About this pair
KRW/IDR: what to know
The KRW/IDR rate shows how much IDR you get for 1 KRW. Right now, 1 KRW buys 13.0769 IDR at the mid-market rate. In the other direction, 1 IDR is worth 0.0765 KRW.
In the short term KRW is driven mainly by tech exports and global risk appetite, while IDR responds to commodity prices and capital flows.
The South Korean Won (KRW) is issued by Bank of Korea. “Won” shares a root with yen and yuan, meaning “round”. 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.
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.