What is the
best Send Money conversion rate for SGD to IDR?
The best SGD to IDR exchange rate is 12646.72 from XE.
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
PayPal - Singapore dollar to Rupiah comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
PayPal and other foreign exchange providers against the latest SGD-IDR mid-rate and the possible savings of using various providers.
How do PayPal 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 XE at 12646.72.
The next best is Wise at 12646.72.
Then WorldRemit at 12595.83, .
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.