Convert Swiss Franc to South Korean Won
Please provide values below to convert Swiss Franc [CHF] to South Korean Won [KRW], or Convert South Korean Won to Swiss Franc.
How to Convert Swiss Franc to South Korean Won
1 CHF = 0.000574943265128045 KRW
Example: convert 15 CHF to KRW:
15 CHF = 15 × 0.000574943265128045 KRW = 0.00862414897692068 KRW
Swiss Franc to South Korean Won Conversion Table
Swiss Franc | South Korean Won |
---|
Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.
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.