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 KRW0.00252873681 ILS
2 KRW0.00505747362 ILS
3 KRW0.00758621043 ILS
4 KRW0.01011494725 ILS
5 KRW0.01264368406 ILS
6 KRW0.01517242087 ILS
7 KRW0.01770115768 ILS
8 KRW0.02022989449 ILS
9 KRW0.0227586313 ILS
10 KRW0.02528736812 ILS
100 KRW0.25287368116 ILS
200 KRW0.50574736232 ILS
300 KRW0.75862104348 ILS
400 KRW1.01149472463 ILS
500 KRW1.26436840579 ILS
600 KRW1.51724208695 ILS
700 KRW1.77011576811 ILS
800 KRW2.02298944927 ILS
900 KRW2.27586313043 ILS
1 000 KRW2.52873681159 ILS
2 000 KRW5.05747362317 ILS
5 000 KRW12.64368405794 ILS
10 000 KRW25.28736811587 ILS
20 000 KRW50.57473623175 ILS
50 000 KRW126.43684057937 ILS
100 000 KRW252.87368115874 ILS
Last updated April 3, 2025 at 11:55 PM