KRW to ILS Exchange Rate - Convert South Korean Won to Israeli Shekel

Converting from South Korean Won (KRW) to Israeli Shekel (ILS)

What is South Korean Won (KRW)

The South Korean Won (KRW) is the official currency of South Korea. It is often symbolized as ₩ and is divided into 100 jeons, although the jeon is not widely used in everyday transactions. The Bank of Korea, the country's central bank, is responsible for issuing and managing the currency.

The history of the won dates back to the late 19th century, but the modern version of the currency was introduced in 1953 after the Korean War. The won has seen fluctuations and adjustments throughout its history, particularly during times of economic change. Today, the KRW is a stable currency that plays an essential role in both domestic and international trade.

In terms of coins, the South Korean won is available in denominations of 1, 5, 10, 50, 100, and 500 won, while banknotes exist in 1,000, 5,000, 10,000, and 50,000 won. When it comes to exchanges, the KRW can be traded on the global currency market, where its value may change against other currencies, including the Israeli Shekel (ILS).

What is Israeli Shekel (ILS)

The Israeli Shekel (ILS) is the currency of Israel and is usually represented by the symbol ₪. It is subdivided into 100 agorot. The Bank of Israel, which is the nation's central bank, is responsible for issuing and regulating the currency.

The shekel has its historical roots, with various forms of the currency existing since ancient times. The modern version of the shekel was introduced in 1985, replacing the old shekel at a rate of 1 new shekel to 1,000 old shekels. The Israeli Shekel is known for its stability, and it has gained recognition as a strong currency in the Middle East.

In terms of denominations, the ILS is available in coins of 10 agorot, 1, 2, 5, and 10 shekels, while notes are available in the denominations of 20, 50, 100, and 200 shekels. Its value in terms of other currencies, such as the KRW, can fluctuate depending on economic conditions, political stability, and market demand.

Converting KRW to ILS

For those looking to convert KRW to ILS, it's essential to keep track of the current exchange rates. Exchange rates can vary daily based on market conditions. To convert an amount from KRW to ILS, you can utilize the exchange rate formula:

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

For example, if the exchange rate is 0.0030, converting 100,000 KRW to ILS would be:

100,000 KRW × 0.0030 = 300 ILS

Several online currency converters can assist with real-time exchange rates, making it easier for individuals and businesses to understand the value of the South Korean Won in terms of Israeli Shekels.

South Korean Won to Israeli Shekel conversion table

KRW to ILS conversion table

South Korean Won (KRW)Israeli Shekel (ILS)
1 KRW0.00251373942 ILS
2 KRW0.00502747885 ILS
3 KRW0.00754121827 ILS
4 KRW0.0100549577 ILS
5 KRW0.01256869712 ILS
6 KRW0.01508243654 ILS
7 KRW0.01759617597 ILS
8 KRW0.02010991539 ILS
9 KRW0.02262365481 ILS
10 KRW0.02513739424 ILS
100 KRW0.25137394238 ILS
200 KRW0.50274788476 ILS
300 KRW0.75412182713 ILS
400 KRW1.00549576951 ILS
500 KRW1.25686971189 ILS
600 KRW1.50824365427 ILS
700 KRW1.75961759664 ILS
800 KRW2.01099153902 ILS
900 KRW2.2623654814 ILS
1 000 KRW2.51373942378 ILS
2 000 KRW5.02747884755 ILS
5 000 KRW12.56869711888 ILS
10 000 KRW25.13739423776 ILS
20 000 KRW50.27478847553 ILS
50 000 KRW125.68697118882 ILS
100 000 KRW251.37394237765 ILS
Last updated April 25, 2025 at 11:55 PM