The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
SGD to IDR Market Data
Singapore dollar (SGD) to Indonesian rupiah (IDR) market data - latest interbank exchange rate, trend, chart & historic rates.
SGD to IDR is at 60-day highs near 12943, just 0.8% above its 3-month average of 12842, having traded in a stable 1.8% range from 12748 to 12974
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Is the SGD to IDR Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Singapore dollar against the Indonesian rupiah is to review how the SGD/IDR rate has changed over time.
The table below shows the percentage change in the SGD to IDR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
The exchange rate for the Singapore Dollar (SGD) to Indonesian Rupiah (IDR) has recently stabilized at approximately 12,874 IDR per SGD, slightly above its three-month average.
The recent performance of the SGD against the USD reflects overarching trends influenced by monetary policies and economic conditions in both the United States and Singapore.
Recent forecasts for the USD to IDR exchange rate indicate a generally bearish outlook for the US dollar, driven by expectations of easing monetary policy...
To help you understand the real-world value of the current exchange rate, the table below shows how much Singapore dollar are worth in Indonesian rupiah across a range of amounts.
This gives a quick view of what you’d get when converting different SGD amounts at today’s rate * :
What is the
best Send Money conversion rate for SGD to IDR?
The best SGD to IDR exchange rate is 12846.99 from Wise. This is -0.49% compared to the mid-market rate 12,910.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Singapore dollar (SGD) to Indonesian rupiah (IDR) rates from different sources before making a conversion.
The above
Singapore dollar to Rupiah comparison table
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 SGD-IDR mid-rate and the possible savings of using various providers.
How do SGD-IDR rates compare between providers?
Looking at the full
SGD to IDR - Send Money comparison table the provider with the best SGD to IDR exchange rate is Wise at 12846.99, -0.49% from the latest mid-market rate 12,910.
The next best is XE at 12832.92, -0.6% 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.