Convert South Korean Won to Australian Dollar
Please provide values below to convert South Korean Won [KRW] to Australian Dollar [AUD], or Convert Australian Dollar to South Korean Won.
How to Convert South Korean Won to Australian Dollar
1 KRW = 904.114046560293 AUD
Example: convert 15 KRW to AUD:
15 KRW = 15 × 904.114046560293 AUD = 13561.7106984044 AUD
South Korean Won to Australian Dollar Conversion Table
| South Korean Won | Australian Dollar |
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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.
Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.