About this pair
IDR/KRW: what to know
The IDR/KRW rate shows how much KRW you get for 1 IDR. Right now, 1 IDR buys 0.0765 KRW at the mid-market rate. In the other direction, 1 KRW is worth 13.0769 IDR.
In the short term IDR is driven mainly by commodity prices and capital flows, while KRW responds to tech exports and global risk appetite.
The Indonesian Rupiah (IDR) is issued by Bank Indonesia. The rupiah has some of the world’s highest denominations — notes go up to 100,000. The South Korean Won (KRW) is issued by Bank of Korea. “Won” shares a root with yen and yuan, meaning “round”.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.