EUR to KRW Exchange Rate - Convert Euro to South Korean Won

Converting from Euro (EUR) to South Korean Won (KRW)

What is Euro (EUR)

The Euro (EUR) is the official currency of the Eurozone, which consists of 19 of the 27 European Union member countries. It was introduced in 1999 as an electronic currency and began circulating as cash in 2002. The Euro is one of the most widely used currencies in the world and is the second-most traded currency after the United States Dollar (USD).

The symbol for the Euro is € and its subunit is the cent, where 1 Euro equals 100 cents. The European Central Bank (ECB) is responsible for managing the Euro and maintaining its value.

The Euro plays a critical role in global economics and is used in international trade, investments, and foreign exchange markets. Its value can fluctuate based on various factors, including economic data, political stability, and market sentiment. When converting from Euro to other currencies, understanding the current exchange rate is essential, as it affects how much you receive in the other currency.

What is South Korean Won (KRW)

The South Korean Won (KRW) is the official currency of South Korea, and its symbol is ₩. One Won is divided into 100 jeon, although the jeon is rarely used in everyday transactions. The South Korean Won was introduced in 1945, replacing the Korean yen.

The Bank of Korea is the central bank responsible for issuing and managing the currency. The Won is considered a relatively stable currency and plays an essential role in the region's economy. South Korea has one of the world's largest economies, heavily influenced by its advanced technology sector and strong manufacturing base.

When converting from Euro to Korean Won, exchange rates are crucial. The value of the Won can fluctuate based on economic performance, interest rates, and geopolitical factors. The exchange rate can be expressed as:

Value in KRW = Value in EUR × Exchange Rate (EUR to KRW)

For those who are planning to travel to South Korea or engage in international trade, understanding how to convert Euro to Won is vital. You can obtain the exchange rate from various financial institutions and online platforms. Always ensure you're using reliable sources to get accurate and updated rates.

When converting currencies, it's worth noting that currency exchange services may charge fees or provide slightly different rates than the market rate. Always check multiple sources to ensure you are getting the best deal when converting your Euros to Korean Won.

In conclusion, understanding the Euro and South Korean Won is important for travelers, businesses, and investors alike. Keeping updated on exchange rates and economic conditions can help you make better financial decisions.

Euro to South Korean Won conversion table

EUR to KRW conversion table

Euro (EUR)South Korean Won (KRW)
1 EUR1 561.30756661171 KRW
2 EUR3 122.61513322342 KRW
3 EUR4 683.92269983513 KRW
4 EUR6 245.23026644684 KRW
5 EUR7 806.53783305856 KRW
6 EUR9 367.84539967027 KRW
7 EUR10 929.15296628198 KRW
8 EUR12 490.46053289369 KRW
9 EUR14 051.7680995054 KRW
10 EUR15 613.07566611711 KRW
100 EUR156 130.75666117111 KRW
200 EUR312 261.51332234222 KRW
300 EUR468 392.26998351333 KRW
400 EUR624 523.02664468445 KRW
500 EUR780 653.78330585556 KRW
600 EUR936 784.53996702667 KRW
700 EUR1 092 915.29662819778 KRW
800 EUR1 249 046.05328936889 KRW
900 EUR1 405 176.80995054 KRW
1 000 EUR1 561 307.56661171111 KRW
2 000 EUR3 122 615.13322342223 KRW
5 000 EUR7 806 537.83305855557 KRW
10 000 EUR15 613 075.66611711114 KRW
20 000 EUR31 226 151.33223422228 KRW
50 000 EUR78 065 378.33058555571 KRW
100 000 EUR156 130 756.66117111142 KRW
Last updated May 16, 2025 at 11:55 PM