South Korean won
| ISO 4217 | |
|---|---|
| Code | KRW (numeric: 410) |
| Unit | |
| Unit | won |
| Plural | The language(s) of this currency do(es) not have a morphological plural distinction. |
| Symbol | ₩ |
| Denominations | |
| Subunit | |
| 1⁄100 | jeon (전; 錢) Theoretical (not used) |
| Banknotes | ₩1,000, ₩2,000, ₩5,000, ₩10,000, ₩50,000 |
| Coins | |
| Freq. used | ₩10, ₩50, ₩100, ₩500 |
| Rarely used | ₩1, ₩5 |
| Demographics | |
| User(s) | South Korea |
| Issuance | |
| Central bank | Bank of Korea |
| Website | eng |
| Printer | Korea Minting and Security Printing Corporation |
| Website | english |
| Mint | Korea Minting and Security Printing Corporation |
| Website | english |
| Valuation | |
| Inflation | 2.4% (June 2024) |
| Value | Exchange Rate US$1 = 1,390 KRW |
| Korean name | |
| Hangul | 대한민국 원 |
| Hanja | 大韓民國 원 |
| RR | Daehanminguk won |
| MR | Taehanmin'guk wŏn |
The South Korean won (symbol: ₩; code: KRW; Korean: 대한민국 원) is the official currency of South Korea. A single won is divided into 100 jeon, the monetary subunit. The jeon is no longer used for everyday transactions, and it appears only in foreign exchange rates. The currency is issued by the Bank of Korea, based in the capital city of Seoul.