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Compare today's IDR to EUR (Indonesian Rupiah to Euro) exchange rates

Indonesia
Latvia
IDR

Interbank Exchange Rate: 1 IDR = 0.0001 EUR
Updated about 1 hours ago

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All you need to know about Indonesian Rupiah to Euro money transfers

Easily compare money transfer providers in one place to send money from Indonesia to Latvia. Send money overseas to your loved ones by comparing Indonesian Rupiah (IDR) to Euro (EUR) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Indonesia.

Were you looking to send money from Latvia to Indonesia instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest IDR to EUR Conversion Rates

Here are some latest IDR to EUR (Indonesian Rupiah to Euro) exchange rates for popular conversion amounts*.

1 IDR0.00 EUR
5 IDR0.00 EUR
10 IDR0.00 EUR
25 IDR0.00 EUR
50 IDR0.01 EUR
100 IDR0.01 EUR
150 IDR0.02 EUR
200 IDR0.02 EUR
250 IDR0.03 EUR
300 IDR0.03 EUR
400 IDR0.04 EUR
500 IDR0.05 EUR
600 IDR0.06 EUR
700 IDR0.07 EUR
800 IDR0.08 EUR
1,000 IDR0.10 EUR
1,500 IDR0.15 EUR
2,000 IDR0.20 EUR
2,500 IDR0.25 EUR
3,000 IDR0.30 EUR
4,000 IDR0.40 EUR
5,000 IDR0.50 EUR
10,000 IDR1.00 EUR
15,000 IDR1.50 EUR
20,000 IDR2.00 EUR
30,000 IDR3.00 EUR
40,000 IDR4.00 EUR
50,000 IDR5.00 EUR
100,000 IDR10.00 EUR

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to do Indonesia to Latvia money transfers?

With the global remittance market booming, there are so many choices for Indonesian Rupiah to EUR money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Latvia from Indonesia. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final EUR amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best exchange rate for your money transfers from Indonesia to Latvia?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Indonesia to Latvia transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your IDR to Euro international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Indonesian Rupiah to Euro exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way to send money to Latvia from Indonesia?

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Indonesia to Latvia via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Indonesian Rupiah to Euro remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Indonesia to Latvia exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for IDR to EUR remittances.


Should I use my bank to send money from Indonesia to Latvia?

Bank transfers have been a traditionally popular way to send money overseas from Indonesia to Latvia. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the IDR to EUR exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Indonesia bank for your Latvia money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


What is the fastest way to do a money transfer to Latvia from Indonesia?

It could be a stressful experience if you need to rush money quickly from Indonesia to Latvia. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert IDR to EUR. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Euro. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Indonesia to Latvia money transfers.


Which are the best money transfer companies to transfer money to Latvia from Indonesia?

The first step in selecting the best money transfer operators for Indonesia to Latvia remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Indonesian Rupiah to Euro money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Latvia.


Step by step guide to send money from Indonesia to Latvia

With so many possible ways to transfer Indonesian Rupiah to Euro, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Indonesia to Latvia remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Indonesia and the receiver in Latvia. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your IDR to Euro money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.