The won (KRW) is the official currency of North and South Korea. Its name comes from the Chinese yuan. The currency sign is ₩ (letter W crossed out by 2 horizontal lines). It is used to refer to both the North and South Korean won, however their international codes are different. Today, South Korea has a floating exchange rate regime. Inflation indicators serve as a criterion for the effectiveness of the exchange rate policy.
Today, banknotes are valid for 1,000, 2,000, 5,000, 10,000 and 50,000 won and coins for 1, 5, 10, 50, 100 and 500 won. Coins of 1 and 5 won are rare, calculations are allowed to be rounded up to 10 won.
Top KRW casino online
GambleFAQ is always happy to see Korean players on its website! Here you can find many casinos that accept players from Korea. Use KRW currency for deposits and withdrawals and enjoy a fun gambling experience!