDR less than using TransferWise
Time:1:13 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer SGD→IDR
From Amount (SGD)S$10,000
Fee:18
Exchange Rate:9378.52 (5.85% from mid-rate)
To Amount (IDR)94,379,810 Rp
Total Cost:5.25%
Difference:
Rp4,623,485 IDR less than using TransferWise
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
WorldRemit logo
WorldRemit: Foreign Transfer SGD→IDR
From Amount (SGD)S$10,000
Fee:
Transfer Speed:1 day
Services:Bank Transfers & Cash Pickup - Online only
Rating:
 
: 4.5/5.0
Reviews:
 
Snapshot 02/26/2020 - View latest rates
 

Country Guides (SGD & IDR)

IndonesiaIndonesia (IDR)SingaporeSingapore (SGD)

SGD and IDR in the Markets

When determining the best time to make a foreign exchange transaction, in this case the SGD vs IDR, you should pay attention to the recent market trends for both currencies.

Singapore Dollar (SGD)

Singapore was added to a US watchlist of suspected currency manipulators in May. Though that means little right now in terms of economic implications, it created some negative sentiment that spurred a rise in USD/SGD to a 6-month high (SGD low) of S$1.384.

Overall, it’s been a mixed 2019 for the Singapore dollar, with small gains (<2 percent) against the euro and Australian dollar, but small losses against the US dollar and pound.

In May, SGD was pressured by data showing core inflation at a 1-year low, by an escalation in US-China trade tensions, and after Singapore’s Ministry of Trade and Industry downgraded 2019 growth forecasts. At 1.2 percent, quarterly growth in the Lion City has slowed to its lowest level in a decade.

All said, the Monetary Authority of Singapore will, at best, keep monetary policy unchanged when it next meets in October (there's a chance it could turn dovish).

Read more in the article SGD Forecasts.

 

Indonesian Rupiah (IDR)

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.


How to get Best SGD to IDR Exchange Rates

All foreign exchange providers charge a fee for providing their service and this fee 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.

What is a good SGD to IDR exchange rate?

This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.

The following table looks at the change in the SGD to IDR exchange rate to the present day for periods going back upto 10 years.

PeriodChange*SGD/IDRDate
1 Day-0.2%9928.155924 Feb 2020
7 Day+1%9812.956018 Feb 2020
30 Day-2.2%10127.446226 Jan 2020
3 Month-4%10318.990927 Nov 2019
1 Year-4.6%10390.213625 Feb 2019
5 Year+4.6%9473.060226 Feb 2015
10 Year+49.3%6635.436427 Feb 2010

*For period to 25-Feb 21UTC when SGD/IDR was 9908.0794

When is the best time to exchange SGD to IDR?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup myBER FX Alerts

We help you Save Money on Exchange Rates.

 

View all SGD Exchange Rates