Zimbabwe Dollar

Countries that use the Won

The Won is an official national currency and used only in South Korea. 1 Won is devided into 100 Chon.

ISO 4127:
KRW
Numeric:
410
Symbol:

1.00 Won = 0.0009 US Dollar
(date: 06/24/2018)



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Exchange rate history 10000 KRW in USD



Won as currency

CountryRegion
South KoreaEast Asia




Currency reserves for the Won

According to the International Monetary Fund, the total broad money (M3) amounted to KRW 2,530,353.62 trillion at the end of 2017. For currency hedging, reserves were held in a total amount of 451,401.18 trillion Wons. This corresponds to a ratio of 1:5.6. In other words: Not even 1 of 6 Wons is deposited with a countervalue.

Approximately 4,690.5 billion Wons (1.0%) of the currency reserves exist in gold reserves, the remainder consists of foreign currencies, special drawing rights in the International Monetary Fund and other reserve positions.

Worldwide currency and gold reserves

US Dollar as currency

CountryRegion
American SamoaPolynesia
British Virgin IslandsCaribbean
EcuadorSouth America
El SalvadorCentral America
GuamMicronesia
East TimorSoutheast Asia
Marshall IslandsMicronesia
Micronesia, Federated States ofMicronesia
PalauMicronesia
Northern Mariana IslandsMicronesia
Puerto RicoCaribbean
Turks and Caicos IslandsCaribbean
United StatesNorth America
Virgin IslandsCaribbean
British Indian Ocean TerritoryEastern Africa
Bonaire, Saint Eustatius and SabaCaribbean