What is the
WorldRemit Send Money conversion rate for SGD to IDR?
The WorldRemit SGD to IDR exchange rate is 12598.68. This is - compared to the latest SGD-IDR mid-market rate 12,726.
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
WorldRemit - Singapore dollar to Rupiah comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
WorldRemit and other foreign exchange providers against the latest SGD-IDR mid-rate and the possible savings of using various providers.
How do WorldRemit 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 12649.58.
The next best is Wise at 12649.58.
Then WorldRemit at 12598.68, .
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 WorldRemit or platforms that offer rates closer to the mid-market rate.