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 KRW0.16796049984 YER
2 KRW0.33592099969 YER
3 KRW0.50388149953 YER
4 KRW0.67184199938 YER
5 KRW0.83980249922 YER
6 KRW1.00776299907 YER
7 KRW1.17572349891 YER
8 KRW1.34368399876 YER
9 KRW1.5116444986 YER
10 KRW1.67960499845 YER
100 KRW16.79604998448 YER
200 KRW33.59209996896 YER
300 KRW50.38814995344 YER
400 KRW67.18419993792 YER
500 KRW83.9802499224 YER
600 KRW100.77629990688 YER
700 KRW117.57234989136 YER
800 KRW134.36839987584 YER
900 KRW151.16444986032 YER
1 000 KRW167.9604998448 YER
2 000 KRW335.9209996896 YER
5 000 KRW839.802499224 YER
10 000 KRW1 679.604998448 YER
20 000 KRW3 359.209996896 YER
50 000 KRW8 398.02499224001 YER
100 000 KRW16 796.04998448001 YER
Last updated April 2, 2025 at 11:59 PM