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 038.40997997124 KRW
2 CAD2 076.81995994248 KRW
3 CAD3 115.22993991372 KRW
4 CAD4 153.63991988495 KRW
5 CAD5 192.04989985619 KRW
6 CAD6 230.45987982743 KRW
7 CAD7 268.86985979867 KRW
8 CAD8 307.27983976991 KRW
9 CAD9 345.68981974115 KRW
10 CAD10 384.09979971238 KRW
100 CAD103 840.99799712385 KRW
200 CAD207 681.9959942477 KRW
300 CAD311 522.99399137154 KRW
400 CAD415 363.99198849539 KRW
500 CAD519 204.98998561924 KRW
600 CAD623 045.98798274309 KRW
700 CAD726 886.98597986694 KRW
800 CAD830 727.98397699079 KRW
900 CAD934 568.98197411463 KRW
1 000 CAD1 038 409.97997123848 KRW
2 000 CAD2 076 819.95994247697 KRW
5 000 CAD5 192 049.89985619241 KRW
10 000 CAD10 384 099.79971238483 KRW
20 000 CAD20 768 199.59942476966 KRW
50 000 CAD51 920 498.99856192415 KRW
100 000 CAD103 840 997.99712384829 KRW
Last updated April 25, 2025 at 11:55 PM