All You Need To Know About Korean Currency Rate And Money

May 19, 2023

Last Updated on: Aug 22, 2025

Travel Guides

For avid travelers and investors, the Korean currency rate can be a fascinating topic of discussion. Understanding the fluctuations of the won against other currencies can give insights into its economy.

Likewise, it could say much about Korea’s political developments and investors’ sentiment in the market.

This article will explore everything about the Korean currency rate. As such, we will cover the basic conversion rates to the impact of major events on the Korean economy.

History Of Korean Currency

South Korean currency has rich historical data that dates back to the early dynasties of Korea. It all started with the use of cowry shells and pearls as currency. As time passed, metal coins and paper money became popular.

The Japanese occupation of Korea introduced the Japanese yen as the official currency. Yet, in 1945, the Korean won was introduced and became the official currency.

Interestingly, the won was initially divided into 100 jeon, but the jeon was eliminated in 1960. The won has undergone many transformations to ensure price stability and economic growth. In modern times, the South Korean won is the official currency used in South Korea.

Today, the value of the South Korean won fluctuates with the global exchange rates. It’s one of the world’s top 20 currencies by value.

Current South Korean Won Exchange Rate

Knowing the latest exchange rate for the Korean won can be helpful in budgeting and forecasting your finances. As of January 2023, the exchange rate for Korean won is fluctuating depending on the global market and demand.

Below are some of the latest conversion rates:

  • 1 US dollar = 1,315.29 Korean won (USD to KRW)
  • 1 Australian dollar = 893.35 Korean won (AUD to KRW)
  • 1 Chinese yuan = 192.07 Korean won (CNY to KRW)
  • 1 Japanese yen = 9.90 Korean won (JPY to KRW)

However, exchange rates may vary depending on banks’ locations and policies.

Check exchange rates online through various currency converter websites to ease the currency conversion. Alternatively, download an exchange rate or currency calculator app. With these tools, you can convert your dollars to South Korean won (USD – KRW) or any other currency at the current rate.

Banknotes And Coins

Banknotes and coins in South Korea are not only used for daily transactions. Yet, they also hold significant cultural value. As such, these banknotes come in different denominations and colors.

For instance, the 1,000-won note features a Confucian scholar. Then, the 10,000 won note features Admiral Yi Sun-sin, known for his naval victories against Japan.

Meanwhile, the 50,000 won note features Shin Saimdang, a prominent female artist. Besides that, she was the mother of the famous Korean painter Yi I. These banknotes represent important historical figures and showcase various artistic designs.

Similarly, Korean coins are equally fascinating, with 10, 50, 100, and 500 won denominations. Each coin features a different symbol that holds cultural significance.

The 500-won coin features the portrait of King Sejong, who invented the Korean alphabet. Meanwhile, the 100-won coin features the image of a crane, symbolizing longevity and good fortune in Korean culture.

When visiting South Korea, carry some local currency as most stores prefer cash transactions. Foreign exchange markets are available in major cities, but it is crucial to know exchange fees as they vary.

Overall, banknotes and coins in South Korea hold monetary value and capture the country’s cultural heritage. Visit the Bank of Korea to learn more about their banknotes and coins.

Money-Handling And Etiquette

As with any country, knowing the cultural norms when handling money in South Korea is good. As such, for Koreans, money is not just a means but a representation of energy.

Below are some key points to note:

  • Cleanliness is crucial. Many Koreans believe money represents energy and keep their bills and coins as clean as possible. Hence, you will rarely see crumpled or dirty bills in circulation. Besides that, many Koreans carry cash and coins in wallets and change purses. For them, it is not just a convenient way to have cash but a way to keep it clean and maintain the money’s energy.
  • Respectful giving and receiving. When giving or receiving money, using both hands for respect is customary. This act is particularly true when exchanging money with older people or of a higher status than you.
  • No throwing or placing on the floor. Throwing money or putting it on the floor is considered disrespectful. If you drop a coin or bill, pick it up immediately. Likewise, people usually place money on a designated tray or hand it directly to the receiver.
  • Cash vs. Card. Credit cards are widely accepted in Korea. Yet, having some Korean won for small transactions or in areas that only accept cash is always good.

Keep this Korean currency rate information. Doing so will allow you to navigate financial transactions in South Korea with ease and respect for the country’s cultural norms.

Read Also:

Share on Social Media

Abdul Aziz Mondol is a professional blogger who is having a colossal interest in writing blogs and other jones of calligraphies. In terms of his professional commitments, he loves to share content related to business, finance, technology, and the gaming niche.

Leave a Reply

Your email address will not be published. Required fields are marked *

title-img Related

READ MORE Sky Harbor

Sky Harbor Airport Parking Made Easy: Insider Tips For A Smooth Journey

BY  Arnab Jul 3, 2023

Welcome to On Air Parking! We understand that finding affordable and convenient parking can be a stressful experience for travelers. That's why we've taken the hassle out of the process by finding the perfect parking spots in Sky Harbor, Phoenix AZ. Our goal is to make your travel experience as smooth and stress-free as possible. By providing affordable parking options near popular travel destinations, we aim to help you save money and time so you can focus on enjoying your trip. We know that parking can be a major headache, especially in busy cities. That's why we've partnered with trusted parking providers to ensure that you have access to safe and secure parking facilities. Our team has done the research and legwork to find the best parking options in Phoenix, so you can rest assured that your vehicle is in good hands while you're away. Don't let the stress of finding parking ruin your travel plans. With On Air Parking, you can book your parking spot in advance and arrive at your destination knowing that your parking is taken care of. We're here to make your travel experience as seamless as possible, so you can focus on creating lasting memories. It is important to note that On Air Parking is not a physical parking lot. On Air Parking is an online service that helps travelers find the perfect parking spots for all destinations. Whether it be airport parking, city parking, or long-term, and short-term parking, On Air Parking delivers the best solutions to your parking needs. Today we will be exploring the safest, most cost-friendly, most reliable, and most accessible parking options at Sky Harbor Airport, Phoenix AZ. Tips for a Smooth Journey Traveling can be a stressful experience, especially when it comes to finding parking. For those heading to Sky Harbor Airport in Phoenix, AZ, the search for affordable parking can be overwhelming. Luckily, On Air Parking has come up with a list of tips to make the process a little bit easier. Tip #1: Book in Advance with On Air Parking One of the most important tips is to book your parking reservation in advance. This not only ensures that you have a guaranteed spot but also saves you the stress of having to find a spot when you arrive. On Air Parking offers a simple and easy-to-use website where you can find the perfect spot for your needs. Tip #2: Allow On Air Parking to handle the Stress of Parking for You Another great tip is to let On Air Parking handle the stressful job of finding parking for you. With their experience and knowledge of the area, they can help you find the best parking options that fit your budget and needs. This takes the pressure off of you and allows you to focus on your trip without worrying about parking. On Air Parking has found Sky Harbor Airport parking for as low as $4.99 for a daily rate. Feel free to follow this link: Sky Harbor Airport Parking, and view the reviews that happy travelers have posted about this parking spot that On Air Parking has found for them. In addition to these tips, On Air Parking also offers affordable rates that are significantly lower than what you would pay if you waited to find parking on the day of arrival. This means that you can save money while still enjoying the convenience of being close to the airport. Overall, the tips provided by On Air Parking make finding affordable parking near and around Sky Harbor Airport a breeze. By booking your reservation in advance, finding the perfect spot on their website, and letting them handle the stressful job of finding parking for you, you can enjoy a stress-free travel experience. So next time you're heading to Sky Harbor Airport, check out On Air Parking for all your parking needs. In conclusion, On Air Parking is the perfect solution for travelers who are looking for affordable and convenient parking options near Sky Harbor Airport in Phoenix, AZ. With its user-friendly website, On Air Parking makes it easy for travelers to find and book parking spaces at discounted rates. The website provides travelers with a variety of parking options to choose from, including covered and uncovered parking spaces, shuttle services, and even valet parking. On Air Parking's commitment to customer satisfaction is evident in the high ratings and positive reviews from satisfied travelers. The company provides excellent customer service, ensuring that travelers have a stress-free parking experience. You can reserve your parking options online with On Air Parking, and if you need to talk to someone and need assistance with your parking arrangements, please feel free to call our customer service line at (888) 48-PARKING (888-487-2754) or send a text to (424) 532-8940 for assistance regarding your parking arrangements. Additionally, On Air Parking's partnership with reputable parking providers ensures that travelers can trust the safety and security of their vehicles while parked. With On Air Parking, travelers can save time and money while enjoying a hassle-free parking experience. Overall, On Air Parking is a reliable and trustworthy choice for travelers who are looking for the best parking options near Sky Harbor Airport. Read Also: Using Google Flights To Find Cheap Flights In 2023? All That You Need To Know! How To Save Money By Using Cheap Parking Near O’Hare Airport? Alsi Resort – Overview, Reviews, Pros, And Cons

READ MORE Closest beach to Knoxville, TN

The Closest Beach To Knoxville, TN: Know The Best Getaways

BY  Sibashree Sep 20, 2023

Does Tennessee have a beach? No, it does not.  For the longest time, I have been planning a long beach holiday. And something or else will always turn up ruining the plan.  The kids have their exams and there are family commitments. So, our beach vacation was always limited to Douglas Lake or Cherokee Lake.  However, I had done my research on the closest beach to me and this time, we had a long weekend.  So our road led to Sullivan’s Island, the closest beach to Knoxville, TN. Having said that, there are many beaches near Knoxville TN.  For example, Myrtle Beach in South Carolina is one of the most popular ocean beaches near Tennessee. We also have Folly Beach in South Carolina and Oak Island in North Carolina.  In today’s Tour and Travel blog, we will talk about the beaches close to Knoxville TN, and tell you why they are most suitable for the ultimate Tennessee beach vacation. What Is The Closest Beach To Knoxville Tennessee?  Our journey to the closest beaches to Knoxville TN will start from Sullivan’s Island, as promised.  However, before taking you on a tour of these beaches, I wanted to share the best time to visit the closest beach from Knoxville TN.  Knoxville primarily has two tourist seasons. You can visit the closest beach to Knoxville, TN between March and June and September to November.  So, let’s begin the ultimate Knoxville beach journey. Here we go!  1. Sullivan’s Island, South Carolina Distance from Knoxville: 380.4 Miles Travel Time: 6 Hours I was looking for ocean beaches within 6 hours of me, and I found out Sullivan’s Island. It is a barrier island with an area of around 8.91 km².  Further, Sullivan’s Island, the closest beach to TN, stands out with its local history. It has Fort Moultrie, built in 1776 and it still tells the story of how it protected the city from the cannonball attacks of the warships.  Moreover, Sullivan’s Island is important in the history of literature. Edgar Allan Poe was stationed at Fort Moultrie between November 1827 to December 1828. 2. Myrtle Beach, South Carolina Distance from Knoxville: 412 Miles Travel Time: 6 Hours 46 Minutes Sitting in Knoxville, I was looking for beaches within 7 hours of me. I found the name of Myrtle Beach in South Carolina.  Myrtle Beach is nothing short of a fantasy island and it was once the hub of pirates. Further, Myrtle Beach is associated with the Indigenous people and roaming ghosts.  A visit to Myrtle Beach is incomplete without exploring the Ripley’s Aquarium of Myrtle Beach. Further, you must spend some time at the Myrtle Beach State Park, and Myrtle Beach Pinball Museum.  3. Folly Beach, South Carolina Distance from Knoxville: 383 Miles Travel Time: 6 Hours 35 Minutes  Folly Beach, one of the closest beaches to Knoxville, is the ultimate destination to stay, eat, play. and explore!  Further, life on Folly Beach revolves around outdoor activities. From a casual stroll on the beach to more adventurous activities like surfing, boating, kayaking, and biking, Folly Beach offers you the opportunity to enjoy the best beach vacation.  Moreover, Folly Beach is a wonderful melting pot of modern entertainment and exploring wildlife. You can attend the Annual Folly Festivals and take part in birdwatching and exploring wildlife.  Blu Restaurant And Bar, Bert's Market, and Bounty Bar are some popular places to eat on Folly Beach.  4. Kiawah Island, South Carolina Distance from Knoxville: 396.5 Miles Travel Time: 6 Hours 30 Minutes Kiawah Island with a majority of marshland, is located at a distance of 6 hours and 16 minutes by car from Knoxville.  To emphasize the adventure, let me tell you that the beach is often used for native wildlife watching! Several locations across the beach are perfect if you are looking for wildlife spotting! The two locations popular for this purpose on the beach are Canvasback Duck Pond and Marsh Island Park. What’s more, there are two scenic observation towers in Kiawah where you will get a 360-degree view of the sea and land!  If you are a hiker or like to bike, this beach is perfect! They have natural paths for these types of adventures. For accommodation, there is a private 2nd story deck that you can rent to enjoy some stunning ocean views.  There is one popular restaurant called Jasmine Porch where you can splurge on good food, especially the Low-country favorites such as shrimp and grits, she-crab bisque, fresh seafood, po’boys, and burgers! 5. Isle Of Palms, South Carolina Distance from Knoxville: 383 Miles Travel Time: 6 Hours 30 Minutes There is a playground for children, so this is the perfect destination if you have kids.  There is also a picnic area, so if you plan to spend the whole day out, you can go to this beach. For accommodation, there is a single-family cottage which is well decorated! Food is another important part of the vacation, so I suggest the Sea Biscuit Cafe! Try out the seafood omelets, shrimp, and gravy because these are the low-country options. 6. Hilton Head, South Carolina Distance from Knoxville: 411 Miles Travel Time: 6 Hours 32 Minutes You have to visit this beach for the best sunsets across the water! In a distance of 6 hours, 26 minutes from Knoxville, the coastal paradise is someplace to be visited.  If you are planning on staying the night, there is a resort rental that you can book. You can enjoy the outdoor and indoor pool, a tiki bar, etc. You must catch the coastal area food, especially crab cakes, sandwiches, shrimp, grits, and salads.  7. Oak Island, North Carolina Distance from Knoxville: 441.5 Miles Travel Time: 7 Hours 14 Minutes If you are looking for a scenic beach, Oak Island is the place to visit for all adventurous activities.  Water sports are quite famous here, along with that, you can see Fort Caswell, used in the 1800s and 1900s. This is one of the beaches near Knoxville TN! You will take 7 hours and 8 minutes to reach the beach and can visit the island lighthouse, which is situated just beside the fort.  There is a perfect walk to enjoy Oak Island Nature Center at the beach, so if you are a nature lover, you know where to go! Further, adventures such as kayaking are the thing to do as an outdoor adventure sport. Many family homes and rentals are at a distance of the March beach, providing incredible views across the beach. If you visit the beach, you must try out scrumptious food items such as steak, chicken, and pasta, apart from the delicious seafood. 8. Wrightsville Beach, North Carolina Distance from Knoxville: 442 Miles The beach is a little farther from Knoxville, TN, as it takes about 7 hours and 23 minutes.  There are three beaches in Wilmington: Kure, Carolina, and Wrightsville. All the beaches qualify as some of the best beaches near Knoxville. Apart from common activities such as shopping and dining, there are interesting activities to perform, such as going on catamaran cruises, visiting the History Museum, and attending fairs and seasonal festivals. The Fred and Alice Stanback Coastal Education Center organizes educational programs and treasure hunts for children.  IIn terms of food, you will find some of the best cheeseburgers at this closest beach to Knoxville, TN! If you are a picky eater, you will find various options, from steaks to seafood platters. 9. Kure Beach, North Carolina, Closest Beach To Knoxville, TN Distance from Knoxville: 449.5 Miles Travel Time: 7 Hours 30 Minutes The beach at Kure is beautiful, apart from the North Carolina Aquarium, which is situated at Fort Fisher.  Significant features are located at the beach, such as a nature play area, an adventure reef, and touch tanks. This beach is located at a distance of 7 hours and 31 minutes.  Apart from the beach, you can also visit places such as the historical site of the Civil War Museum, the Fort Fisher State Site, beach cruises, a dog park, and a playground in front of the beach. You cannot miss the food such as burgers, sandwiches, seafood and pasta! I am already drooling! 10. Tybee Island, Georgia: Closest Beach To Knoxville, TN Distance from Knoxville: 434 Miles Travel Time: 7 Hours The beach is located at a distance of 6 hours and 55 minutes by road from Knoxville. Some of the place’s main attractions are the restaurants and the quaint little shops.  The beach is popular for people finding their relaxing haunt near Tennessee. Considering, it is the closest beach to Tennessee! It is a low-key beach situated just outside of Savanah! Apart from relaxing on the beach, you can also access different amenities in Savanah, such as museums, historic architecture, upscale shops, ghost tours, and other attractions perfect for family outings. Beautiful rentals are close to the beach and a 1-minute distance from where you can enjoy some stunning visuals.  The food available in and around the place is quite popular! One such restaurant is located near the waterfront called Bubba Gumbo. The seafood Gumbo is their signature dish! You can also order fried fish, jambalaya, burgers, and crab cakes. They also popularly serve shrimp. 11. Simon’s Island, Georgia: Closest Beach To Knoxville, TN Distance from Knoxville: 491.2 Miles Travel Time: 7 Hours 32 Minutes The beach is situated at a distance of 7 hours and 42 minutes from Knoxville, TN! The beach Oasis is a perfect place to relax, especially with all the amenities present to make your life easier.  The Neptune Park Fun Zone here is for family attractions. You can also find a store to rent accessories for water sports restaurants, and several shops provide you with good food and the necessary equipment for the beach vacation, such as sunscreen, sunglasses, and others. There is one family beach rental along with its private swimming pool. The rental can host a family, which is pretty close to the lighthouse.  You cannot miss the delicious food available on this closest beach to Knoxville, TN! Once such a restaurant opens, Porch offers fried catfish, shrimp, and fried chicken. Read Also: Top 8 List Of National Parks In North Carolina – Travel Guide Closest Beach To Nashville – Top 10 Beaches You Can Visit Top 10 Beaches In Gloucester In Massachusetts – Travel Guide The Perfect Getaway: Discovering The Closest Beach To Disney World!

READ MORE Campbell Island

What Is Campbell Island/ Motu Ihupuku Known For? Tour Of An Isolated Sanctuary In New Zealand

BY  Sibashree Jun 30, 2025

Campbell Island, a UNESCO World Heritage Site, is home to sea lions and many other species of endangered animals and birds.  However, the Department of Conservation (DOC) has identified that growing temperatures in this region and increased rainfall are posing threats to the rich ecosystem here.  “Extensive rainfall events and slips will potentially have the biggest impact on nesting birds. We’d also like to find out more about how sea level rise and storm surges will affect sea lions.” - Drew Bingham, Principal Science Advisor, the Department of Conservation.  It’s indeed a grave concern, as it is home to many marine and terrestrial animals and is even crucial for global environmental conservation.  Also, it has fascinating stories of history and human intervention to share. So, the changing weather conditions of the island put a lot at stake.  Nevertheless, Campbell Island is a popular destination for tourists seeking adventures in the subantarctic zones. Hundreds of people visit this destination every year.  And in this Tour and Travel Blog, we will discuss what’s so special in Campbell Island, a fascinating story of shark attack and survival, and everything else you need to know.  What Is The Best Time To Visit Campbell Island?  One of the best Subantarctic Islands of New Zealand, Campbell Island, is ideal for a visit from November to March. These months make the island ideal for traveling because of: Long daylight hours Mild weather and calmer sea Ideal for cruising along the coastline Great for spotting wildlife such as seals, penguins, and albatrosses Moreover, the temperature in these months ranges between 5 and 12 degrees Celsius.  Do you want to know more about the weather of Campbell Island throughout the year? Have a look at the table below. MonthsHighest TemperatureLowest TemperatureDays of RainfallJanuary13616February12714March11617April10518May9420June7319July7218August6419September7318October8420November9517December11616 What Is Campbell Island Famous For? Know Why It Is Worth The Adventurous Journey Captain Frederick Hasselburgh discovered Campbell Island in 1810. With time, it became an important location for scientific observation, whaling, and sealing.  It was also used as a coastwatching station after World War II. With time, Campbell Island became a UNESCO World Heritage Site, and today, it has emerged as a popular subantarctic region for the following reasons.  1. Dramatic Geographical Features  Area: 113 Square Kilometers Population: Uninhabited Shape: Oval Highest Point: Mount Honey (568 Meters) The uninhabited Campbell Island features deep coastal bays, rocky outcrops, and steep cliffs.  Further, thanks to its volcanic origin and the cooling and solidification of lava over a million years, this island has geographical features such as: Peat bogs Freshwater lakes  Volcanic craters Furthermore, due to its volcanic origin, this island has become home to many unique ecosystems uncommon in the subantarctic region.  2. Campbell Island And Its Rich Natural Heritage Campbell Island has many endangered species of plants and animals. They have contributed to the biodiversity of the island.  Campbell Island cabbage (Azorella selago) is the most prominent name when we talk about the diversity of flora on the island. It worked as a source of food for explorers and settlers.  Among the endangered fauna here, the Campbell Island teal birds are the most prominent. Other popular species are the yellow-eyed penguin, petrels, and albatross.  Furthermore, elephant seals, dolphins, and various species of fish here speak volumes about the rich marine life.  3. Conservation And Restoration Efforts In Campbell Island The New Zealand government established the Campbell Island Nature Reserve in 2001. It banned human habitation and various development works here.  Also, the Department of Conservation has played a critical role in protecting the delicate ecosystem of the island.  In this context, the rat eradication program from 2001-2003 has been a milestone achievement.  With all these conservation efforts, the island now has a growing bird population. Also, many other islands have taken Campbell Island as the benchmark for ecological restoration and development. What Are The Things To Do In Campbell Island?  A close interaction with nature and adventurous activities have been the best things to do on Campbell Island.  You can also enjoy a cruise tour along the coastline.  Things to Do in Campbell IslandWhat’s So Special about Them?Birdwatching• Southern royal albatrosses (Campbell Island is home to the largest breeding population.)• Black-browed albatrosses• Grey-headed albatrosses• Endangered bird species such as Campbell snipe and Campbell teal• Terns• Pipits• Giant petrelsA visit to the Campbell Island National ParkYou will love the tree ferns and orchids here. Zodiac cruisingCruise along the coastline to spot elephant seals and various bird species. Hiking to Mount HoneyOnce you reach the mountain top, you will love the panoramic view of the island. Hiking to Northwest BayIt is a 16-km hike to explore the natural landscape of the island. Col Lyall BoardwalkYou will spot Southern Royal Albatrosses as you walk the boardwalk.  Campbell Island Shark Attack: What Happened In 1992? Mike Fraser, a meteorologist from New Zealand, encountered a great white shark attack while snorkeling near Campbell Island.  The shark cut off his right forearm, and his left arm was also severely injured. After a dramatic rescue mission and a 2,000-kilometer helicopter flight, Mike Fraser was saved.  He then underwent prolonged medical treatment and got prosthetic arms. It’s great that he survived. Campbell Island: Frequently Asked Questions (FAQs) Here are the frequently asked questions and answers about Campbell Island.  1. Can You Go To Campbell Island? Yes, you can go to Campbell Island. However, due to the remote location of this UNESCO World Heritage Site, you have to visit the island on a guided expedition cruise. You can also visit the island on a helicopter.  2. How Many People Live On Campbell Island? There is no permanent human population on Campbell Island.  3. Is Campbell Island Predator Free? Yes, Campbell Island is predator-free. It had the largest rat eradication movement from 2001 to 2003. In May 2003, the Department of Conservation declared Campbell Island predator-free.  4. Does It Snow On Campbell Island? Yes, the high peaks of Campbell Island, with Mount Honey being the highest, experience snowfall during spring and winter.  Read Also: Exploring the Virgin Islands: Must-See Spots You Can Visit by Boat and St John Rentals Complete Guide To The Egadi Islands: What to See, Do, And Taste Paradise Islands: Discovering Italy’s Hidden Gems