KRW - 南韓圜

The 南韓圜 is the currency of 南韓. Our currency rankings show that the most popular 南韓圜 exchange rate is the KRW to USD rate. The currency code for Korea (South) Won is KRW, and the currency symbol is ₩. Below, you'll find 南韓圜 rates and a currency converter.

In 1633, the Korean Mun, made up of copper and bronze coins, was made the principal currency of Korea. The Mun was used for over two centuries, until it was replaced in 1892 by the Yang, the first decimalized Korean currency. In 1902, the Won was introduced as the official currency of Korea, with an exchange rate of 1 Won to 5 Yang. The Bank of Korea was established in 1909, but changed its name to Bank of Joseon when Korea was annexed by Japan one year later. Under Japanese rule, Korea was forced to adopt the Korean Yen, replacing the Won at par.

Following World War II, in 1945, South Korea established the Won as the country’s official currency, replacing the Yen at par. The Won was originally pegged to the US Dollar at a rate of 15 Won to 1 Dollar, with the peg rate changing multiple times until 1951. Due to the drastic drop in value, the currency was yet again replaced. In 1953, the Korean Hwan was introduced at a rate of 1 Hwan to 100 Won. In 1962, a second Korean Won was established, replacing the Korean Hwan at a rate of 1 KRW to 10 Hwan. Again the Won was fixed to the US Dollar with the peg rate changing multiple times until 1997, when it began to float freely in the market.

南韓圜 Stats

Name南韓圜
Symbol
Minor unit1/100 = Jeon
Minor unit symbolJeon
Inflation0.30%
Top KRW conversionKRW to USD
Top KRW chartKRW to USD chart

南韓圜 Profile

CoinsFreq used: ₩100, ₩500
Rarely used: ₩1, ₩5, ₩10, ₩50
Bank notesFreq used: ₩1000, ₩5000, ₩10000, ₩50000
Central bankThe Bank of Korea
Users
南韓

即時貨幣匯率

貨幣匯率變更
EUR / USD1.05747
GBP / EUR1.15995
USD / JPY135.331
GBP / USD1.22662
USD / CHF0.959462
USD / CAD1.29016
EUR / JPY143.109
AUD / USD0.692019

中央銀行匯率

貨幣Interest Rate
JPY-0.10%
CHF-0.75%
EUR0.00%
USD0.75%
CAD0.50%
AUD0.10%
NZD1.00%
GBP1.00%