South Korean Won (₩) to US Dollar ($) Conversion
South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, managed by the Bank of Korea. South Korea is one of the world's largest exporters of semiconductors, automobiles, and electronics — industries whose global competitiveness is directly affected by the KRW exchange rate. The won is quoted at large nominal values relative to major currencies (typically 1,200–1,400 per USD), reflecting no decimal redenomination since the 1953 monetary reform. South Korea's economy is one of the world's most export-dependent, making the KRW highly sensitive to global trade conditions.
US Dollar
The US Dollar (USD) is the world's primary reserve currency, involved in approximately 88% of all foreign exchange transactions globally. Established by the Coinage Act of 1792, the dollar transitioned to a pure fiat currency in 1971 when President Nixon ended its convertibility to gold — the collapse of the Bretton Woods system that had pegged all major currencies to the USD at fixed rates since 1944. Today the dollar serves as the global pricing currency for commodities including oil, gold, and most internationally traded goods.
| South Korean Won (₩) | US Dollar ($) |
|---|---|
| ₩ 0.1 | $ 0.1 |
| ₩ 1 | $ 1 |
| ₩ 2 | $ 2 |
| ₩ 3 | $ 3 |
| ₩ 5 | $ 5 |
| ₩ 10 | $ 10 |
| ₩ 20 | $ 20 |
| ₩ 30 | $ 30 |
| ₩ 50 | $ 50 |
| ₩ 100 | $ 100 |
| ₩ 1000 | $ 1000 |