ING Bank AUD to IDR Transfers Compared

   

AUD/IDR faces volatility, currently at 11,100, 1.8% above 3-month avg. Analysts note fluctuations due to mixed economic signals from Australia, with potential RBA rate hikes amid surging household spending. Keep an eye on IDR stability as global pressures persist

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What is the ING Bank Send Money conversion rate for AUD to IDR?

The ING Bank AUD to IDR exchange rate is 10077.21. This is -9.2% compared to the latest AUD-IDR mid-market rate 11,101.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Australian dollar (AUD) to Indonesian rupiah (IDR) rates from different sources before making a conversion.

The above ING Bank - Aussie to Rupiah comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by ING Bank and other foreign exchange providers against the latest AUD-IDR mid-rate and the possible savings of using various providers. 

How do ING Bank AUD-IDR rates compare between providers?

Looking at the full AUD to IDR - Send Money comparison table the provider with the best AUD to IDR exchange rate is XE at 11033.98, -0.6% from the latest mid-market rate 11,101.

The next best is Wise at 11033.09, -0.61% from the mid-rate.

Then Western Union at 10989.58, which is -1% from the mid-rate.

Among the banks the Commonwealth Bank rate is 10442.65 at -5.9% and the ING Bank rate is 10077.21 at -9.2% compared to the mid-rate 11,101.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like ING Bank 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.