Convert South Korean Won to New Zealand Dollar
Please provide values below to convert South Korean Won [KRW] to New Zealand Dollar [NZD], or Convert New Zealand Dollar to South Korean Won.
How to Convert South Korean Won to New Zealand Dollar
1 KRW = 828.382983822648 NZD
Example: convert 15 KRW to NZD:
15 KRW = 15 × 828.382983822648 NZD = 12425.7447573397 NZD
South Korean Won to New Zealand Dollar Conversion Table
| South Korean Won | New Zealand Dollar |
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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.
New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.