South Korean Won

South Korean Won

The won (; Korean: 원, Korean pronunciation: [wʌn]; symbol: ₩; code: KRW) or the Korean Republic Won is the currency of South Korea. A single won is divided into 100 jeon, the monetary subunit. The jeon is no longer used for everyday transactions, and appears only in foreign exchange rates. The won is issued by the Bank of Korea, based in the capital city of Seoul.

Swiss Franc

Swiss Franc

The franc (sign: Fr. or SFr.; German: Franken, French and Romansh: franc, Italian: franco; code: CHF) is the currency and legal tender of Switzerland and Liechtenstein; it is also legal tender in the Italian exclave Campione d'Italia. The Swiss National Bank (SNB) issues banknotes and the federal mint Swissmint issues coins. The smaller denomination, a hundredth of a franc, is a Rappen (Rp.) in German, centime (c.) in French, centesimo (ct.) in Italian, and rap (rp.) in Romansh. The ISO code of the currency used by banks and financial institutions is CHF, although Fr. is also widely used by businesses and advertisers; some use SFr. for Swiss Franc and to a lesser extent Fr.sv. The Latinate "CH" stands for Confoederatio Helvetica. Given the different languages used in Switzerland, Latin is used for language-neutral inscriptions on its coins.

1116 South Korean Won to Swiss Franc exchange rates chart

1116 KRW to CHF exchange rates graph
1116 KRW to CHF Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

1116 KRW to CHF exchange rates table

Exchange KRW to CHF
1116 South Korean Won = 0.999 Swiss Franc
2232 South Korean Won = 1.999 Swiss Franc
5580 South Korean Won = 4.996 Swiss Franc
11160 South Korean Won = 9.993 Swiss Franc
Exchange South Korean Won to Swiss Franc
1116 South Korean Won to Swiss Franc Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

Best KRW/CHF rate at Woori Bank in Seoul

1116 KRW to CHF exchange rates at Woori Bank in Seoul
1116 South Korean Won = 0.961 Swiss Franc
Woori Bank
Woori Bank

Woori Bank (Hangul: 우리은행 Uri Eunhaeng) is a bank headquartered in Seoul, South Korea and Woori Bank is a subsidiary of the parent company Woori Financial Group. The bank was founded back in 1899, originally called Daehan Cheon-il Bank, renamed Joseon Sangup Bank in 1911, then Commercial Bank of Korea in 1950s. Following the 1997 Asian financial crisis, it merged with the former Hanil Bank and Peace Bank to become Hanvit Bank. Woori Bank adopted its current name in 2002. Its Jongno branch is...

1116 KRW to CHF exchange rates news

Korean coffee imports expected to contract this year

Korea is expected to import less coffee for the first time in six years in 2018 as demand for the beverage has been hit by sluggish economic growth, market watchers here said on December 9.  In the January-October period, total imports of coffee stood at 121,019 tons, down 1,103 tons from a year earlier. This is the first on-year decrease since 2012. Asia’s fourth largest economy imported 82,446 tons of coffee in...

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Pro wrestler, archer to be inducted into Korea's Sports Hall of Fame

Late South Korean pro wrestling legend Kim Il and former world archery champion Kim Jin-ho will enter the country's Sports Hall of Fame, the national Olympic committee announced Wednesday. The Korean Sport & Olympic Committee said the two athletes have been named as its "sports heroes" for 2018. They were selected among six candidates after a panel of experts at the KSOC's sports hero selection committee evaluated th...

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Swimmers hit world body FINA with California antitrust case

Three Olympic and world champion swimmers have filed an anti-trust suit in California challenging governing body FINA's control of organizing competitions

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South Korean stocks fall most in 6 weeks on Huawei executive arrest
South Korean stocks fall most in 6 weeks on Huawei executive arrest

SEOUL: South Korean shares fell the most in six weeks on Thursday, pounded by quickly souring sentiment after the arrest of a top executive of Chinese telecoms

indicative positive
Global stocks recover as investors search for bargains

Global stock markets recovered their poise Wednesday as investors picked up what they hope are bargains following another round of losses

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Swiss Cryptocurrency Start-up Integrates Monero in ATMs
Swiss Cryptocurrency Start-up Integrates Monero in ATMs

Switzerland-based cryptocurrency start-up, Bity, has announced the integration of anonymous cryptocurrency monero (XMR) in its ATMs all around Switzerland.

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Bibox: Three Main Topics Telling You the Opportunities in Digital Assets
Bibox: Three Main Topics Telling You the Opportunities in Digital Assets

On 29th November Bibox, the world top 10 digital asset trading platform, held its 2019 Digital Assets New Opportunity Summit in Singapore.

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1116 KRW to CHF currency converter