Unlike many banks and bureaux de changes we are transparent with our Indonesian Rupiah pricing. You have direct access to the live GBP/ IDR interbank exchange rate so it's easier for you to compare and see the savings you make using our buy back service. Compare our buy back rates and see how much you could save.
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You sell us
1 GBP = Your exchange rate
1 GBP = Real exchange rate
You get British pounds
Last updated on
Source: compareholidaymoney.com
You sell us
You get British pounds
GBP
You Sell | Exchange rate | You Receive (After fees) |
You could save | |
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*We capture the exchange rates being offered by airports and high street providers once a month and calculate what spread they are taking off the live interbank rate. We then compare that to what rates we are offering to calculate the savings you can make if you use us.
*Your potential saving has been calculated using our exchange rate and the most expensive provider's rate in the market at a given point in time.
Once your currency buy back order is placed, you will be provided with an indicative captured interbank exchange rate and our fee
Please make sure the item has been insured to correct value in the event of loss or theft and keep hold of the tracking ID.
Send to the following address: TCC, PO BOX 66831, London, W27TB
the real exchange rate and our fee will be applied at the time we process your order. We shall then make payment to the bank account details you have provided.
Ideally, whenever you are buying or selling Indonesian Rupiah it is always a good idea to research where the interbank exchange rate is. The interbank exchange rate gives you a guide as you want to transact as closely to it as possible. For ease, we always show what the mid market rate is on our currency converters.
In a nutshell, when you are selling back Indonesian Rupiah and converting to GBP you want to do so when the Indonesian Rupiah is strong against British Pound. This way you will get more British Pound for every Indonesian Rupiah sold. If you are buying Indonesian Rupiah the reverse applies and you should try to buy when Indonesian Rupiah weak against the British Pound since this would mean more Indonesian Rupiah for every British Pound you spend.
Sell Indonesian Rupiah to The Currency Club and get the best value for your money.
Derived from the Sanskrit word "Rupyakam", Rupiah has been the official currency of Indonesia since 1946. The currency is also popularly referred to as "Perak" by the locals, meaning silver in Indonesian. 1 Rupiah subdivides into 100 Sen; however, Sen is no longer in circulation.
Official name - Indonesian Rupiah
Code - IDR
Nickname - Perak
Symbol - Rp
Subunit - Sen
officially used by - Indonesia
Unofficially used by - Timor-Leste
If you have recently returned from Indonesia, you can sell the leftover currency you brought back to a bank or bureau de change. However, these institutions are known to charge significant hidden charges.
A great alternative to these traditional institutions is an online currency exchange service provider. You can sell Indonesian Rupiah at comparatively better exchange rates and get better value for money.
To land the best rates for Indonesian Rupiah, you should first compare the rates offered by several institutions. Also, check if your company of choice openly discuss its charges, besides providing access to the live interbank rates.
You do not have to go about wasting your precious time to come across the best rates in the market. Instead, register for The Currency Club's buy back services and exchange your leftover Indonesian currency at market best rates.
We offer access to the live rates Indonesian Rupiah or Interbank rates to compare them with our deals. You can check them prior to availing our services, ensuring the benefit you receive.
Your exchanged amount is directly credited to your registered account without any delay.
Ideally, it will be best to sell IDR when it is performing strongly against your currency of concern. But, there is no set way of telling when that will be. If you want to maximise the value you get by selling Indonesian Rupiah, the best is, studying its past rates relative to the currency you want. You can hold the currency if you see it is performing poorly. However, if you do not have enough knowledge about the forex market, it is not wise to delay the process.
If you want to get the most amount of GBP by selling IDR, the Indonesian Rupiah exchange rates should be low. So, look for an institution that offers the lowest GBP to IDR rates and is transparent about its charges.
If so please visit Sterling FX for exceptional sell Indonesian Rupiah branch rates - www.sterlingfx.co.uk/london-branch