Convert South Korean Won to Iranian Rial
Please provide values below to convert South Korean Won [KRW] to Iranian Rial [IRR], or Convert Iranian Rial to South Korean Won.
How to Convert South Korean Won to Iranian Rial
1 KRW = 0.032578856324338 IRR
Example: convert 15 KRW to IRR:
15 KRW = 15 × 0.032578856324338 IRR = 0.48868284486507 IRR
South Korean Won to Iranian Rial Conversion Table
| South Korean Won | Iranian Rial |
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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.
Iranian Rial
The Iranian Rial (IRR) is the official currency of Iran, used for everyday transactions and pricing within the country.
History/Origin
The Iranian Rial was introduced in 1932, replacing the Iranian Toman. It has undergone several redenominations and inflation periods, with the current form established in 2002 to address hyperinflation.
Current Use
Today, the IRR is the primary currency used in Iran for all financial transactions, though the currency experiences high inflation and is often used alongside other forms of payment such as digital currencies and foreign currencies in certain contexts.