Overall best option: Wise
Of the 7 companies that support IDR to THB, Wise offered the best combination of cost and speed.
Overall, Wise appeared in 97.2% of Indonesia to Thailand searches, consistently scoring as one of the best ways to send IDR to THB.
So for a great mix of cost, speed & features, send Rupiahs to Thailand using Wise.
How to get the best deal on your Indonesia to Thailand money transfer
Considerations for money transfers from Indonesia to Thailand
Comparing providers offering services between Indonesia and Thailand, based on your specific needs is the best way to send money with confidence.
Our comparison includes 7 companies that provide the ability to send Rupiah to Thailand.
This ensures you get the best options for transfers to Thailand from Indonesia, based on the amount you want to send.
Cheapest way to transfer money to Thailand from Indonesia: Wise
Data collected over the past six months shows that Wise is 0% cheaper than the second-best option.
Wise offers this through a combination of an average 116,981.48* IDR fee per transfer and exchange rate between IDR-THB that is 0% different to the mid-market rate
If you want the cheapest way to send Rupiah to Thailand, Wise is our recommended choice.
*The most common fee applied to IDR-THB by Wise, based on data from the past six months.
Fastest way to transfer money to Thailand from Indonesia: Wise.
Wise was the quickest way to send Rupiah to Baht in 94.7% of searches. For fast transfers between IDR and THB, Wise comes highly recommended.
When using Wise to send money from Indonesia to Thailand you can expect an average fee of 124,073.14 IDR. Although we would recommend comparing the amount you want to send.
When testing the 'fastest' options we compared 7 money transfer providers. To test overall speed of sending money from Indonesia to Thailand we included the timeframe for depositing Rupiah to a money transfer account and average transfer times to Thailand.
When sending money to Thailand from Indonesia quickly is a priority, Wise is our recommended choice.
Sending a large amount of money?
Of the 7 providers compared, Wise is the best rated for higher transfer amounts.
Sending large amounts of money can be expensive, and while Wise may not always be the fastest or cheapest way to send money from Indonesia to Thailand, it's a great provider for things like buying or selling property.
Understanding the cost of sending money to Thailand from Indonesia
The cost of sending money from Thailand to Thailand, is made-up of a combination of fees and exchange rates:
The Mid-Market and Exchange Rates: The mid-market rate determines a mid-price for buying currency. The current mid-market rate from IDR-THB is 0.0022 THB per Rupiah.
Finding a provider offering an exchange as close to 0.0022 as possible will ensure more Baht received when transferring.
For context, the IDR-THB mid-market rate for the past three months has averaged 0.0022 THB per Rupiah. This includes a high of 0.0023, and low of 0.0021.
Wise currently offers the best exchange rate on transfers from Indonesia to Thailand.
For the most part the IDR-THB exchange rate you receive is the biggest factor impacting the cost of sending IDR to Thailand.
Fees: Outside of exchange rates, you may need to pay a fee to send. Wise currently offers the lowest fees on transfers to Thailand from Indonesia, averaging 116,981.48 IDR over the last 6 months. Although this does include large transfers as well, we recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Baht is the amount you started with, minus the amount you paid in the exchange and fees.
The better deal you get on exchanging Rupiahs to THB, paired with a low fee, means a higher total amount received in Thailand.
Getting best exchange rate for transfers between Rupiah and Baht
Timing is essential for transferring money between IDR and THB. The exchange rate you secure impacts how much THB you get for your IDR.
The recent trends between the currencies are:
Over the past six months, the mid-market rate from IDR to THB has moved slightly. On average, it was 0.0022.
During this same period,there was a high of 0.0023, and a low of 0.0021.
Wise, which is our recommended service to send money online from Indonesia to Thailand offers an exchange rate that is only 0% above the mid-market rate.
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Payment methods available to fund your Indonesia to Thailand transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Thailand and Indonesia.
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 Indonesia to Thailand.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send IDR to THB.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.