Convert 700000 Indonesian Rupiah (IDR) to South Korean Won (KRW)
Exchange rates used for currency conversion updated on November 23rd 2024 ( 11/23/2024 )
Below you will find the latest exchange rates for exchanging Indonesian Rupiah (IDR) to South Korean Won (KRW) , a table containing most common conversions and a chart with the pair's evolution.
The Indonesian Rupiah (IDR) to South Korean Won (KRW) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.
The currency exchange rate, calculated between Indonesian Rupiah and South Korean Won on 11/23/2024 is 1 IDR = 0.0881 KRW - AVERAGE intraday quotes were used for this currency conversion.
Convert 700000 IDR / 700000 KRW to major currencies
The Indonesian rupiah uses the international currency code of IDR, the written symbol of Rp, and is the official currency of Indonesia. Issued buy the Bank of Indonesia who mints the rupiah in denominations of Rp 50, Rp 100, Rp 200, Rp 500, and Rp 1000 and paper currency notes in denominations of Rp 1000, Rp 2000, Rp 5000, Rp 10,000, Rp 20,000, Rp 50,000, and Rp 100,000.
All currency issues of IDR prior to 1999 will no longer be accepted nor will they be legal tender after January 2018. The Bank of Indonesia is also considering eliminating the trailing three zeros in currency denominations, this move is not as a devaluation, but as a re-alignment of value assignment.
About South Korean Won (KRW)
The Republic of South Korea has as its official currency the South Korean won. Each won can be subdivided into 100 jeon. There are no jeon in current circulation, in this day it is strictly used as an accounting measurement.
The Central Bank of Korea issues the KRW in banknote denominations of 1000, 5000, 10,000, and 50,000 won and mints coins in denominations of and 10, 50, 100, and 500 won. In accounting a won is symbolized using the "₩ " sign.
