KRW meaning in Banking ?

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What is South Korean Won mean?

The South Korean won (; Korean: 원, Korean pronunciation: [wʌn]; symbol: ; code: KRW) or Korean Republic won (Korean: 대한민국 원) is the official currency of South Korea. A single won is divided into 100 jeon, the monetary subunit. The jeon is no longer used for everyday transactions, and it appears only in foreign exchange rates. The won is issued by the Bank of Korea, based in the capital city of Seoul.

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Posted on 21 Oct 2024, this text provides information on Miscellaneous in Banking related to Banking. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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