What is the
best Send Money conversion rate for USD to IDR?
The best USD to IDR exchange rate is 16512.23 from XE.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
US dollar (USD) to Indonesian rupiah (IDR) rates from different sources before making a conversion.
The above
HSBC - Dollar to Rupiah comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
HSBC and other foreign exchange providers against the latest USD-IDR mid-rate and the possible savings of using various providers.
How do HSBC USD-IDR rates compare between providers?
Looking at the full
USD to IDR - Send Money comparison table the provider with the best USD to IDR exchange rate is XE at 16512.23.
The next best is Wise at 16503.92.
Then Western Union at 16346.11, .
Among the banks the Chase Bank rate is 15043.43 compared to the mid-rate 16,612.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like HSBC 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.
Compare USD to IDR Transfer Rates