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 € |
| 1619.0372842939 KRW | = | 1 € | |
| 20 KRW | = | 0.0124 € | |
| 50 KRW | = | 0.0309 € | |
| 100 KRW | = | 0.0618 € | |
| 500 KRW | = | 0.3088 € | |
| 1000 KRW | = | 0.6177 € |
| Date | EUR → KRW |
| 21.08.2026 | 1619.037 |
| 20.08.2026 | 1629.46 |
| 19.08.2026 | 1620.489 |
| 18.08.2026 | 1634.676 |
| 17.08.2026 | 1637.693 |
| 14.08.2026 | 1638.352 |
| 13.08.2026 | 1635.998 |
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: 21-08-2026
ARS - Argentine Peso: 1.0801
AUD - Australian dollar: 0.001
BGN - Bulgarian Lev: 0.0012
BRL - Brazilian Real: 0.0037
CAD - Canadian Dollar: 0.001
CHF - Swiss Franc: 0.0006
CNY - Chinese Yuan Renminbi: 0.0049
CZK - Czech Koruna: 0.0149
DKK - Danish Krone: 0.0046
DZD - Algerian Dinar: 0.0958
EGP - Egyptian Pound: 0.0367
EUR - Euro: 0.0006
GBP - British Pound Sterling: 0.0005
HKD - Hong Kong Dollar: 0.0057
HRK - Croatian Kuna: 0.0047
HUF - Hungarian Forint: 0.2238
IDR - Indonesian Rupiah: 12.7426
ILS - Israeli Shekel: 0.0022
INR - Indian Rupee: 0.0691
JPY - Japanese Yen: 0.1147
KRW - South Korean Won: 1
MAD - Moroccan Dirham: 0.0067
MXN - Mexican Peso: 0.0122
MYR - Malaysian Ringgit: 0.0029
NOK - Norwegian Krone: 0.0067
NZD - New Zealand Dollar: 0.0012
PHP - Philippine Peso: 0.0445
PLN - Polish Zloty: 0.0027
RON - Romanian New Leu: 0.0032
RUB - Russian Ruble: 0.0597
SAR - Saudi Arabian Riyal: 0.0027
SEK - Swedish Krona: 0.0068
SGD - Singapore Dollar: 0.0009
THB - Thai Baht: 0.0236
TND - Tunisian Dinar: 0.0021
TRY - Turkish Lira: 0.0347
USD - United States dollar: 0.0006
ZAR - South African Rand: 0.0116