KRW to PHP Exchange Rate - Convert South Korean Won to Philippine Peso

Converting from South Korean Won (KRW) to Philippine Peso (PHP)

What is South Korean Won (KRW)

The South Korean Won (KRW) is the official currency of South Korea, symbolized by ₩. It was first introduced in 1902 and has undergone several changes over the years, including periods of high inflation and revaluation. The currency is issued by the Bank of Korea, which is responsible for managing the monetary policy of the country.

The currency comes in both coins and banknotes, with coins typically available in denominations of 1, 5, 10, 50, 100, and 500 won. The banknotes are issued in 1,000; 5,000; 10,000; 50,000 won denominations. The South Korean economy, known for its rapid growth and modernization, is one of the largest in Asia, driven by technology, manufacturing, and exports. The exchange rate can be volatile, affected by various factors such as economic performance, political events, and global market conditions.

What is Philippine Peso (PHP)

The Philippine Peso (PHP) is the official currency of the Philippines, represented by the symbol ₱. The peso has a rich history that dates back to the Spanish colonial era. Today, the current iteration of the peso was established with a new series of banknotes and coins introduced in the 1990s. The Bangko Sentral ng Pilipinas (BSP) is the central bank responsible for regulating the currency and maintaining its stability.

The peso is available in both coins and banknotes as well. Coins typically come in denominations of 1, 5, 10, and 25 centavos, as well as 1, 5, and 10 pesos. The banknotes are available in 20, 50, 100, 200, 500, and 1,000 peso denominations. The Philippine economy has shown resilience and growth in recent years, boosted by remittances from overseas workers, a burgeoning service sector, and increasing foreign investments.

Converting KRW to PHP

When you want to convert South Korean Won (KRW) to Philippine Peso (PHP), you will need to refer to the current exchange rate. This is determined by the foreign exchange market, and rates can fluctuate throughout the day based on supply and demand.

To perform the conversion, you can use the formula:

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

For example, if the exchange rate is 0.042 PHP for 1 KRW, and you want to convert 10,000 KRW to PHP, you would calculate:

Amount in PHP = 10,000 × 0.042 = 420 PHP

It's always advisable to check online currency converters or financial websites for the latest rates before making any conversions.

South Korean Won to Philippine Peso conversion table

KRW to PHP conversion table

South Korean Won (KRW)Philippine Peso (PHP)
1 KRW0.03978649763 PHP
2 KRW0.07957299526 PHP
3 KRW0.11935949289 PHP
4 KRW0.15914599052 PHP
5 KRW0.19893248815 PHP
6 KRW0.23871898578 PHP
7 KRW0.27850548341 PHP
8 KRW0.31829198104 PHP
9 KRW0.35807847867 PHP
10 KRW0.3978649763 PHP
100 KRW3.97864976302 PHP
200 KRW7.95729952605 PHP
300 KRW11.93594928907 PHP
400 KRW15.9145990521 PHP
500 KRW19.89324881512 PHP
600 KRW23.87189857815 PHP
700 KRW27.85054834117 PHP
800 KRW31.8291981042 PHP
900 KRW35.80784786722 PHP
1 000 KRW39.78649763024 PHP
2 000 KRW79.57299526049 PHP
5 000 KRW198.93248815122 PHP
10 000 KRW397.86497630245 PHP
20 000 KRW795.7299526049 PHP
50 000 KRW1 989.32488151224 PHP
100 000 KRW3 978.64976302449 PHP
Last updated May 8, 2025 at 11:55 PM