Different exchange rate USD to IDR

[e97a4133]

Hello, I want to ask why the Exchange Rate on upwork is different from the real one, I want to withdraw my money from usd to idr but it's differen

[ceefaeca]

Yes, whenever you get your money converted from the USD, not only here on Upwork but through any channel, you get a rate slightly lower than what Google will tell you. 

As a freelancer one should accept this since it will always happen. You will never get a rate which you will find on google search. To be honest, Upwork gives really good conversion rates in comparison to others. 

Whenever I withdrew from my Upwork balance, they always gave me the last day's closing rate. Sometimes it is less, sometimes it is more. But, again, as a freelancer earning in USD one should be habitual of this thing. 

[petra_r]

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Novreza R wrote:

Hello, I want to ask why the Exchange Rate on upwork is different from the real one

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There is no such thing as "the real one".

As banks are not charities, the charge for transferring money and exchanging currencies. What you see in Google is the mid-market rate. As a retail customer, you don't get that rate. Banks sell currency for a bit more than they bought it at.

[abdulwasay2028]

Exchange rates between the US dollar (USD) and the Indonesian rupiah (IDR):

1 Dolar Berapa Rupiah: 15.590 IDR (Mulai 11 Maret 2024) - I just on this website so costly