South Korean Won to Norwegian Krone

The South Korean won (international symbol: ₩, code: KRW, number: 410) is the currency of South Korea. Pronounced  [wʌn]. The national currency appeared in the country after World War II in 1945.

However, the contemporary won was released in 1962, replacing the hwan which was temporarily used in Korea. The hundredth part of the won - jeon does not exist in the format of a payment tool, and is used only in mathematical accounting. Coins of small denominations of 1 and 5 won are almost out of use.

The Norwegian krone (symbol: kr, code: NOK, number 578) is the national currency of Norway, valid in the country since 1874 to have replaced the Norwegian daler. Although nominally the krone is subdivided into 100 ore, coins denominations of less than 1 crone have been discontinued, and ore has existed only electronically since 2012. The banknotes design bears traditional Scandinavian decorations depicting ships, lighthouses, sea waves, cod.

The exchange rate varies depending on oil prices and other economic factors. The average inflation index is low,e.g. in autumn 2019 it was only 1.8%. During 2017 - 2019, all old banknotes were replaced in the country. They can be exchanged in banks until 2028.