KRW to KZT Exchange Rate - Convert South Korean Won to Kazakhstan Tenge

Converting from South Korean Won (KRW) to Kazakhstan Tenge (KZT)

What is South Korean Won (KRW)

The South Korean Won (KRW) is the official currency of South Korea. It is denoted by the symbol "₩" and has been in use since the end of Korean War in 1945, replacing the Korean yen. The won is divided into 100 jeon, although jeon coins are rarely used today due to their low value. The currency is issued by the Bank of Korea, which plays a crucial role in the country’s monetary policy.

The KRW is recognized globally and is often traded on various foreign exchange platforms. Its value is determined by multiple factors, including economic indicators, interest rates, and market sentiment. When it comes to international transactions, businesses and travelers must consider the current exchange rates between KRW and other currencies.

As a result, it's common for individuals or businesses seeking to convert KRW to another currency, such as Kazakhstan Tenge (KZT), to consult live currency converters. This process helps them understand how much they will receive in exchange rates that fluctuate frequently.

What is Kazakhstan Tenge (KZT)

The Kazakhstan Tenge (KZT) is the official currency of Kazakhstan, represented by the symbol "₸." Introduced in 1993 to replace the Russian ruble, the tenge was established to promote national sovereignty and economic independence. The tenge is divided into 100 tiyn; however, tiyn coins are not commonly used in financial transactions today.

The National Bank of Kazakhstan is responsible for issuing the tenge and regulating its value, much like other central banks around the world. The KZT's value is influenced by various domestic and international factors, including oil prices, inflation rates, and economic policies. Kazakhstan, being rich in natural resources, often sees its currency's strength closely tied to the global demand for oil and gas.

When converting KRW to KZT, exchange rates fluctuate due to market dynamics. For example, if the current exchange rate is $1 KRW = r KZT$, this means that for every South Korean Won you exchange, you will receive $r$ tenge. This straightforward formula allows for easy calculations, but one should always check for the most current rates, as they can change rapidly.

In conclusion, whether you are working, traveling, or doing business in South Korea or Kazakhstan, understanding the essential characteristics of KRW and KZT enables smoother financial transactions. Always consider the latest currency exchange rates when converting money, as this knowledge will help you make informed decisions and optimize your financial resources.

South Korean Won to Kazakhstan Tenge conversion table

KRW to KZT conversion table

South Korean Won (KRW)Kazakhstan Tenge (KZT)
1 KRW0.34389568835 KZT
2 KRW0.68779137671 KZT
3 KRW1.03168706506 KZT
4 KRW1.37558275342 KZT
5 KRW1.71947844177 KZT
6 KRW2.06337413012 KZT
7 KRW2.40726981848 KZT
8 KRW2.75116550683 KZT
9 KRW3.09506119518 KZT
10 KRW3.43895688354 KZT
100 KRW34.38956883539 KZT
200 KRW68.77913767077 KZT
300 KRW103.16870650616 KZT
400 KRW137.55827534154 KZT
500 KRW171.94784417693 KZT
600 KRW206.33741301232 KZT
700 KRW240.7269818477 KZT
800 KRW275.11655068309 KZT
900 KRW309.50611951847 KZT
1 000 KRW343.89568835386 KZT
2 000 KRW687.79137670772 KZT
5 000 KRW1 719.4784417693 KZT
10 000 KRW3 438.9568835386 KZT
20 000 KRW6 877.9137670772 KZT
50 000 KRW17 194.78441769299 KZT
100 000 KRW34 389.56883538599 KZT
Last updated April 2, 2025 at 11:59 PM