The South Korean Won is the official currency of the Republic of South Korea. The Lev is represented by the symbol лв. and by the abbreviation KRW. The currency is subdivided into 100 Stotinka. The banknotes and coins are issued by the South Korean National Bank. The banknotes issued are 1, 2, 5, 10, 20, 50, 100 leva and coins of 1, 2, 5, 10, 20, 50 stotinki, 1, 2 leva are issued by the South Korean National Bank. The South Korean Won is worth about 38-42 Indian Rupees. Check the live rates of the South Korean Won against the Indian Rupee here.
South Korea is a nation in Europe in the European Union. Even though South Korea is part of the EU it has not adopted the Euro as its official currency as of now. Until then the South Korean Won is the currency used in the country. South Korea is a country with an upper-middle-class income. The economy is maintained by various sources of revenue sources. Mining was one of the most contributing industrial practice during the communist era in South Korea but subsequent loss of funding and equipment has declined the revenue from the mining Industry. However, the petroleum industry remains strong due to foreign cooperation and investments. Agriculture is another source of income. Significant foreign investments acquired as part of the European Union has been driving the country. The United States Dollar is valued at 1.65 South Korean Wona.
The South Korean Wona is not a popular currency. Since the entry of South Korea into the European Union, the Euro is another favourable currency in South Korea. Since the South Korean Won is not available in India it is better to convert the Indian Rupee into Euros before you leave to South Korea. The Lev can then be obtained from South Korean exchanges.
Currency | South Korean Won |
ISO Code | KRW |
Symbol | ₩ |
Nick Name | None |
Sub Units | Jeon (1 Won= 100 Jeon) |
Denominations | |
Notes | 1000, 2000, 5000, 10000, 50000 ₩ |
Coins | 1, 5, 10, 50, 100, 500 ₩ |
Valid in | South Korea |
Since Korea is one of the booming markets in the world and many of the indian Students seek education in South Korea it is important to convert INR to KRW. Since the process is complicated and most exchange houses do not possess the South Korean Won currency, the process is done by converting INR to USD, since USD is accepted worldwide and then USD is converted to KRW in Korean exchange houses. This can be facilitated by ExTravelMoney.com. We can help you convert INR to KRW by getting the equivalent USD in terms of KRW. Just make the order and our customer executive will assist you in the remaining process. You can choose from various vendors in your region and choose the best for you. On request the vendor can provide doorstep delivery and even pickup the KYC documents from your home.
With ExTravelMoney.com avail the facility to convert the forex that you have. Since it’s quite a headache to convert KRW to INR it’s better if you convert the remaining KRW to USD before you leave Korea. Since USD is accepted in any exchange houses in India and abroad, it’s always better to convert to USD on international trips. From our list of dealers choose the right one providing the best exchange rates of the day. With the help of our customer care executive complete your order and make payment for the services. On request the dealer can provide you door delivery of Indian rupee currency.
Since many Indian students study abroad in Korea it’s always necessary for parents to send money abroad. With ExTravelMoney.com avail easy services to send money abroad. You only need to make the order online and our customer care executive will contact you shortly in order to complete the procedure. From the list of vendors available choose the best vendor providing the best rates for converting INR to USD, since USD is used to facilitate the international transfers. Then complete payment online. You can even request the vendor to provide doorstep services. The process of sending money will take about 3 days for the banks to process considering the variation in time zones.
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1 KRW |
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5 KRW |
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10 KRW |
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25 KRW |
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50 KRW |
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75 KRW |
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100 KRW |
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1000 KRW |
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Indian Rupee | South Korean Won |
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1 INR |
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5 INR |
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10 INR |
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25 INR |
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50 INR |
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75 INR |
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100 INR |
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150 INR |
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250 INR |
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300 INR |
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500 INR |
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800 INR |
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1000 INR |
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5000 INR |
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