Convert 1 South Korean Won (KRW) to Canadian Dollar (CAD)
Exchange rates used for currency conversion updated on 19th May 2019 ( 19/05/2019 )
Below you will find the latest exchange rate for exchanging South Korean Won (KRW) to Canadian Dollar (CAD) , a table containing most common conversions and a chart with the pair's evolution.
The South Korean Won (KRW) to Canadian Dollar (CAD) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies om;ine and offline.
The Republic of South Korea has as its official currency the South Korean won. Each won can be subdivided into 100 jeon. There are no jeon in current circulation, in this day it is strictly used as an accounting measurement.
The Central Bank of Korea issues the KRW in banknote denominations of 1000, 5000, 10,000, and 50,000 won and mints coins in denominations of and 10, 50, 100, and 500 won. In accounting a won is symbolized using the "₩ " sign.
About Canadian Dollar (CAD)
The Bank of Canada manges the circulation and monetary policy of the floating yet highly dependent currency. The Canadian dollar (CAD) is heavily intertwined with economic developments in the United States and the USD this is compounded with the high trade dependence Canada shares with the US and is only mitigated by the price of commodities such as oil in which Canada is a net exporter and therefore can leverage these exports to support the CAD independent of the USD. The Bank of Canada follows its mandate of promoting the economic well being of the nation in juxtaposition to the mandate of many central banks as price stability.