Current Date And Time In South Korea
Saturday, 01 August 2026
09:55:59 KST
South Korean won (KRW) is the official currency of South Korea, represented by the symbol ₩. This comprehensive currency guide provides real-time exchange rates, forex trading data and practical information for international businesses, traders and financial professionals conducting transactions with South Korea.
Benefits for Professionals: Real-time exchange rates • Hourly currency updates • Major currency pairs • ISO 4217 currency codes • International payment reference • Forex trading data • Business transaction rates • Travel currency planning • Currency converter tool • Market research foundation for international operations and cross-border commerce
South Korean Won (KRW) is the official legal tender of South Korea, identified by the currency symbol ₩ and the ISO 4217 code KRW. This profile provides the core reference data for the KRW currency — including its official name, symbol, issuing country and continental region — useful for international invoicing, forex identification, banking transactions and cross-border payment processing involving South Korea.
| Currency Name | South Korean Won |
| ISO 4217 Code | KRW |
| Currency Symbol | ₩ |
| Country | South Korea |
| Continent | Asia |
Convert any amount between South Korean Won (KRW) and 162+ world currencies instantly, right on this page — no reload required.
⏰ Rates as of Aug 1, 2026 12:55 AM UTC
Indicative gold and silver prices for South Korea, converted to South Korean Won (KRW) from live international bullion spot rates — the same XAU/XAG benchmark used by markets worldwide.
⏰ Spot rate as of Aug 1, 2026 12:55 AM UTC
⚠️ Note: These are indicative rates derived from live international bullion spot prices (XAU/XAG), converted to KRW. Local jewellery and bullion dealer prices in South Korea typically differ due to making/wastage charges, import duty, GST/VAT and dealer premiums — always confirm with a local jeweller or bullion dealer before any transaction.
This table lists live KRW exchange rates against every major world currency — showing exactly how much 1 ₩ South Korean Won is worth in each foreign currency, plus the inverse rate (how much of each foreign currency equals 1 KRW). Rates are recalculated hourly, making this the most current KRW conversion reference for forex traders, importers/exporters, international businesses and travelers dealing with South Korea.
⏰ Updated hourly • Aug 1, 2026 12:55 AM UTC
Compare the South Korean Won (KRW) against the five most traded currencies in global forex markets: the US Dollar (USD), Euro (EUR), Japanese Yen (JPY), British Pound (GBP) and Chinese Yuan (CNY). This KRW vs major currencies comparison shows both the direct rate — how much foreign currency 1 ₩ buys — and the inverse rate, useful for pricing South Korea imports and exports, benchmarking KRW strength and planning international financial transactions.
⏰ Live Rate • Updated Hourly • Jul 31, 2026 6:30 PM UTC
💡 Need more conversions? Use our Currency Converter Tool for hourly-updated rates, historical data and calculations for 100+ currencies.
Out of 162 actively traded world currencies tracked against the US Dollar, the South Korean Won (KRW) currently ranks #139 by per-unit value, making it stronger than 14% of all currencies on this list. A lower rank means fewer units of that currency are needed to buy one US Dollar. Within Asia, KRW ranks #40 of 50 currencies tracked on this site for that continent.
ℹ️ This ranks currencies by face value per unit against the US Dollar — the same measure used in "world's strongest currencies" lists. It reflects historical denomination, not economic size, purchasing power or GDP.
📇 How this number is worked out: KRW currently trades at 1,442.9600 per US Dollar. Comparing that to all 162 tracked currencies — 138 of them trade at a lower rate (so are stronger than KRW), and 23 trade at a higher rate (so are weaker). That places KRW at rank #139 = 1 + 138 currencies stronger than it.
Weakest ← → Strongest
The currencies ranked immediately above and below KRW by per-unit value — the most relevant comparison, since these are the currencies closest to it in worth.
| Rank | Currency | Value per US Dollar |
|---|---|---|
| #137 | IQD — Iraqi Dinar | 1,306.1177 per $1 |
| #138 | NGN — Nigerian Naira | 1,364.3600 per $1 |
| #139 | KRW — South Korean Won ⬤ (this page) | 1,442.9600 per $1 |
| #140 | RWF — Rwandan Franc | 1,463.6192 per $1 |
| #141 | ARS — Argentine Peso | 1,485.6952 per $1 |
See how the South Korean Won (KRW) compares against every other currency used across Asia. This KRW regional currency comparison is essential for intra-continental trade pricing, cross-border travel budgeting, regional investment analysis, and understanding South Korea's currency strength relative to its continental neighbours. Each row shows both the direct and inverse conversion rate so you can instantly calculate costs in either direction.
⏰ Live Rate • Updated Hourly • Jul 31, 2026 6:30 PM UTC
🌍 Planning to travel or trade in Asia? Compare exchange rates and use our currency converter for accurate regional conversions.
The South Korean won (KRW) serves as the official monetary unit of South Korea, facilitating all domestic and international financial transactions. Represented by the symbol ₩, this currency plays a crucial role in South Korea's economy, international trade relationships and global financial markets. See the full KRW currency profile for ISO code and symbol reference.
The ISO 4217 standard currency code KRW is universally recognized in international banking systems, forex trading platforms, financial documentation and electronic payment processing. This three-letter code ensures accurate currency identification across global financial networks, preventing errors in international money transfers, foreign exchange transactions and cross-border commerce operations. View the live KRW exchange rates table for current conversion data.
The KRW exchange rate fluctuates continuously in global forex markets based on economic indicators, central bank policies, trade balances, inflation rates, political stability and investor sentiment. Real-time KRW exchange rates are essential for international businesses conducting import/export operations, multinational corporations managing currency risk, forex traders executing market strategies and travelers planning international trips to South Korea. Track current rates in the KRW exchange rates table above.
Major KRW currency pairs traded in forex markets include KRW/USD (South Korean won to US Dollar), KRW/EUR (South Korean won to Euro), KRW/GBP (South Korean won to British Pound) and KRW/JPY (South Korean won to Japanese Yen). Professional forex traders analyze technical indicators, economic data releases and geopolitical events to predict KRW price movements and identify profitable trading opportunities. Compare rates in the KRW vs major world currencies card.
Businesses engaged in international trade with South Korea must manage KRW currency exposure through hedging strategies, forward contracts and currency options to mitigate exchange rate risk. Understanding KRW conversion rates is critical for accurate pricing strategies, profit margin calculations, contract negotiations and financial forecasting when conducting business operations in South Korea's markets. See regional currency rates in Asia for cross-border context.
Importers purchasing goods from South Korea require KRW to settle invoices, while exporters selling products to South Korea receive payment in South Korean won. Currency conversion fees, bank transfer charges and exchange rate spreads significantly impact transaction costs, making competitive KRW exchange rates essential for maintaining profit margins in cross-border commerce. Check the full KRW exchange rates table for current rates.
Travelers visiting South Korea need to exchange their home currency for South Korean won (KRW) to pay for accommodations, transportation, dining, shopping and tourist attractions. The KRW exchange rate directly affects travel budgets, with favorable rates providing greater purchasing power for international visitors exploring South Korea's destinations.
Currency exchange options for travelers include airport exchange counters, local banks, ATM withdrawals, credit card transactions and specialized currency exchange services. Comparing KRW exchange rates across providers helps travelers minimize conversion fees and secure the best value when converting foreign currency to South Korean won for their South Korea travel expenses. See KRW vs major currencies for USD, EUR and GBP travel rates.
Our KRW currency converter provides instant exchange rate calculations between South Korean won and 180+ world currencies, powered by real-time market data updated hourly. This professional-grade tool serves forex traders conducting technical analysis, business professionals managing international payments, e-commerce merchants pricing products for South Korea's market and travelers planning trip budgets.
Access historical KRW exchange rates, currency trend charts, volatility analysis and comparative currency data to support strategic decision-making in international finance, cross-border investments and global business expansion initiatives targeting South Korea's economy. Our comprehensive currency database includes ISO 4217 codes, currency symbols, decimal specifications and related financial reference data for professional applications.
The KRW value reflects South Korea's economic health, including GDP growth rates, unemployment levels, inflation trends, trade balance figures, foreign investment flows and central bank monetary policies. Financial analysts and market researchers monitor these KRW economic indicators to forecast currency movements, assess investment opportunities and evaluate country risk for international business ventures.
Understanding South Korean won dynamics is essential for portfolio managers allocating assets internationally, corporate treasurers managing foreign exchange exposure, financial institutions processing cross-border payments and businesses expanding operations into South Korea's market. Stay informed with our live KRW exchange rates, market insights and professional currency tools designed for international finance professionals and global business operations.