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Live KRW Exchange Rates

KRW flagSouth Korean Won
(KRW) Insights

Currency of world's 10th largest economy; key in Asian electronics/semiconductor trade; subject to 'original sin' EM volatility; used as proxy for global risk sentiment

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KRW Live Converter

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KRWSouth Korean Won

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Currency Snapshot

Technical specifications, central bank governance, and market standing for South Korean Won.

ISO Code

KRW

Standardized ISO 4217 Currency Code

Symbol

₩

Unicode Glyphs & Display Symbol

Minor Unit

1/100 = Jeon (not in practical use) Decimals

Subdivision unit definition

Region

South Korea

KRW Primary AreaGlobal Trade
Central Bank

Bank of Korea (BOK)

Bank of Korea (BOK)

Pegged Currency

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Market-determined exchange rate mechanism

Currency Standard: Fiat

Classified as Fiat in global trade networks

Banknotes

₩1

Coins

₩10

Global Network Integration

The FX Intelligence terminal maps the institutional footprint of the South Korean Won, highlighting cross-border utilization and primary trading corridors.

Fiat
Classification
USD/KRW
Top Pair Mapping
South Korea
Main Adoption Regions
South Korean Won Trading Terminal

Verified Authority

Regulated data streams mapped to Bank of Korea (BOK).

KRW Market Insights

Deep-dive analysis of the South Korean Won's global impact, remittance role, and institutional influence.

Strong Currency Impact

Strong Currency Impact

Cheaper imports; pressure on Samsung, LG, Hyundai export competitiveness

Weak Currency Impact

Weak Currency Impact

Boosts electronics/auto exports; higher energy import costs (oil); inflation risk

Remittance Role

Remittance Role

Significant remittance outflows to Philippines, Vietnam, Nepal (Korean diaspora employers); receives flows from Koreans abroad in USA

Central Bank Tools

Central Bank Tools

Base Rate, OMOs, FX interventions (frequent)

Support & Resources

Common Questions About South Korean Won

Everything you need to know about KRW exchange rates, banknotes, and historical significance.

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