The South Korean won (KRW) is the national currency of South Korea. It is the world's 15th most traded currency. The won is issued by the Bank of Korea. The current exchange rate of the won to the US dollar (USD) is approximately 1,000 won to 0.85 USD.
There are a few different ways to convert won to USD. You can use a currency converter website or app, you can go to a bank or currency exchange, or you can use a debit or credit card.
There are a number of different currency converter websites and apps available online. These websites and apps allow you to enter the amount of money you want to convert and the currency you want to convert it to. The website or app will then give you the current exchange rate and the amount of money you will receive in the new currency.
You can also convert won to USD at a bank or currency exchange. Banks and currency exchanges typically offer a variety of different exchange rates, so it's important to compare rates before you make a decision.
You can also use a debit or credit card to convert won to USD. When you use a debit or credit card to make a purchase in a foreign currency, the bank or credit card company will convert the amount of the purchase to USD using the current exchange rate.
The exchange rate of the won to the USD is constantly fluctuating. The following factors can affect the exchange rate:
The following table shows the historical exchange rates of the won to the USD:
Year | Exchange Rate (Won/USD) |
---|---|
2000 | 1,118.5 |
2005 | 1,036.0 |
2010 | 1,171.5 |
2015 | 1,217.0 |
2020 | 1,186.5 |
It is difficult to predict future exchange rates. However, the following factors could affect the exchange rate of the won to the USD in the future:
Here are a few tips for converting won to USD:
Converting won to USD is a relatively simple process. By following the tips in this article, you can get the best possible exchange rate for your money.
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