ING Bank AUD to IDR Transfers Compared

   

AUD has gained strength, trading at 10,926 IDR, up 2.5% from a 3-month avg of 10,659 IDR. Analysts suggest ongoing political instability in Indonesia could enhance AUD’s position. With market sentiment shifting favorably, the time may be ripe for AUD-focused transactions

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

The best AUD to IDR exchange rate is 10899.32 from XE.

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 10899.32.

The next best is Wise at 10893.84.

Then Currencies Direct at 10877.39, .

The Western Union rate is 10855.46.

Among the banks the Commonwealth Bank rate is 10286.19 the ANZ Bank rate is N/A and the ING Bank rate is -198.4571 compared to the mid-rate 10,965.

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.