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Compare today's IDR to KRW (Indonesian Rupiah to South Korean Won) exchange rates

Indonesia
South Korea
IDR

Interbank Exchange Rate: 1 IDR = 0.0869 KRW
Updated about an hour ago

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

Easily compare money transfer providers in one place to send money from Indonesia to South Korea. Send money overseas to your loved ones by comparing Indonesian Rupiah (IDR) to South Korean Won (KRW) 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.

Were you looking to send money from South Korea to Indonesia instead?

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 KRW Conversion Rates

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

1 IDR0.09 KRW
5 IDR0.43 KRW
10 IDR0.87 KRW
25 IDR2.17 KRW
50 IDR4.35 KRW
100 IDR8.69 KRW
150 IDR13.04 KRW
200 IDR17.38 KRW
250 IDR21.73 KRW
300 IDR26.07 KRW
400 IDR34.76 KRW
500 IDR43.45 KRW
600 IDR52.14 KRW
700 IDR60.83 KRW
800 IDR69.52 KRW
1,000 IDR86.90 KRW
1,500 IDR130.35 KRW
2,000 IDR173.80 KRW
2,500 IDR217.25 KRW
3,000 IDR260.70 KRW
4,000 IDR347.60 KRW
5,000 IDR434.50 KRW
10,000 IDR869.00 KRW
15,000 IDR1,303.50 KRW
20,000 IDR1,738.00 KRW
30,000 IDR2,607.00 KRW
40,000 IDR3,476.00 KRW
50,000 IDR4,345.00 KRW
100,000 IDR8,690.00 KRW

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


What's the best way to send money to South Korea from Indonesia?

Sending money internationally to South Korea from Indonesia can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Indonesian Rupiah to KRW remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to South Korea. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in South Korean Won.


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

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to South 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 South 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 South Korea corridor to give you more good choices for your next KRW money transfer. This way you do not miss out on additional options to potentially save more.


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

Finding the cheapest way to send money from Indonesia to South Korea might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer IDR to KRW via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Indonesia to South Korea exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


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

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Indonesia to South Korea money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like IDR to KRW transfers.

Given this, there are umpteen additional options to send money to South Korea instead of just your Indonesia bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Indonesian Rupiah even more so that your recipient in South Korea gets the maximum amount.


How to send money to South Korea from Indonesia fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Indonesia to South Korea. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert IDR to KRW fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Indonesian Rupiah amount reaching South Korea. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush South Korean Won quickly to South Korea, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


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

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Indonesia to South Korea, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Indonesian Rupiah to South Korean Won exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your KRW money transfers to South Korea. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in South Korea getting more money for every Indonesian Rupiah you send.


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

With so many possible ways to transfer Indonesian Rupiah to South 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 South 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 South 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 South Korean Won money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.