HomeTRY / KRW • Currency
add
TRY / KRW
Previous close
33.71
Market news
About Turkish lira
The lira is the official currency of Turkey. It is also legal tender in the de facto state of the Turkish Republic of Northern Cyprus. One lira is divided into one hundred kuruş. The First Turkish lira could be further subdivided, where one kuruş was equal to 40 para.
The current lira is the Second Turkish lira, having succeeded the first Turkish lira in 2005 which in turn succeeded the Ottoman lira in 1923. Since 2018 the Turkish lira has been in crisis, having plummeted in value following Turkish president Erdoğan's economic and political policies. WikipediaAbout South Korean won
The South Korean won, sometimes known as the Republic of Korea won, is the official currency of South Korea. The won is technically equal to 100 jeon, but the jeon is no longer used for everyday transactions and 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. Wikipedia