South Korea

South Korean won

대한민국 원 · In circulation in South Korea

ISO code
KRW
Symbol
Minor unit
none
Notes
5
Coins
6
Issued by
Bank of Korea

Notes and coins in circulation

South Korean won: what each denomination is worth
Coins₩1<$0.001₩5$0.004₩10$0.007₩50$0.04₩100$0.07₩500$0.36

The South Korean won’s largest current denomination is ₩50,000, worth about $36.35: the 64th most valuable top note among the 150 circulating currencies we have verified, where the median is $27.18.

ATM commonly dispensed by cash machines

Bars are scaled to face value on a log scale, not to physical size. Shading indicates value: we have not verified this issuer’s colours. Converted at mid-market reference rates; what a counter pays is always less.

Getting cash

Korean cash machines usually dispense 10,000 won notes, and increasingly 50,000s. The 50,000 is the largest denomination and the newest, so older machines and some vending equipment still do not handle it.

What it is worth

Currency1 KRW =1 unit =
USD 0.00073 USD 1,376 KRW
EUR 0.00063 EUR 1,578 KRW
GBP 0.00054 GBP 1,840 KRW
INR 0.0697 INR 14.35 KRW

Mid-market reference rates, snapshot 22 September 2026: indicative only. What you actually receive is always less. Work out the real cost →

Where it is used

Practical guides

Carrying cash

Taking cash in and out of South Korea →

Declaration thresholds, the form to file, and the penalty for not declaring.

Tools

Calculator

What exchanging costs →

Paste the rate you were quoted and see the gap against mid-market.

Checker

Do I need to declare it? →

Both legs of any route: where you leave and where you arrive.

Checker

Is a torn note still valid? →

How much must survive, and who pays out.

Printable

One-page cash sheet →

Notes, border limits and damaged-note rules, on a page you can fold.

Sources: last verified 22 September 2026 secondary sourced