The AUD/IDR exchange rate stands at 10,912, up 1.3% from its 3-month average. Analysts highlight that a recovery in commodity prices and steady Australian economic data may further bolster the AUD. However, the IDR faces challenges amid political unrest, potentially stabilizing from Bank Indonesia's interventions

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

The best AUD to IDR exchange rate is 10973.62 from Wise. This is 0.8% compared to the mid-market rate 10,886.

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 Wise at 10973.62, 0.8% from the latest mid-market rate 10,886.

The next best is XE at 10820.67, -0.6% from the mid-rate.

Then Western Union at 10777.13, which is -1% from the mid-rate.

Among the banks the Commonwealth Bank rate is 10420.83 at -4.3% and the ING Bank rate is -196.9538 at -101.8% compared to the mid-rate 10,886.

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.