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 KRW0.04038519825 PHP
2 KRW0.0807703965 PHP
3 KRW0.12115559476 PHP
4 KRW0.16154079301 PHP
5 KRW0.20192599126 PHP
6 KRW0.24231118951 PHP
7 KRW0.28269638777 PHP
8 KRW0.32308158602 PHP
9 KRW0.36346678427 PHP
10 KRW0.40385198252 PHP
100 KRW4.03851982522 PHP
200 KRW8.07703965044 PHP
300 KRW12.11555947566 PHP
400 KRW16.15407930088 PHP
500 KRW20.1925991261 PHP
600 KRW24.23111895132 PHP
700 KRW28.26963877654 PHP
800 KRW32.30815860176 PHP
900 KRW36.34667842698 PHP
1 000 KRW40.3851982522 PHP
2 000 KRW80.77039650439 PHP
5 000 KRW201.92599126098 PHP
10 000 KRW403.85198252195 PHP
20 000 KRW807.7039650439 PHP
50 000 KRW2 019.25991260976 PHP
100 000 KRW4 038.51982521951 PHP
Last updated May 28, 2025 at 09:55 PM