The live mid-rate GBP to IDR exchange rate is 20,085. Compare currency conversion rates - Reduce FX costs.
The best GBP to IDR exchange rate is 19382.0211 from OFX . This is - compared to the mid-market rate 20,085.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare British pound (GBP) to Indonesian rupiah (IDR) rates from different sources before making a conversion.
Looking at our comparison table the best GBP to IDR exchange rate is 19382.0211 from OFX, - from the mid-market rate 20,085. The next best rate is 19.9 from WorldRemit, - from the mid-rate. WorldRemit with 19.9 is - from the mid-rate.
The Western Union rate is 19.7 which is - from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
The Sterling to Rupiah comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest GBP-IDR mid-rate (see Market Data below ) and the possible savings of using various providers.
British pound (GBP) to Indonesian rupiah (IDR) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | GBP/IDR | Change | Period |
|---|---|---|---|
07 Jan 2025 | 20240.21 | 0.8% ▼ | 2 Week |
23 Oct 2024 | 20239.34 | 0.8% ▼ | 3 Month |
22 Jan 2024 | 19901.62 | 0.9% ▲ | 1 Year |
23 Jan 2020 | 17860.68 | 12.4% ▲ | 5 Year |
24 Jan 2015 | 18694.41 | 7.4% ▲ | 10 Year |
26 Jan 2005 | 17173.46 | 16.9% ▲ | 20 Year |
Here are some popular conversion amounts for GBP to IDR (British pound to Indonesian rupiah)*.
*Converted at the current GBPIDR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The current GBP to IDR exchange rate reflects a complex interplay of economic indicators impacting the British pound's performance. Following disappointing GDP data from the UK, which showed a meager growth of 0.1% in November against the anticipated 0.2%, the pound has experienced some softening. As noted by market analysts, this economic sluggishness could introduce further volatility to the GBP, particularly ahead of the upcoming retail sales figures expected to be released soon. If these figures indicate stronger sales growth, there may be a chance for the GBP to rebound, potentially affecting its standing against the Indonesian rupiah.
Read our full review of recent GBP to IDR forecasts.
There are several ways to save on exchange rates when converting British pound to Indonesian rupiah:
Generally speaking, if you are buying Indonesian rupiah with British pound, then it's better for the GBP/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, living and doing business in Indonesia 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.
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 GBP/IDR to your personalised Rate Tracker to track and benefit from currency movements.
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
| United Kingdom (GBP) | Indonesia (IDR) |
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.
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
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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