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 CAD998.26337797934 KRW
2 CAD1 996.52675595868 KRW
3 CAD2 994.79013393802 KRW
4 CAD3 993.05351191736 KRW
5 CAD4 991.3168898967 KRW
6 CAD5 989.58026787604 KRW
7 CAD6 987.84364585538 KRW
8 CAD7 986.10702383472 KRW
9 CAD8 984.37040181405 KRW
10 CAD9 982.63377979339 KRW
100 CAD99 826.33779793394 KRW
200 CAD199 652.67559586788 KRW
300 CAD299 479.01339380183 KRW
400 CAD399 305.35119173577 KRW
500 CAD499 131.68898966971 KRW
600 CAD598 958.02678760365 KRW
700 CAD698 784.36458553759 KRW
800 CAD798 610.70238347153 KRW
900 CAD898 437.04018140548 KRW
1 000 CAD998 263.37797933942 KRW
2 000 CAD1 996 526.75595867884 KRW
5 000 CAD4 991 316.88989669709 KRW
10 000 CAD9 982 633.77979339418 KRW
20 000 CAD19 965 267.55958678836 KRW
50 000 CAD49 913 168.89896697089 KRW
100 000 CAD99 826 337.79793394178 KRW
Last updated May 20, 2025 at 03:55 PM