Convert British Pound Sterling to South Korean Won
Please provide values below to convert British Pound Sterling [GBP] to South Korean Won [KRW], or Convert South Korean Won to British Pound Sterling.
How to Convert British Pound Sterling to South Korean Won
1 GBP = 0.000535379299091432 KRW
Example: convert 15 GBP to KRW:
15 GBP = 15 × 0.000535379299091432 KRW = 0.00803068948637148 KRW
British Pound Sterling to South Korean Won Conversion Table
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British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.
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.