HomeKRW / MOP • Currency
add
KRW / MOP
Previous close
0.0056
Market news
About South Korean won
The South Korean won, sometimes known as the Republic of Korea won, is the official currency of South Korea. A single won is divided into 100 jeon, the monetary subunit. The jeon is no longer used for everyday transactions, and it appears only in foreign exchange rates. The currency is issued by the Bank of Korea, based in the capital city of Seoul. The South Korean won was first issued in 1949, then was replaced by the South Korean hwan between 1953 and 1962, before the adoption of the current South Korean won in 1962. WikipediaAbout Macanese Pataca
The Macanese pataca or Macau pataca is the currency of Macau. It is subdivided into 100 avos, with 10 avos called ho in Cantonese.
Macau has a currency board system under which the pataca is 100 per cent backed by foreign exchange reserves, in this case currently the Hong Kong dollar. Moreover, the currency board, Monetary Authority of Macau, has a statutory obligation to issue and redeem Macau pataca on demand against the Hong Kong dollar at a fixed exchange rate of HK$1 = MOP 1.03, and without limit. Wikipedia