1 Euro to IDR: Wise Exchange Rate
Are you planning to travel from Europe to Indonesia or conduct international business between the two regions? If so, understanding the exchange rate between the Euro (EUR) and Indonesian Rupiah (IDR) is crucial. In this article, we will discuss the current exchange rate of 1 Euro to IDR and the best way to conduct international money transfers with Wise.
Current Exchange Rate: 1 EUR to IDR
As of [current date], the exchange rate is:
1 EUR = approximately 17,000 IDR
Please note that exchange rates can fluctuate constantly due to economic and geopolitical factors. It's essential to check the current exchange rate before making any transactions.
Wise: A Better Way to Transfer Money
Wise, formerly known as TransferWise, is a popular online service that enables individuals and businesses to send and receive money internationally at a lower cost. Here's why Wise stands out:
Low Fees
Wise charges a small percentage of the transaction amount as a fee, which is significantly lower than traditional banks and money transfer services.
Competitive Exchange Rates
Wise uses the real exchange rate, without any markup, to ensure you get the best possible deal.
Fast and Convenient
Transfers are typically processed within minutes, and you can track the progress online.
Security
Wise is regulated by financial authorities and employs robust security measures to protect your transactions.
How to Get the Best EUR to IDR Exchange Rate with Wise
To get the best exchange rate with Wise, follow these steps:
Sign up
Create an account on Wise's website or mobile app.
Set up the transfer
Enter the sender's and recipient's details, and specify the transfer amount.
Choose the rate
Wise will provide you with the current exchange rate. If you're not satisfied, you can wait for a better rate or set a rate alert.
Make the transfer
Wise will convert the funds and send them to the recipient's account.
Track the transfer
Monitor the transfer progress online.
By using Wise, you can save money on international money transfers and get a better exchange rate for your 1 EUR to IDR transactions.
Remember to always check the current exchange rate and fees before making a transfer.
