Convert South Korean Won to Nigerian Naira
Please provide values below to convert South Korean Won [KRW] to Nigerian Naira [NGN], or Convert Nigerian Naira to South Korean Won.
How to Convert South Korean Won to Nigerian Naira
1 KRW = 0.90322635437615 NGN
Example: convert 15 KRW to NGN:
15 KRW = 15 × 0.90322635437615 NGN = 13.5483953156422 NGN
South Korean Won to Nigerian Naira Conversion Table
| South Korean Won | Nigerian Naira |
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South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.
Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, the Naira replaced the Nigerian pound at a rate of 2 Naira to 1 pound, and has undergone various redenominations and currency reforms since then.
Current Use
The Naira is widely used across Nigeria for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of Nigeria.