Convert 5000 South Korean Won (KRW) to Philippine Peso (PHP)
Exchange rates used for currency conversion updated on September 07th 2024 ( 09/07/2024 )
Below you will find the latest exchange rates for exchanging South Korean Won (KRW) to Philippine Peso (PHP) , a table containing most common conversions and a chart with the pair's evolution.
The South Korean Won (KRW) to Philippine Peso (PHP) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.
The currency exchange rate, calculated between South Korean Won and Philippine Peso on 09/07/2024 is 1 KRW = 0.042 PHP - AVERAGE intraday quotes were used for this currency conversion.
The Republic of South Korea has as its official currency the South Korean won. Each won can be subdivided into 100 jeon. There are no jeon in current circulation, in this day it is strictly used as an accounting measurement.
The Central Bank of Korea issues the KRW in banknote denominations of 1000, 5000, 10,000, and 50,000 won and mints coins in denominations of and 10, 50, 100, and 500 won. In accounting a won is symbolized using the "₩ " sign.
About Philippine Peso (PHP)
The official currency of the Philippines is the Philippine peso. The peso is subdivided into 100 centavos and comes in denominations of 10, 20, 50, 200, 500, 1,000 and 2,000 pesos. The US Dollar is readily accepted throughout the country for currency exchange as well as payment in many cases. Those looking to exchange foreign currency should check with banks. Although moneychangers are readily available, many are less than trustworthy.