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.
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%.
| Country | South Korean Won | Euro | |
|---|---|---|---|
| 1 KRW | = | 0.0006 € |
| 1716.6808530459 KRW | = | 1 € | |
| 20 KRW | = | 0.0117 € | |
| 50 KRW | = | 0.0291 € | |
| 100 KRW | = | 0.0583 € | |
| 500 KRW | = | 0.2913 € | |
| 1000 KRW | = | 0.5825 € |
| Date | EUR → KRW |
| 23.01.2026 | 1716.681 |
| 22.01.2026 | 1719.528 |
| 21.01.2026 | 1716.549 |
| 20.01.2026 | 1734.871 |
| 19.01.2026 | 1714.598 |
| 16.01.2026 | 1709.625 |
| 15.01.2026 | 1706.682 |
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.
All currencies are quoted against the euro (base currency) - The foreign exchange reference rates are published by the European Central Bank: 23-01-2026
ARS - Argentine Peso: 0.9849
AUD - Australian dollar: 0.001
BGN - Bulgarian Lev: 0.0012
BRL - Brazilian Real: 0.0036
CAD - Canadian Dollar: 0.0009
CHF - Swiss Franc: 0.0005
CNY - Chinese Yuan Renminbi: 0.0048
CZK - Czech Koruna: 0.0141
DKK - Danish Krone: 0.0044
DZD - Algerian Dinar: 0.089
EGP - Egyptian Pound: 0.0324
EUR - Euro: 0.0006
GBP - British Pound Sterling: 0.0005
HKD - Hong Kong Dollar: 0.0054
HRK - Croatian Kuna: 0.0044
HUF - Hungarian Forint: 0.2225
IDR - Indonesian Rupiah: 11.5378
ILS - Israeli Shekel: 0.0022
INR - Indian Rupee: 0.0631
JPY - Japanese Yen: 0.1076
KRW - South Korean Won: 1
MAD - Moroccan Dirham: 0.0063
MXN - Mexican Peso: 0.012
MYR - Malaysian Ringgit: 0.0028
NOK - Norwegian Krone: 0.0067
NZD - New Zealand Dollar: 0.0012
PHP - Philippine Peso: 0.0406
PLN - Polish Zloty: 0.0025
RON - Romanian New Leu: 0.003
RUB - Russian Ruble: 0.0519
SAR - Saudi Arabian Riyal: 0.0026
SEK - Swedish Krona: 0.0062
SGD - Singapore Dollar: 0.0009
THB - Thai Baht: 0.0213
TND - Tunisian Dinar: 0.002
TRY - Turkish Lira: 0.0298
USD - United States dollar: 0.0006
ZAR - South African Rand: 0.0111