Convert Indonesian Rupiah to South Korean Won
Please provide values below to convert Indonesian Rupiah [IDR] to South Korean Won [KRW], or Convert South Korean Won to Indonesian Rupiah.
How to Convert Indonesian Rupiah to South Korean Won
1 IDR = 11.7809030015959 KRW
Example: convert 15 IDR to KRW:
15 IDR = 15 × 11.7809030015959 KRW = 176.713545023938 KRW
Indonesian Rupiah to South Korean Won Conversion Table
Indonesian Rupiah | South Korean Won |
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Indonesian Rupiah
The Indonesian Rupiah (IDR) is the official currency of Indonesia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Rupiah was introduced in 1946 to replace the Dutch East Indies gulden. It has undergone various reforms and redenominations over the years, especially following Indonesia's independence and economic changes, to stabilize the economy and control inflation.
Current Use
Today, the Rupiah is widely used across Indonesia for all forms of financial transactions, including cash payments, banking, and digital transactions. It remains the official legal tender of Indonesia.
South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.