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Compare today's IDR to KPW (Indonesian Rupiah to North Korean Won) exchange rates

Indonesia
North Korea
IDR

Interbank Exchange Rate: 1 IDR = 0.0536 KPW
Updated about an hour ago

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All you need to know about Indonesian Rupiah to North Korean Won money transfers

Easily compare money transfer providers in one place to send money from Indonesia to North Korea. Send money overseas to your loved ones by comparing Indonesian Rupiah (IDR) to North Korean Won (KPW) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Indonesia.

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If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest IDR to KPW Conversion Rates

Here are some latest IDR to KPW (Indonesian Rupiah to North Korean Won) exchange rates for popular conversion amounts*.

1 IDR0.05 KPW
5 IDR0.27 KPW
10 IDR0.54 KPW
25 IDR1.34 KPW
50 IDR2.68 KPW
100 IDR5.36 KPW
150 IDR8.04 KPW
200 IDR10.72 KPW
250 IDR13.40 KPW
300 IDR16.08 KPW
400 IDR21.44 KPW
500 IDR26.80 KPW
600 IDR32.16 KPW
700 IDR37.52 KPW
800 IDR42.88 KPW
1,000 IDR53.60 KPW
1,500 IDR80.40 KPW
2,000 IDR107.20 KPW
2,500 IDR134.00 KPW
3,000 IDR160.80 KPW
4,000 IDR214.40 KPW
5,000 IDR268.00 KPW
10,000 IDR536.00 KPW
15,000 IDR804.00 KPW
20,000 IDR1,072.00 KPW
30,000 IDR1,608.00 KPW
40,000 IDR2,144.00 KPW
50,000 IDR2,680.00 KPW
100,000 IDR5,360.00 KPW

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to transfer money from Indonesia to North Korea?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Indonesia to North Korea. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Indonesian Rupiah to KPW.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send IDR to KPW in North Korea. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to North Korea from Indonesia. We provide you with maximum choices to send money to North Korea by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best rate to transfer money to North Korea from Indonesia?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to North Korea from Indonesia. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your IDR to North Korean Won money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Indonesia to North Korea corridor to give you more good choices for your next KPW money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to send money to North Korea from Indonesia?

When you want to send money to North Korea from Indonesia, you obviously want the cheapest possible option to maximize the money your recipient gets in North Korean Won. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your IDR to KPW money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Indonesia to North Korea. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Indonesia to North Korea exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send North Korean Won overseas.


How to send money from Indonesia to North Korea through a bank?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low IDR to KPW exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Indonesia to North Korea money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to North Korea from Indonesia. They do this by letting you fund your transaction through your local bank account in Indonesia, and by allowing you to choose the payout to be your recipient's bank account in North Korea. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money to North Korea from Indonesia fast?

It could be a stressful experience if you need to rush money quickly from Indonesia to North Korea. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert IDR to KPW. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in North Korean Won. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Indonesia to North Korea money transfers.


Which are the best money transfer companies to transfer money to North Korea from Indonesia?

Comparing money transfer companies for sending money to North Korea from Indonesia can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to North Korea. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Indonesian Rupiah to North Korean Won transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the North Korean Won yield on every Indonesian Rupiah that you send.


Step by step guide to send money to North Korea from Indonesia

With so many possible ways to transfer Indonesian Rupiah to North Korean Won, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Indonesia to North Korea remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Indonesia and the receiver in North Korea. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your IDR to North Korean Won money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.