KRW to THB Exchange Rate - Convert South Korean Won to Thai Baht

Converting from South Korean Won (KRW) to Thai Baht (THB)

What is South Korean Won (KRW)

The South Korean Won, represented by the symbol ₩ and its ISO code KRW, is the official currency of South Korea. The currency was introduced in 1945, replacing the Korean yen. One won is subdivided into 100 jeon, though the jeon is rarely used in daily transactions.

The Bank of Korea is responsible for issuing and managing the won, ensuring its value stability and overseeing currency circulation. The won is traded on international foreign exchange markets, and its value can fluctuate based on economic factors, trade balances, and geopolitical events.

As of October 2023, the won's exchange rate has shown varying trends based on global economic conditions. It is important for travelers, businesses, and investors to stay updated on the current exchange rate to make informed decisions. The won is commonly used for domestic transactions in South Korea, where cash is still widely accepted alongside digital payment methods.

When converting KRW to other currencies, including the Thai Baht, it is advisable to consult reliable financial platforms for the current exchange rates. This ensures that individuals get the best value for their money during conversion.

What is Thai Baht (THB)

The Thai Baht is the official currency of Thailand, represented by the symbol ฿ and its ISO code THB. The baht has been in use as currency since the 15th century, evolving over time to adapt to modern economic practices. It is divided into 100 satang, although the usage of satang coins has diminished in recent years.

The Bank of Thailand oversees the issuance and regulation of the baht, working to maintain its stability and confidence in the currency. The baht is widely used for both domestic transactions within Thailand and for cross-border trading with neighboring countries.

In the foreign exchange market, the baht is considered a floating currency, meaning its value fluctuates based on supply and demand factors, including economic growth, inflation rates, and political stability. As of October 2023, the baht has experienced various shifts in value against major currencies.

Converting KRW to THB can be particularly important for tourists traveling from South Korea to Thailand or businesses engaging in trade between the two countries. When making such conversions, one should always check the latest exchange rate, taking into account potential fees from currency exchange services.

For those interested in converting currencies, the formula for currency conversion is relatively straightforward. If you have an amount in KRW, you can convert it to THB using the equation:

THB = KRW × exchange rate

Remember to check reputable sources for the most accurate and timely exchange rates but also be aware that rates can differ depending on where and how you choose to exchange your currency.

South Korean Won to Thai Baht conversion table

KRW to THB conversion table

South Korean Won (KRW)Thai Baht (THB)
1 KRW0.02328782177 THB
2 KRW0.04657564354 THB
3 KRW0.06986346531 THB
4 KRW0.09315128707 THB
5 KRW0.11643910884 THB
6 KRW0.13972693061 THB
7 KRW0.16301475238 THB
8 KRW0.18630257415 THB
9 KRW0.20959039592 THB
10 KRW0.23287821769 THB
100 KRW2.32878217686 THB
200 KRW4.65756435372 THB
300 KRW6.98634653058 THB
400 KRW9.31512870743 THB
500 KRW11.64391088429 THB
600 KRW13.97269306115 THB
700 KRW16.30147523801 THB
800 KRW18.63025741487 THB
900 KRW20.95903959173 THB
1 000 KRW23.28782176859 THB
2 000 KRW46.57564353717 THB
5 000 KRW116.43910884293 THB
10 000 KRW232.87821768586 THB
20 000 KRW465.75643537173 THB
50 000 KRW1 164.39108842932 THB
100 000 KRW2 328.78217685865 THB
Last updated April 25, 2025 at 11:55 PM