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THB to IDR - Rate Guide

Thai Baht 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 THB = 438.08 IDR

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THB to IDR - Trading Range (90 Day)
ALERT: 1-DAY ▼ 0.6% 🔔 |
THB/IDR at 436.54 was trading 3.9% below the 90-day average 454.27 with a range 436.05 to 471.03. ALERT: THB/IDR is DOWN 0.6% for 1-DAY.
25-FEB 5PM-NY 10PM-LON | 26-Feb 9AM-SYD

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Quick Conversions from Thai Baht to Indonesian Rupiah

THB

IDR

฿ 1
Rp 438.08
฿ 5
Rp 2,190
฿ 10
Rp 4,381
฿ 20
Rp 8,762
฿ 50
Rp 21,904
฿ 100
Rp 43,808
฿ 250
Rp 109,520
฿ 500
Rp 219,040
฿ 1,000
Rp 438,080
฿ 2,000
Rp 876,160
฿ 5,000
Rp 2,190,400
฿ 10,000
Rp 4,380,800
฿ 50,000
Rp 21,904,000
฿ 100,000
Rp 43,808,000
More amounts

THB

IDR

฿ 0.0023
Rp 1
฿ 0.0114
Rp 5
฿ 0.0228
Rp 10
฿ 0.0457
Rp 20
฿ 0.1142
Rp 50
฿ 0.2283
Rp 100
฿ 0.5708
Rp 250
฿ 1.1415
Rp 500
฿ 2.2830
Rp 1,000
฿ 4.5660
Rp 2,000
฿ 11.42
Rp 5,000
฿ 22.83
Rp 10,000
฿ 114.15
Rp 50,000
฿ 228.30
Rp 100,000
More amounts

To calculate specific THB/IDR amounts use our Convert THB 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 THB/IDR International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

THB to IDR International Money Transfers

  

Foreign Transfer ProvidersReceive IDR(Rp)Exchange RateFee THBTotal CostDeal Links
WorldRemit logo
Your amount above the WorldRemit THB2000 maximum
 
WorldRemit logo
WorldRemit: Foreign Transfer THB→IDR
From Amount (THB)฿10,000
Fee:
Transfer Speed:1 day
Services:Bank Transfers & Cash Pickup - Online only
Rating:
 
: 4.5/5.0
Reviews:
 
Snapshot 02/25/2020 - View latest rates
 

Country Guides (THB & IDR)

IndonesiaIndonesia (IDR)ThailandThailand (THB)

THB and IDR in the Markets

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

Thai Baht (THB)

Recent years have been extremely kind to the baht and 2019 has been no exception. The Thai baht has been the best performing currency in Asia for 2019, the baht rose to a 6-year high against the US dollar (฿30.66) and to a 10-year high against the Australian dollar (฿21.35), as well as to long-term highs against a host of other major currencies.

The baht is being supported by Thailand’s large current-account surplus and has benefited from speculation that Thai stocks will soon be assigned a larger weighting in the MSCI Emerging Markets index, which would result in significant amounts of foreign capital entering Thailand.

The team at TradingEconomics.com is expecting slight baht weakness over the coming year, with June-2020 forecasts for USD/THB and AUD/THB of 32 and 22 respectively.

 

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 THB 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 THB 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 THB to IDR exchange rate to the present day for periods going back upto 10 years.

PeriodTHB/IDRDate
1 Day438.900324 Feb 2020
7 Day437.964018 Feb 2020
30 Day447.607926 Jan 2020
3 Month466.126827 Nov 2019
1 Year448.275625 Feb 2019
5 Year396.593326 Feb 2015
10 Year282.161627 Feb 2010

When is the best time to exchange THB 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.

 

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