The won is the official currency of South Korea. The ISO code is KRW and identified by the symbol ₩. The Won is subdivided into 100 jeon. The currency is pegged against the U.S. dollar.

Exchange rates are published daily. These rates are provided for indicative purposes only.

The foreign exchange reference rates are published by the European Central Bank.

Monetary unit: South Korea

Currency Name: South Korean won
Local name: 대한민국 원 (Hangul), 大韓民國 원 (Hanja)
Official user(s): South Korea
Currency Symbol/Sign: ₩
ISO code: KRW
Central bank: Bank of Korea
Subunit: 1 won=1 jeon
Banknotes: 1000, 5000, 10,000 and 50,000 ₩
Coins: 1, 5, 10, 50, 100, and 500 ₩.
Currency Peg:No
Black Market for Currency:Yes
Currency Volatility:unknown.

Central Bank Rate

The current central bank interest rate is 3.25%.

Currency Calculator


Exchange rates

Exchange rates today: Wednesday 18th of October 2017

Country South Korean Won Euro
South Korean Won (KRW) 1 KRW = 0.0008 €
1328.14 KRW = 1 €
20 KRW = 0.0151 €
50 KRW = 0.0376 €
100 KRW = 0.0753 €
500 KRW   = 0.3765 €
1000 KRW = 0.7529 €

The rates are set on the basis of the regular daily concertation procedure between national central banks, which normally takes place at 2.15 p.m. CET. The exchange rates are for reference only and are published daily when TARGET system is open.