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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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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).

Economic Intelligence

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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