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).

1119 South Korean Won to US Dollar exchange rates chart

1119 KRW to USD exchange rates graph
1119 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.

1119 KRW to USD exchange rates table

Exchange KRW to USD
1119 South Korean Won = 0.986 US Dollar
2238 South Korean Won = 1.971 US Dollar
5595 South Korean Won = 4.928 US Dollar
11190 South Korean Won = 9.856 US Dollar
Exchange South Korean Won to US Dollar
1119 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

1119 KRW to USD exchange rates at Woori Bank in Seoul
1119 South Korean Won = 0.974 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

1119 KRW to USD exchange rates at LA Currency in Los Angeles
1119 South Korean Won = 0.927 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...

1119 KRW to USD exchange rates news

Steven Yeun Won't Say Whether Or Not His 'Burning' Character Is A Psychopath

The <em>Walking Dead</em> actor plays a South Korean playboy who may or may not be murdering his girlfriends in <em>Burning</em>. "To this day, I'm the only one who knows who Ben really is," Yeun says of the character.

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Jobs for the boys under fire in South Korea

SEOUL (AFP) - In her year-long quest for a job, South Korean college graduate Casey Lee has faced a barrage of personal and contradictory questions.. Read more at straitstimes.com.

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(News Focus) Roster controversy deprives Korea of first full-time baseball team manager

Pitching legend Sun Dong-yol's stint as South Korea's first full-time national team manager has come to a abrupt end amid controversy over his Asian Games roster selection.

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I’m Adopted, But I Won’t Be Celebrating National Adoption Month

National Adoption Awareness Month minimizes individual experiences of adoptees and masks the deeper systemic problems that keep the practice in existence.

indicative positive
Seoul stocks close lower on Wall Street losses

South Korean stocks ended lower Tuesday as foreign investors dumped large-cap shares following overnight Wall Street losses, analysts said. The Korean won rose against the U.S. dollar.

indicative neutral
US Dollar Losses Hit Pause after October CPI; Focus Remains on Brexit

The DXY Index is off the lows, and rates markets are continuing to price in December for another rate hike from the Fed.

indicative positive
Pound-to-US-Dollar Exchange Rate: GBP/USD Starts The Week On Soft Footing As Brexit Anxiety Mounts

Brexit speculation failed to prevent the GBP/USD exchange rate sinking at the start of the week

conditional neutral
Pound US dollar exchange rate: GBP retreats as Brexit text faces Cabinet scrutiny

THE pound US dollar exchange rate has fallen as much as 0.5 per cent this morning, slumping from a high of $1.302 to the current rate of $1.295 as Brexit jitters weigh on sentiment.

conditional positive

1119 KRW to USD currency converter