Convert South Korean Won to Bitcoin
Please provide values below to convert South Korean Won [KRW] to Bitcoin [BTC], or Convert Bitcoin to South Korean Won.
How to Convert South Korean Won to Bitcoin
1 KRW = 163619654.569237 BTC
Example: convert 15 KRW to BTC:
15 KRW = 15 × 163619654.569237 BTC = 2454294818.53855 BTC
South Korean Won to Bitcoin Conversion Table
| South Korean Won | Bitcoin |
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South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.
Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.