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 € |
| 1723.1951114787 KRW | = | 1 € | |
| 20 KRW | = | 0.0116 € | |
| 50 KRW | = | 0.029 € | |
| 100 KRW | = | 0.058 € | |
| 500 KRW | = | 0.2902 € | |
| 1000 KRW | = | 0.5803 € |
| Date | EUR → KRW |
| 23.01.2026 | 1723.195 |
| 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: 0.973
AUD - Australian dollar: 0.001
BGN - Bulgarian Lev: 0.0011
BRL - Brazilian Real: 0.0036
CAD - Canadian Dollar: 0.0009
CHF - Swiss Franc: 0.0005
CNY - Chinese Yuan Renminbi: 0.0047
CZK - Czech Koruna: 0.0141
DKK - Danish Krone: 0.0043
DZD - Algerian Dinar: 0.0883
EGP - Egyptian Pound: 0.0321
EUR - Euro: 0.0006
GBP - British Pound Sterling: 0.0005
HKD - Hong Kong Dollar: 0.0053
HRK - Croatian Kuna: 0.0044
HUF - Hungarian Forint: 0.222
IDR - Indonesian Rupiah: 11.4592
ILS - Israeli Shekel: 0.0021
INR - Indian Rupee: 0.0625
JPY - Japanese Yen: 0.1078
KRW - South Korean Won: 1
MAD - Moroccan Dirham: 0.0062
MXN - Mexican Peso: 0.0119
MYR - Malaysian Ringgit: 0.0027
NOK - Norwegian Krone: 0.0067
NZD - New Zealand Dollar: 0.0012
PHP - Philippine Peso: 0.0403
PLN - Polish Zloty: 0.0024
RON - Romanian New Leu: 0.003
RUB - Russian Ruble: 0.0517
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: 0.0295
USD - United States dollar: 0.0006
ZAR - South African Rand: 0.011