HomeKRW / ZAR • Currency
add
KRW / ZAR
Previous close
0.011
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 South African Rand
The South African rand, or simply the rand, is the official currency of South Africa. It is subdivided into 100 cents, and a comma separates the rand and cents.
The South African rand is legal tender in the Common Monetary Area member states of Namibia, Lesotho, and Eswatini, with these three countries also having national currencies pegged with the rand at parity and still widely accepted as substitutes. The rand was also legal tender in Botswana until 1976, when the pula replaced the rand at par.
The rand is legal tender in Zimbabwe as part of its multiple currency system, which also includes other currencies such as the euro, the pound sterling, the US dollar, and the Zimbabwean ZiG. Wikipedia