Convert South Korean Won to Peruvian Nuevo Sol
Please provide values below to convert South Korean Won [KRW] to Peruvian Nuevo Sol [PEN], or Convert Peruvian Nuevo Sol to South Korean Won.
How to Convert South Korean Won to Peruvian Nuevo Sol
1 KRW = 388.613767321584 PEN
Example: convert 15 KRW to PEN:
15 KRW = 15 × 388.613767321584 PEN = 5829.20650982376 PEN
South Korean Won to Peruvian Nuevo Sol Conversion Table
| South Korean Won | Peruvian Nuevo Sol |
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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.
Peruvian Nuevo Sol
The Peruvian Nuevo Sol (PEN) is the official currency of Peru, used for all monetary transactions within the country.
History/Origin
Introduced in 1991 to replace the Peruvian Sol, the Nuevo Sol was established to stabilize the economy and control inflation. It has undergone several reforms and is now the stable currency of Peru.
Current Use
The Nuevo Sol is widely used in everyday transactions, banking, and financial markets in Peru. It is subdivided into 100 céntimos and remains the country's primary legal tender.