The best USD to IDR exchange rate is 15549.4. Compare OFX foreign transfer and currency exchange rates, find better rates & deals.
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Exchange rates can vary significantly between different currency exchange providers, so it's important to compare US dollar (USD) to Indonesian rupiah (IDR) rates from different sources before making a conversion.
The above OFX dollar to rupiah comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and foreign exchange providers against the latest USD-IDR mid-rate (see Market Data below ) and the possible savings of using a different provider.
OFX has a 20-year history and is one of the largest foreign exchange specialists in the world. It offers a complete foreign exchange solution, including discounted money transfers, currency hedging tools, recurring transfers, a multi-currency account for online sellers and much more.
OFX grew from the idea that there had to be a better, fairer way to move money around the world. That was over 20 years ago, and since then over 1 million customers have trusted OFX with transfers in 50+ currencies to over 170 countries.
OFX don’t just offer great rates, they believe real help from real people counts. That’s why their clients get the best of both worlds – a seamless digital platform, combined with 24/7 phone access to currency experts.
When it comes to moving money, peace of mind is important. OFX is monitored by over 50 regulators globally and work within a network of carefully selected banking partners. So whether you are sending money to friends and family abroad, or doing business across borders, OFX can get your money where it needs to go. Fast, simple, secure.
Using OFX for money transfers offers the benefit of lower fees and competitive exchange rates compared to traditional banks, making international transactions more cost-effective.
Additionally, OFX provides 24/7 customer support, a range of transfer options including spot and forward contracts, and a user-friendly online platform, enhancing convenience and flexibility for global financial transactions.
OFX offers exchange rates that beat the banks, and are close or equal to the rates offered by the industry’s lowest-cost services.
When you register via our OFX 0.5% exclusive offer for BER users the cost of sending, for example, 5,000 US dollars to Australia equates to 0.5 percent of the transferred amount, or roughly US$25. You’d pay the same 0.5 percent for the same amount to be sent to Europe and around 1 percent if sending to India. This compares with 4–7 percent with the banks.
For other currency routes we looked at (routes involving AUD, INR, GBP, EUR, SGD and USD), the average cost of an international payment with OFX was 0.6 percent of the transferred amount. This is exceptional if compared with banks but can be a little more expensive than what is charged by the industry’s lowest-cost services, although such services do not offer the same benefits and customer service as OFX.
US dollar (USD) to Indonesian rupiah (IDR) market data - latest interbank exchange rate, trend, chart & historic rates.
Date | USD/IDR | Change | Period |
---|---|---|---|
30 Sep 2024 | 15205.35 | 2.3% ▲ | 2 Week |
16 Jul 2024 | 16179.83 | 3.8% ▼ | 3 Month |
15 Oct 2023 | 15683.41 | 0.8% ▼ | 1 Year |
16 Oct 2019 | 14113.50 | 10.3% ▲ | 5 Year |
17 Oct 2014 | 12151.47 | 28.1% ▲ | 10 Year |
19 Oct 2004 | 9082.71 | 71.3% ▲ | 20 Year |
Here are some popular conversion amounts for USD to IDR (US dollar to Indonesian rupiah)*.
*Converted at the current USDIDR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
Recent exchange rate forecasts for the USD to IDR indicate a landscape marked by uncertainty, particularly in view of the upcoming US presidential election. FX analysts have pointed out that the impending election has prompted global businesses to bolster their foreign-exchange hedges as they brace for potential market volatility. The USD's performance has been influenced by mixed economic indicators; for instance, a notable decline in the US consumer sentiment index has contributed to a weaker dollar, compounded by cooler growth in producer prices. As Federal Reserve officials share their perspectives, particularly on interest rate cuts, the market remains vigilant, with expectations that a cut could weaken the dollar further.
Read our full review of recent USD to IDR forecasts.
There are several ways to save on exchange rates when converting US dollar to Indonesian rupiah:
Generally speaking, if you are buying Indonesian rupiah with US dollar, then it's better for the USD/IDR exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).
The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.
Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.
To help with this you can add USD/IDR to your personalised Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
Read our Currency guide to Indonesia - a practical currency and money guide to travel, living and doing business in Indonesia with the Indonesian rupiah.
United States (USD) | Indonesia (IDR) |
The cost of living in Indonesia is relatively affordable. Expenses such as food, transportation, and housing are relatively cheap when compared to other countries in Southeast Asia.
The expat life in Indonesia is quite good. Many people who come here find that the country has a lot to offer in terms of culture and lifestyle. The cost of living is also relatively low, which makes it an attractive destination for many people. There are a number of different neighborhoods and areas to choose from when living in Indonesia, so there is something to suit everyone's taste.
Read more at our Indonesia (IDR) country guide
Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more
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