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.

US Dollar

US Dollar

The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its territories per the United States Constitution since 1792. For most practical purposes, it is divided into 100 smaller cent (¢) units, but is occasionally divided into 1000 mills (₥) for accounting purposes. The circulating paper money consists of Federal Reserve Notes that are denominated in United States dollars (12 U.S.C. § 418). Since the suspension in 1971 of convertibility of paper U.S. currency into any precious metal, the U.S. dollar is, de facto, fiat money. As it is the most used in international transactions, the U.S. dollar is the world's primary reserve currency. Several countries use it as their official currency, and in many others it is the de facto currency. Besides the United States, it is also used as the sole currency in two British Overseas Territories in the Caribbean: the British Virgin Islands and Turks and Caicos Islands. A few countries use the Federal Reserve Notes for paper money, while still minting their own coins, or also accept U.S. dollar coins (such as the Sacagawea or presidential dollar). As of June 27, 2018, there are approximately $1.67 trillion in circulation, of which $1.62 trillion is in Federal Reserve notes (the remaining $50 billion is in the form of coins).

1117 South Korean Won to US Dollar exchange rates chart

1117 KRW to USD exchange rates graph
1117 KRW to USD 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.

1117 KRW to USD exchange rates table

Exchange KRW to USD
1117 South Korean Won = 0.999 US Dollar
2234 South Korean Won = 1.999 US Dollar
5585 South Korean Won = 4.997 US Dollar
11170 South Korean Won = 9.994 US Dollar
Exchange South Korean Won to US Dollar
1117 South Korean Won to US Dollar 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/USD rate at Woori Bank in Seoul

1117 KRW to USD exchange rates at Woori Bank in Seoul
1117 South Korean Won = 0.978 US Dollar
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...

Best KRW/USD rate at LA Currency in Los Angeles

1117 KRW to USD exchange rates at LA Currency in Los Angeles
1117 South Korean Won = 0.936 US Dollar
LA Currency
LA Currency

Frequently Asked Questions No, we do not have any fees and our adjusted, real-time exchange rates can be found on our website. You can always find out how much you will get for your currency or how much you will need to buy currency. Make sure to refresh the browser to get updated rates. Yes, we have free parking at both our locations that are in a shopping plaza with a convenient parking lot and a security personnel. Cash to cash is our preferred payment method. However, only debit cards...

1117 KRW to USD exchange rates news

For A North Korean Defector Turned Journalist, Warming Ties Are Cause For Worry

South Korea barred Kim Myong Song, a reporter for the <em>Chosun Ilbo</em> newspaper, from covering a meeting with North Korean officials. He believes they were concerned his presence could derail the talks.

5 days conditional negative
Samsung's Q4 operating profit tumbles 28.7 pct on-year

Samsung Electronics Co. said Tuesday its operating profit plunged 28.7 percent in the fourth quarter compared with a year ago, falling short of market expectations. Operating profit came to 10.8 trillion won ($9.66 billion) in the Oct.-Dec. period, the South Korean tech behemoth said in a regulatory filing. This is down 38.5 percent from 15.1 trillion won posted a quarter earlier.  (Yonhap)The operating profit was t...

11 days indicative negative
Tokyo responds to Seoul ̔s video in radar lock-on incident dispute

한국을 대표하는 글로벌 방송! The World On Arirang!

13 days conditional neutral
South Korean director Kim Ki-duk fined $6,000 for physical assault

Entertainment News - Read more at AsiaOne

13 days subjunctive neutral
Korea's Son thanks November break for performance boost

egypttoday,Politics,Business,Economy,Art,culture,Local news,Special interest,Press Review,News,Resources

14 days conditional neutral
Dollar Exhibits Mixed Trend As Traders Look For Direction

WASHINGTON (Alliance News) - The US dollar is turning in a mixed performance against other major ...

about 16 hours conditional positive
Forex: J$131.36 to one US dollar

KINGSTON, Jamaica — The US dollar on Wednesday, January 16 ended trading at J$131.36 down b...

about 16 hours indicative negative
Jamaican dollar dips more than $1 against US in a day

The Jamaican dollar depreciated by $1.08 against the US dollar on Thursday, according to the trading summary from the Bank of Jamaica (BOJ). It closed at $130.65 again

7 days indicative negative

1117 KRW to USD currency converter