#EURIDR trading at 19,169, up 7.3% from 3M avg. Analysts cautious ahead of Eurozone GDP/inflation data that could impact ECB policy. IDR under pressure w/ recent historic lows vs USD amid US tariffs & trade tensions
@bestfxrates
OFX at a glance:
OFX has a 20-year history and is one of the largest foreign exchange specialists in the world. It offers a complete foreign exchange solution, including discounted money transfers, currency hedging tools, recurring transfers, a multi-currency account for online sellers and much more.
OFX grew from the idea that there had to be a better, fairer way to move money around the world. That was over 20 years ago, and since then over 1 million customers have trusted OFX with transfers in 50+ currencies to over 170 countries.
OFX don’t just offer great rates, they believe real help from real people counts. That’s why their clients get the best of both worlds – a seamless digital platform, combined with 24/7 phone access to currency experts.
When it comes to moving money, peace of mind is important. OFX is monitored by over 50 regulators globally and work within a network of carefully selected banking partners. So whether you are sending money to friends and family abroad, or doing business across borders, OFX can get your money where it needs to go. Fast, simple, secure.
Learn more about OFX
Using OFX for money transfers offers the benefit of lower fees and competitive exchange rates compared to traditional banks, making international transactions more cost-effective.
Additionally, OFX provides 24/7 customer support, a range of transfer options including spot and forward contracts, and a user-friendly online platform, enhancing convenience and flexibility for global financial transactions.
What Savings Can I Expect with OFX?
OFX offers exchange rates that beat the banks, and are close or equal to the rates offered by the industry’s lowest-cost services.
When you register via our OFX 0.5% exclusive offer for BER users the cost of sending, for example, 5,000 US dollars to Australia equates to 0.5 percent of the transferred amount, or roughly US$25. You’d pay the same 0.5 percent for the same amount to be sent to Europe and around 1 percent if sending to India. This compares with 4–7 percent with the banks.
For other currency routes we looked at (routes involving AUD, INR, GBP, EUR, SGD and USD), the average cost of an international payment with OFX was 0.6 percent of the transferred amount. This is exceptional if compared with banks but can be a little more expensive than what is charged by the industry’s lowest-cost services, although such services do not offer the same benefits and customer service as OFX.
EUR to IDR Market Data
Euro (EUR) to Indonesian rupiah (IDR) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell EUR →
Buy IDR
EUR to IDR at 19169 is 7.3% above its 3-month average of 17869, having traded in a very volatile 15.8% range from 16731 to 19370
|Tracker
| Date | EUR/IDR | Change | Period |
|---|---|---|---|
15 Apr 2025 | 19000.71 | 0.6% ▲ | 2 Week |
29 Jan 2025 | 16934.93 | 12.9% ▲ | 3 Month |
29 Apr 2024 | 17401.53 | 9.9% ▲ | 1 Year |
30 Apr 2020 | 16581.59 | 15.3% ▲ | 5 Year |
02 May 2015 | 14534.07 | 31.6% ▲ | 10 Year |
04 May 2005 | 12172.86 | 57.1% ▲ | 20 Year |
What are equivalent amounts of EUR and IDR?
Here are some popular conversion amounts for EUR to IDR (Euro to Indonesian rupiah)*.
*Converted at the current EURIDR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
Forecasts for EUR to IDR
Recent forecasts for the EUR to IDR exchange rate reflect a market grappling with several influential factors. Analysts note that the euro (EUR) has been relatively muted, exhibiting fluctuations against stronger currencies as market participants await significant economic data from the Eurozone. The upcoming Eurozone GDP and inflation releases could notably impact expectations regarding the European Central Bank's (ECB) policy decisions, contributing to traders' cautious approach toward the euro.
Read our full review of recent EUR to IDR forecasts.
How to get a good EUR to IDR exchange rate
There are several ways to save on exchange rates when converting Euro to Indonesian rupiah:
- Shop around for the best EUR/IDR exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
- Timing is important: Keep an eye on the EUR/IDR rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
- Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
- Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both EUR and IDR at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
- Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.
The key is reducing excessive costs and fees
Generally speaking, if you are buying Indonesian rupiah with Euro, then it's better for the EUR/IDR exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.
Read our Currency guide to Indonesia — a practical currency and money guide to travel in Indonesia plus living and doing business with the Indonesian rupiah.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
Will the Euro rise against the Indonesian rupiah?
It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.
To help with this you can add EUR/IDR to your personalised Rate Tracker to track and benefit from currency movements.
Track Rate
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
Currency Country Guides
| Eurozone (EUR) | Indonesia (IDR) |
How is the cost of living in Indonesia?
The cost of living in Indonesia is relatively affordable. Expenses such as food, transportation, and housing are relatively cheap when compared to other countries in Southeast Asia.
How is the expat life in Indonesia?
The expat life in Indonesia is quite good. Many people who come here find that the country has a lot to offer in terms of culture and lifestyle. The cost of living is also relatively low, which makes it an attractive destination for many people. There are a number of different neighborhoods and areas to choose from when living in Indonesia, so there is something to suit everyone's taste.
Read more at our Indonesia (IDR) country guide
Related exchange rates
BER articles that mention Ofx:
OFX vs Wise: Which Money Transfer Service Is Best For You in 2025
Looking to transfer money internationally? We compare OFX and Wise side by side, covering costs, exchange rates, speed, and features to help you choose the best service for your needs in 2025. Which one is right for you depends largely on how much you’re sending, how often you transfer, and whether you value real-time convenience or personal account management.
Why Online Sellers Should Use an FX Specialist
If you’re selling online internationally, using an FX specialist can save you thousands. Better exchange rates, lower fees, and protection against currency swings can make a huge difference to your bottom line. Find out why smart online sellers are choosing FX specialists to manage their global payments — and how it could help you scale faster.
Further reading on Ofx - Guides, Reviews & News from our research team.
Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more
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