How much is one US dollar in KRW?

One U.S. dollar was equal to approximately 1,325 KRW as of January 2024. The Korean won (KRW) is the national currency of the Republic of South Korea. The won has been replaced and modified at several points over the past century to cope with devaluations and the effects of war. The won has been used in some form for thousands of years.

What currency did Korea use after WW2?

After World War II ended in 1945, Korea was divided, resulting in two separate currencies, both called won, for the South and the North. Both the Southern won and the Northern won replaced the yen at par. The first South Korean won was subdivided into 100 jeon.

What currency did North Korea use?

Both countries, however, once again adopted the won as their official currency, and thus emerged the North Korean won and the South Korean won. The won was reintroduced in South Korea in October 1945 at a fixed value of 15 per one U.S. dollar, and the country established its central bank, the Bank of Korea, in 1950.