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THB/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 transactions as shown below.

 

THB/IDR Exchange Rates and Providers Compared

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THB/IDR - 90 Day Rate Alerts

1 THB = 461.6543 IDR

NO ALERTS for THB/IDR
THB/IDR over the last 90 days

View THB/IDR - Interactive Chart

Exchange rates can 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:10,000 THB
Fee:
Transfer Speed:1 day
Services:Bank Transfers & Cash Pickup - Online only
Rating:
 
: 4.5/5.0
Reviews:
 
Snapshot 09/23/2019 - See full table

THB / IDR converter & margin calculator

฿THB
RpIDR
mid-rates

When sending Thai Baht to Indonesian Rupiah we recommend:

WorldRemit WorldRemit

Foreign Transfers Travel Money

Thai Baht

Indonesian Rupiah

1 THB 461.65 IDR
5 THB 2,308.27 IDR
10 THB 4,616.54 IDR
20 THB 9,233.09 IDR
50 THB 23,082.72 IDR
100 THB 46,165.43 IDR
250 THB 115,413.58 IDR
500 THB 230,827.15 IDR
1,000 THB 461,654.30 IDR
2,000 THB 923,308.60 IDR
5,000 THB 2,308,271.50 IDR
10,000 THB 4,616,543.00 IDR
50,000 THB 23,082,715.00 IDR
100,000 THB 46,165,430.00 IDR
See more

Thai Baht

Indonesian Rupiah

0.0022 THB 1 IDR
0.0108 THB 5 IDR
0.0217 THB 10 IDR
0.0433 THB 20 IDR
0.1083 THB 50 IDR
0.2166 THB 100 IDR
0.5415 THB 250 IDR
1.0830 THB 500 IDR
2.1660 THB 1,000 IDR
4.3320 THB 2,000 IDR
10.83 THB 5,000 IDR
21.66 THB 10,000 IDR
108.30 THB 50,000 IDR
216.60 THB 100,000 IDR
See more
Country Guides (THB & IDR)
IndonesiaIndonesia (IDR)ThailandThailand (THB)

THB/IDR - Historical Trends

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

PeriodTHB/IDRDate
1 Day459.912416 Sep 2019
7 Day458.623410 Sep 2019
30 Day460.004318 Aug 2019
3 Month458.257119 Jun 2019
1 Year441.493317 Sep 2018
5 Year371.905918 Sep 2014
10 Year287.897819 Sep 2009

You can use our THB interactive charts to check THBIDR historic trends.

Get a Better FX Deal when you Send and Spend Abroad.

 

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. Approaching mid-year, 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.

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

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the THB / IDR was traded (bought or sold) in the international markets.

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). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

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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