Convert Korean Won to Indonesian Rupiah
Convert Korean won (KRW) to Indonesian rupiah (IDR) at the mid-market rate based on the Export-Import Bank of Korea's reference rate, and see how far your budget stretches in Bali or Jakarta.
🔒 Unit conversions are computed in your browser (exchange rates via public API only).
What moves the won-to-rupiah rate
The rupiah reacts strongly to Bank Indonesia's policy rate, to commodity export cycles, and to the overall strength of the US dollar. Indonesia leans heavily on exports like coal, palm oil, and nickel, so swings in global commodity prices tend to move the rupiah with them. Layer the won's own dollar dynamics on top, and KRW-IDR is easiest to read as two stories combined: won versus dollar, and rupiah versus dollar. The figure here is based on the Export-Import Bank of Korea's reference rate, refreshed once per business day around late morning Korea time.
Reading the rupiah's many zeros
The rupiah trades in large numbers, so notes of 1,000, 10,000, and 100,000 are everyday currency, and the digit count is where travelers slip up. If one won is worth roughly 11 rupiah, then 100,000 won lands near 1.1 million rupiah, and one million won is somewhere around 11 million rupiah. Local price tags often use a dot for thousands, so 'Rp 50.000' means fifty thousand rupiah, not fifty. A handy trick is to drop the last three zeros and round in units of a thousand rupiah until the big numbers feel natural.
What you actually pay in Bali differs from the mid rate
The number on this page is a mid-market rate before any spread, so real exchanges and card payments come out a little less favorable. Cash still carries a lot of weight in Indonesia, so small notes are handy at markets, warungs, and taxis, and licensed money changers (look for the PVA authorization) often beat airport counters. Be wary of unlicensed booths advertising suspiciously good rates, as counting tricks are common, so count your notes yourself. Upscale shops and hotels in tourist areas take cards, but build the foreign transaction fee and the card issuer's own rate into your budget in advance.
Frequently asked questions
Is the KRW-IDR rate shown here the same as what banks and money changers actually give me?
No. This tool shows a mid-market rate close to the Export-Import Bank of Korea's reference rate. Banks and changers add a spread and fees on top, so the rupiah you receive can be a bit less than the on-screen figure. Airport counters tend to carry the widest spread, so it is worth comparing them against a licensed changer in town.
The rate didn't change over the weekend. Is it stuck?
No. The reference rate is only published on business days, so on weekends and holidays the last business day's value simply carries over. The reference date shown on screen tells you which day the figure is based on. If your trip is close, check again for the latest value near your departure date.
Can I budget in won and just convert to rupiah?
Yes, setting a daily budget in won and then reading it in rupiah with this tool works well. For instance, if you plan on 100,000 won a day and one won is worth about 11 rupiah, that comes to roughly 1.1 million rupiah. Since real exchanges and card payments include a spread, it is safer to leave a little cushion beyond the converted figure.