KRW to YER Exchange Rate - Convert South Korean Won to Yemen Riyal

Converting from South Korean Won (KRW) to Yemen Riyal (YER)

What is South Korean Won (KRW)

The South Korean Won (KRW) is the official currency of South Korea, used by its approximately 52 million citizens. The currency is denoted by the symbol ₩ and is subdivided into smaller units called jeon, although the latter is rarely used in daily transactions. The Bank of Korea (BOK) is responsible for issuing and controlling the currency, ensuring economic stability and liquidity in the country.

The Won has undergone several changes since its introduction in 1902. The current form of the currency was introduced in 1953 after the Korean War, when a new won was issued to replace the old one at a rate of 100 to 1. The KRW is a floating currency, meaning its value is determined by market forces, primarily supply and demand in foreign exchange markets. Economic indicators such as inflation, interest rates, and trade balances can significantly impact the value of the South Korean Won in international markets.

What is Yemen Riyal (YER)

The Yemen Riyal (YER) is the official currency of Yemen, used by its population of over 30 million people. The currency is represented by the symbol ﷼. The Central Bank of Yemen oversees the issuance and regulation of the ryial, which has gone through various changes over the years, particularly in response to regional conflicts and economic instability.

The Yemen Riyal has faced significant devaluation over time due to economic challenges, including civil unrest, currency inflation, and declining oil revenues, which have adversely affected the country's economy. The current banknotes are issued in denominations of 1, 5, 10, 20, 50, 100, 200, 500, and 1,000 riyals. Understanding the YER's value in comparison to other currencies is crucial for anyone dealing in international trade or traveling to Yemen.

Conversion from KRW to YER

When converting South Korean Won (KRW) to Yemen Riyal (YER), it’s essential to be aware of the current exchange rates, as they fluctuate based on market conditions. As of now, 1 KRW is approximately equal to X YER (replace X with the latest exchange rate). To convert KRW to YER, you can use the following basic formula:

Amount in YER = Amount in KRW × ❰ (Current Exchange Rate (YER/KRW)/1) ❱

For example, if you wanted to convert 1,000 KRW to YER, and the current conversion rate is X YER for 1 KRW, you would calculate:

Amount in YER = 1000 KRW × X

This formula will help you determine how much YER you would receive for your KRW. Online currency converters and financial news websites are valuable resources for finding the most accurate and up-to-date exchange rates.

South Korean Won to Yemen Riyal conversion table

KRW to YER conversion table

South Korean Won (KRW)Yemen Riyal (YER)
1 KRW0.16840566721 YER
2 KRW0.33681133442 YER
3 KRW0.50521700164 YER
4 KRW0.67362266885 YER
5 KRW0.84202833606 YER
6 KRW1.01043400327 YER
7 KRW1.17883967048 YER
8 KRW1.34724533769 YER
9 KRW1.51565100491 YER
10 KRW1.68405667212 YER
100 KRW16.84056672118 YER
200 KRW33.68113344236 YER
300 KRW50.52170016354 YER
400 KRW67.36226688472 YER
500 KRW84.2028336059 YER
600 KRW101.04340032708 YER
700 KRW117.88396704827 YER
800 KRW134.72453376945 YER
900 KRW151.56510049063 YER
1 000 KRW168.40566721181 YER
2 000 KRW336.81133442362 YER
5 000 KRW842.02833605904 YER
10 000 KRW1 684.05667211808 YER
20 000 KRW3 368.11334423616 YER
50 000 KRW8 420.28336059039 YER
100 000 KRW16 840.56672118079 YER
Last updated April 3, 2025 at 11:55 PM