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 | = | 0.0007 € |
| 1507.012281453 KRW | = | 1 € | |
| 20 KRW | = | 0.0133 € | |
| 50 KRW | = | 0.0332 € | |
| 100 KRW | = | 0.0664 € | |
| 500 KRW | = | 0.3318 € | |
| 1000 KRW | = | 0.6636 € |
| Date | EUR → KRW |
| 04.11.2026 | 1507.012 |
| 03.11.2026 | 1505.419 |
| 02.11.2026 | 1506.853 |
| 29.10.2026 | 1488.326 |
| 28.10.2026 | 1497.115 |
| 27.10.2026 | 1477.319 |
| 26.10.2026 | 1483.491 |
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: 04-11-2026
ARS - Argentine Peso: 1.1554
AUD - Australian dollar: 0.0011
BGN - Bulgarian Lev: 0.0013
BRL - Brazilian Real: 0.0041
CAD - Canadian Dollar: 0.001
CHF - Swiss Franc: 0.0006
CNY - Chinese Yuan Renminbi: 0.005
CZK - Czech Koruna: 0.0161
DKK - Danish Krone: 0.005
DZD - Algerian Dinar: 0.1014
EGP - Egyptian Pound: 0.0408
EUR - Euro: 0.0007
GBP - British Pound Sterling: 0.0006
HKD - Hong Kong Dollar: 0.0059
HRK - Croatian Kuna: 0.005
HUF - Hungarian Forint: 0.2403
IDR - Indonesian Rupiah: 13.4917
ILS - Israeli Shekel: 0.0024
INR - Indian Rupee: 0.0703
JPY - Japanese Yen: 0.118
KRW - South Korean Won: 1
MAD - Moroccan Dirham: 0.0073
MXN - Mexican Peso: 0.0138
MYR - Malaysian Ringgit: 0.003
NOK - Norwegian Krone: 0.0069
NZD - New Zealand Dollar: 0.0013
PHP - Philippine Peso: 0.0472
PLN - Polish Zloty: 0.0029
RON - Romanian New Leu: 0.0035
RUB - Russian Ruble: 0.061
SAR - Saudi Arabian Riyal: 0.0028
SEK - Swedish Krona: 0.0073
SGD - Singapore Dollar: 0.001
THB - Thai Baht: 0.0251
TND - Tunisian Dinar: 0.0022
TRY - Turkish Lira: 0.0373
USD - United States dollar: 0.0007
ZAR - South African Rand: 0.0122