Convert South Korean Won to Euro
Please provide values below to convert South Korean Won [KRW] to Euro [EUR], or Convert Euro to South Korean Won.
How to Convert South Korean Won to Euro
1 KRW = 1621.40401078926 EUR
Example: convert 15 KRW to EUR:
15 KRW = 15 × 1621.40401078926 EUR = 24321.0601618389 EUR
South Korean Won to Euro Conversion Table
South Korean Won | Euro |
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South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.
Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.