Best recommended: CurrencyFair
Of the 8 money transfer providers tested and reviewed, CurrencyFair scored highly for its competitive rates and fees.
CurrencyFair appeared in 54.2% of Philippines to Indonesia searches, and was the top rated company supporting PHP to IDR transfers.
Make your Philippines to Indonesia transfer using CurrencyFair for the best mix of cost and speed.
How to get the best deal on sending money from Philippines to Indonesia
Considerations when sending from Philippines to Indonesia
Comparing money transfer companies with services between the Philippines and Indonesia, based on your specific transfer amount and transfer needs, is the best way to send money at the best price.
For this route, we’ve compared 8 providers providing services between Philippines and Indonesia. This ensures you will get the best options when sending Rupiah to Indonesia.
Over the last six months, we’ve picked CurrencyFair as the best overall provider. However, comparing based on the amount you want to send to Indonesia will provide a specific provider that’s best for transferring money from the Philippines.
Cheapest way to transfer money from the Philippines to Indonesia: CurrencyFair
Our data shows CurrencyFair is 0% cheaper than the second-best option. The company offers an average fee of 19,843.78* PHP and an average exchange rate between PHP and IDR that is 0% different to the mid-market rate.
For a cheap way to send PHP to Indonesia, CurrencyFair is a great all round choice.
*The most common fee applied to PHP-IDR by CurrencyFair, based on data from the past six months.
Fastest way to transfer money to Indonesia from the Philippines: CurrencyFair.
Through our data, we found CurrencyFair to be the fastest option for sending money from the Philippines into Rupiah in 63.2% of occasions. For fast PHP to IDR money transfers, CurrencyFair comes highly recommended.
the Philippines to Indonesia transfers with CurrencyFair have an average fee of 19,873.44 PHP.
To test that CurrencyFair was the 'fastest' option we compared 8 providers. With this, we compared overall speed of sending money from the Philippines to Indonesia made up of depositing Philippine Pesos, to a money transfer account and transfer times to Indonesia.
When sending at speed is a priority, CurrencyFair is our recommended choice for sending into Indonesia from Philippines.
Send large sums of money
CurrencyFair offers the strongest all round option for large transfers of the 8 money transfer companies compared.
Whether for business or a property purchase, sending large amounts of money can be expensive if you get a bad exchange rate from Rupiah to Rupiah.
As such, opt for CurrencyFair for sending large sums of money to Indonesia from the Philippines.
Understanding the cost of transferring money to Indonesia from {countryFromName}}
Fees and exchange rates make up the total cost of sending money from Indonesia to Indonesia. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current PHP-IDR mid-market rate is 270.0011 IDR per Philippine Peso. You will get more Rupiah for your Philippine Pesos if you find a provider close to this number.
For context, over the last three months the PHP-IDR mid-market rate has had a high of 281.4028, a low of 267.9944 and averaged 276.1605 IDR per Philippine Peso.
Across the 8 companies compared, the best exchange rate is with CurrencyFair.
Unless fees are unusually high, the exchange rate you receive on converting PHP to IDR will be the biggest determining factor when working out the cost of transferring Philippine Pesos to Indonesia.
Fees: Transfer fees are charged as part of the transfer. CurrencyFair at an average of 19,843.78 PHP per transfer over the last 6 months, offers the lowest fees overall. We’d always recommend comparing providers for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount of Rupiah eventually received in Indonesia. You can assume that a lower cost of sending from the Philippines will result in more money received in Indonesia.
Finding the best exchange rate between Philippine Peso and Rupiah
Getting a strong exchange rate between PHP and IDR is essential. The exchange rate you secure impacts how much IDR you get for your PHP.
It can pay to track rates, and keep on top of currency trends.
Over the past six months, the mid-market rate from PHP to IDR has averaged 276.1605.
In this period there was a high of 281.4028, and a low of 267.9944.
CurrencyFair, which is our recommended service to send money online from Philippines to Indonesia offers an exchange rate with a mark up of 0% above the mid-market rate.
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Funding your Philippines to Indonesia transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Indonesia and Philippines.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Philippines to Indonesia.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send PHP to IDR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.