Western Union GBP to IDR Exchange Rates & Currency Deals
GBP-IDR Rate Calculator
Understanding the Table:
The comparison table above helps you see the total cost of your Western Union 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’.
GBP to IDR Market Data
British pound (GBP) to Indonesian rupiah (IDR) market data - latest interbank exchange rate, trend, chart & historic rates.
Bias: Bullish-to-range-bound for GBP/IDR; currently above the 90-day avg and in the upper half of the 3-month range.
Key drivers:
- Rate gap: BoE cautious on cuts, while Bank Indonesia reduced rates, favoring GBP.
- Risk/commodities: Rising global commodity prices support GBP; IDR is sensitive to falling investments.
- Macro: Strong manufacturing in Indonesia provides support to IDR despite geopolitical tensions.
Range: GBP/IDR likely to hold steady, drifting towards upper limits.
What could change it:
- Upside risk: Aggressive tightening by BoE may elevate GBP.
- Downside risk: Increased geopolitical tensions could weaken IDR.
For GBP/IDR, outlook looks strong; potential for steady movement continues
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GBP to IDR Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much British pound are worth in Indonesian rupiah across a range of amounts.
This gives a quick view of what you’d get when converting different GBP amounts at today’s rate * :
What is the
Western Union Send Money conversion rate for GBP to IDR?
The Western Union GBP to IDR exchange rate is 22285.01. This is -1.5% compared to the latest GBP-IDR mid-market rate 22,624.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
British pound (GBP) to Indonesian rupiah (IDR) rates from different sources before making a conversion.
The above
Western Union - Sterling to Rupiah comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Western Union and other foreign exchange providers against the latest GBP-IDR mid-rate and the possible savings of using various providers.
How do Western Union GBP-IDR rates compare between providers?
Looking at the full
GBP to IDR - Send Money comparison table the provider with the best GBP to IDR exchange rate is Wise at 22493.16, -0.58% from the latest mid-market rate 22,624.
The next best is XE at 22488.63, -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
like Western Union or platforms that offer rates closer to the mid-market rate.