KRW to LRD Exchange Rate - Convert South Korean Won to Liberian Dollar

Converting from South Korean Won (KRW) to Liberian Dollar (LRD)

What is South Korean Won (KRW)

The South Korean Won (KRW) is the official currency of South Korea, a vibrant country located in East Asia. The symbol for the won is ₩, and it is subdivided into 100 jeon, although the latter is no longer in common use. The Bank of Korea is responsible for issuing and regulating the won.

The won has undergone various changes since its introduction. The current won (often referred to as the "new won") was revalued in 1962 to curb inflation, resulting in a significant reduction of the amount of currency in circulation. South Korea is known for its robust economy, advanced technology sector, and world-famous brands. As a result, the won is an actively traded currency in international markets, attracting both traders and investors.

Exchange rates for the won are affected by several factors, including economic indicators such as gross domestic product (GDP), inflation rates, and political stability. To convert KRW to other currencies like the Liberian Dollar, one needs to consider the current exchange rate, typically provided by banks or financial services that deal with foreign exchange.

What is Liberian Dollar (LRD)

The Liberian Dollar (LRD) serves as the official currency of Liberia, a country located on the west coast of Africa. The currency symbol is $ or sometimes LD, with one dollar divided into 100 cents. The Central Bank of Liberia issues and manages the Liberian Dollar.

The Liberian Dollar has a complex history, having experienced various changes and levels of stability throughout the years. The current currency was introduced in 1943 to replace the earlier Liberian Dollar that had been in circulation since the late 19th century. The LRD is influenced by Liberia's economic conditions, including trade balances, inflation rates, and general fiscal policies.

As a country rich in natural resources such as rubber and timber but facing economic challenges and the impacts of civil conflict, Liberia's currency is subject to fluctuations on the foreign exchange market. Consequently, the exchange rate between the Liberian Dollar and other currencies, including the South Korean Won, can vary significantly.

To convert KRW to LRD, one must check the current exchange rate, which can be quite dynamic. For example, suppose the exchange rate is given as

1 KRW = 0.00045 LRD

. In that case, to convert a specific amount of KRW to LRD, you would multiply the amount of KRW by the exchange rate.

In summary, understanding the South Korean Won and the Liberian Dollar, along with how to convert between them, is crucial for travelers, traders, and anyone involved in international finance.

South Korean Won to Liberian Dollar conversion table

KRW to LRD conversion table

South Korean Won (KRW)Liberian Dollar (LRD)
1 KRW0.13694877821 LRD
2 KRW0.27389755642 LRD
3 KRW0.41084633463 LRD
4 KRW0.54779511283 LRD
5 KRW0.68474389104 LRD
6 KRW0.82169266925 LRD
7 KRW0.95864144746 LRD
8 KRW1.09559022567 LRD
9 KRW1.23253900388 LRD
10 KRW1.36948778209 LRD
100 KRW13.69487782085 LRD
200 KRW27.38975564171 LRD
300 KRW41.08463346256 LRD
400 KRW54.77951128342 LRD
500 KRW68.47438910427 LRD
600 KRW82.16926692512 LRD
700 KRW95.86414474598 LRD
800 KRW109.55902256683 LRD
900 KRW123.25390038769 LRD
1 000 KRW136.94877820854 LRD
2 000 KRW273.89755641708 LRD
5 000 KRW684.7438910427 LRD
10 000 KRW1 369.4877820854 LRD
20 000 KRW2 738.9755641708 LRD
50 000 KRW6 847.438910427 LRD
100 000 KRW13 694.877820854 LRD
Last updated April 3, 2025 at 11:55 PM