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South Korean Coin Auction: Hwadong #35
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<p>[QUOTE="mlov43, post: 3229997, member: 16729"]KR is just, "Korean?" I guess. It's just the currency abbreviation. It's meant for the South Korean <i>won</i>. Not the North's <i>won</i>, which uses the same currency name, but a different abbreviation, "KPW".</p><p><br /></p><p>One million won is a thousand bucks, basically. Fluctuations will give you up to a hundred or more over a thousand, or under a thousand, depending on exchange rates. But the USD to KRW exchange has centered ~around~ 1,000 KRW to 1 USD for about 25 years now. The US dollar is stronger against the KRW right now.[/QUOTE]</p><p><br /></p>
[QUOTE="mlov43, post: 3229997, member: 16729"]KR is just, "Korean?" I guess. It's just the currency abbreviation. It's meant for the South Korean [I]won[/I]. Not the North's [I]won[/I], which uses the same currency name, but a different abbreviation, "KPW". One million won is a thousand bucks, basically. Fluctuations will give you up to a hundred or more over a thousand, or under a thousand, depending on exchange rates. But the USD to KRW exchange has centered ~around~ 1,000 KRW to 1 USD for about 25 years now. The US dollar is stronger against the KRW right now.[/QUOTE]
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