South Korean Won to Indonesian Rupiah — exchange rate

Country of Circulation: South Korea

Currency Code, Symbol: KRW, ₩

Denominations of coins in circulation: ₩10, ₩50, ₩100, ₩500

Denominations of banknotes in circulation: ₩1,000, ₩5,000, ₩10,000, ₩50,000

History: The South Korean won (₩) is the official currency of South Korea. The banknotes are not used in other countries. An international name, used in exchange, is KRW.Chon, a small coin, is used for exchange. One KRW has 100 chon. The currency first appeared in the country in 1945, replacing the Korean yen. Afterwards, there was the South Korean hwan, but in 1962, the won was restored as an official currency again. The notes and coins of South Korea are unique in their colorful design. There are important figures, cultural and religious objects printed on them.Read More

Country of Circulation: Indonesia

Currency Code, Symbol: IDR, Rp

Denominations of coins in circulation: Rp100, Rp200, Rp500, Rp1,000

Denominations of banknotes in circulation: Rp1,000, Rp2,000, Rp5,000, Rp10,000, Rp20,000, Rp50,000, Rp100,000

History: The Indonesian rupiah (Rp) is a currency issued and accepted for payment in Indonesia. It is abbreviated to IDR. A local abbreviation – Rr – is also placed on notes.Sen, a coin of a smaller denomination, is used for change. One rupiah has 100 sens. The coin was removed from circulation in the 60s of the past century, and sen is only used in cashless operations. The currency was issued in Indonesia since 1945. For some time, it was used along with other currencies – the Netherlands Indies gulden and the Japanese occupational rupiah. In 1930s, a large-scale financial crisis led to the collapse of rupiah and resignation of president Haji Suharto.Read More