CAD to KRW Exchange Rate - Convert Canadian Dollar to South Korean Won

Converting from Canadian Dollar (CAD) to South Korean Won (KRW)

What is Canadian Dollar (CAD)

The Canadian Dollar (CAD) is the official currency of Canada. It is symbolized by the dollar sign ($) and often denoted as C$ to differentiate it from other dollar-denominated currencies. The CAD is divided into 100 cents. The Canadian dollar is one of the world's most traded currencies and holds a prominent place in the global financial system.

The CAD is characterized by its stability and is considered a commodity currency, which means its value is influenced significantly by Canada’s natural resources, such as oil, minerals, and lumber. For example, during periods when oil prices are high, the value of the CAD may rise due to increased revenues from energy exports.

Canadian banks issue various denominations of banknotes including $5, $10, $20, $50, and $100 bills. Coins, known as loonies (for the $1 coin) and toonies (for the $2 coin), are also commonly used in everyday transactions. The Bank of Canada is responsible for the issuance and regulation of the currency, ensuring its integrity and stability.

What is South Korean Won (KRW)

The South Korean Won (KRW) is the official currency of South Korea. It is represented by the symbol ₩ and is subdivided into 100 jeon, although the jeon is rarely used in everyday transactions. The KRW is managed by the Bank of Korea, which is responsible for the currency's issuance and monetary policy.

The South Korean economy is known for its rapid growth and technological advancements, making the Won a significant currency in East Asia. The value of the KRW can fluctuate based on various factors, including international trade, economic indicators, and geopolitical events.

South Korea issues both banknotes and coins. Banknotes come in denominations of ₩1,000, ₩5,000, ₩10,000, and ₩50,000. Coins are available in ₩1, ₩5, ₩10, ₩50, ₩100, and ₩500 denominations. The KRW is heavily influenced by South Korea's export-driven economy, which includes major industries like electronics, automobiles, and shipbuilding.

Currency Conversion

When converting CAD to KRW, one must be aware of the prevailing exchange rates. As of the most recent data, the exchange rate may be subject to fluctuations due to changes in the global market. For current rates, it is advisable to consult financial news or currency exchange platforms.

The formula to convert CAD to KRW can be expressed mathematically as:

Amount in KRW = Amount in CAD × Exchange Rate (CAD to KRW)

If you are looking to convert your Canadian dollars to South Korean won or vice versa, it is essential to stay updated on the latest exchange rates to optimize your conversions. Whether traveling, studying, or investing, understanding these currencies will help you navigate your financial transactions more effectively.

Canadian Dollar to South Korean Won conversion table

CAD to KRW conversion table

Canadian Dollar (CAD)South Korean Won (KRW)
1 CAD1 027.61742565379 KRW
2 CAD2 055.23485130757 KRW
3 CAD3 082.85227696136 KRW
4 CAD4 110.46970261515 KRW
5 CAD5 138.08712826893 KRW
6 CAD6 165.70455392272 KRW
7 CAD7 193.32197957651 KRW
8 CAD8 220.9394052303 KRW
9 CAD9 248.55683088408 KRW
10 CAD10 276.17425653787 KRW
100 CAD102 761.7425653787 KRW
200 CAD205 523.48513075739 KRW
300 CAD308 285.22769613609 KRW
400 CAD411 046.97026151479 KRW
500 CAD513 808.71282689348 KRW
600 CAD616 570.45539227218 KRW
700 CAD719 332.19795765088 KRW
800 CAD822 093.94052302957 KRW
900 CAD924 855.68308840827 KRW
1 000 CAD1 027 617.42565378697 KRW
2 000 CAD2 055 234.85130757393 KRW
5 000 CAD5 138 087.12826893483 KRW
10 000 CAD10 276 174.25653786967 KRW
20 000 CAD20 552 348.51307573933 KRW
50 000 CAD51 380 871.28268934833 KRW
100 000 CAD102 761 742.56537869666 KRW
Last updated April 30, 2025 at 09:55 AM