Symbol: ₩
Country: South Korea
The South Korean won is the currency of South Korea. Our records show the South Korean won is the 15th most traded currency with us. The banknotes are printed on paper material. The Bank of Korea (BOK) is responsible for issuing the South Korean banknotes.
Due to the sharp increase in banknote counterfeiting, the Bank of Korea adopted various complex anti-counterfeiting devices. Along with the new security features, the design was modernized with fresh colors and themes including science, art, and philosophy. The overall size of the banknotes was also reduced for increased convenience and to meet advanced country standards.
Did You Know?
These items cost the USD equivalent in the city of Seoul, South Korea*:
10 Mile Cab Ride: $8.95 USD
Budget Dinner for 2: $14.92 USD
Pint of Beer: $3.73 USD
Tip Percentage: N/A¹
*Figures are based on 2023 data. Information is subject to change as exchange rates and cost of goods fluctuate.
¹Tipping is not customary and may be considered rude.