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JasmyCoin to South Korean Won Converter and calculator

Convert 1JasmyCoin (JASMY) to South Korean Won (KRW) equals ₩ 24.96 | Bitget

KRW information

About the South Korean Won (KRW)

What Is the South Korean Won (KRW)?

The South Korean Won (KRW) is the official currency of South Korea. It is symbolized by ₩ and is a decimalized currency, meaning it is divided into 100 subunits called jeon, although the jeon is no longer used in everyday transactions. The most commonly used denomination is 1 won. The international foreign exchange market designation for the South Korean Won is KRW. The South Korean Won is the sole legal tender in South Korea, and it is used for all transactions within the country.

The South Korean Won is issued by the Bank of Korea, which is the central bank of South Korea. The Bank of Korea is responsible for the design, production, and distribution of the nation's currency. Additionally, the actual minting of coins and printing of banknotes are carried out by the Korea Minting and Security Printing Corporation, a government-owned corporation that also handles the production of various government documents and securities.

What Is the History of KRW?

The won has been a part of Korea's monetary system for centuries, with the modern version dating back to 1902. During Japan's occupation from 1910 to 1945, the won was replaced by the Korean yen. After World War II, Korea was divided, leading to the creation of the South Korean won in 1949. Initially pegged to the US dollar, the won underwent several devaluations, especially during the Korean War. In 1962, the won was reintroduced after being replaced by the hwan between 1953 and 1962. The won was pegged to the US dollar until 1997 when it was allowed to float freely in the foreign exchange market.

Notes and Coins of KRW

Initially, coins ranged from ₩1 to ₩100, but inflation led to the withdrawal of the ₩1 and ₩5 coins in 1992. Currently, coins are minted in denominations of ₩10, ₩50, ₩100, and ₩500. The initial series of banknotes in 1962 included denominations up to ₩100, with a ₩500 note. Over time, higher denominations were introduced to keep pace with inflation, including ₩1000, ₩5000, ₩10,000, and later ₩50,000. To combat counterfeiting, modern banknotes feature up to 22 separate security features.

Why Does South Korean Won Have Many Zeroes?

The South Korean Won (KRW) features many zeros largely due to historical inflation, particularly during the Korean War in the 1950s, which devalued the currency and necessitated larger denominations. This trend was further reinforced by South Korea's rapid economic development and industrialization from the 1960s onwards. Cultural preferences for larger numerical values and the practicality of transactional efficiency also play a role. However, it's important to note that the number of zeros in the currency does not directly reflect its value, as currency worth is relative and influenced by various economic factors.

Do North and South Korea Use the Same Currency?

No, North and South Korea do not use the same currency. Although both countries use a currency called the "won," they are distinct and separate currencies issued by their respective governments.

South Korean Won (KRW): The currency used in South Korea is the South Korean Won, symbolized as ₩. It is issued by the Bank of Korea, the central bank of South Korea.

North Korean Won (KPW): North Korea uses the North Korean Won, also symbolized as ₩. It is issued by the Central Bank of the Democratic People's Republic of Korea, which is North Korea's central bank.

The two currencies are not interchangeable and have different values and characteristics in the international currency markets.

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Bitget crypto-to-fiat exchange data shows that the most popular JasmyCoin currency pair is the JASMY to KRW, with for JasmyCoin's currency code being JASMY. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KRW.

JASMY to KRW conversion rate trend

In the past 1D, JasmyCoin has changed +0.24% to KRW. Based on the trend and price charts, JasmyCoin(JASMY) has changed +0.24% to KRW while South Korean Won(KRW) has changed % to JASMY in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
0.0001% / 0.0004%vip-iconVIP
0.1000% / 0.1000%
Coinbase Exchange
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
Last updated 2024/04/16 21:00:32(UTC+0)

What factors influence the conversion rate of JasmyCoin to South Korean Won?

JasmyCoin to South Korean Won is falling this week.
JasmyCoin's current market price is ₩ 24.96 per JASMY, with a total market cap of ₩ 1,230,449,839,586.07 KRW based on a circulating supply of 49,300,000,000 JASMY. The trading volume of JasmyCoin has changed by -29.54% (₩ -71,871,948,273.02 KRW) in the last 24 hours. Last trading day, JASMY's trading volume was ₩ 243,316,998,459.7.
Market cap
24h volume
Circulating supply
49.30B JASMY

Conversion tables

The exchange rate of JasmyCoin is decreasing.
1 JASMY is currently valued at ₩ 24.96 KRW , which means buying 5 JASMY will cost ₩ 124.79 KRW . Similarly, ₩1 KRW can be traded for 0.04007 JASMY, and ₩50 KRW can be converted to 2 JASMY, excluding any platform or gas fees.
The exchange rate of 1 JASMY to South Korean Won has changed by -13.19% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.24%, reaching a high of 25.46 KRW and a low of 23.08 KRW . One month ago, the value of 1 JASMY was ₩ 26.39 KRW , which represents a -5.42% change from its current value. Over the last year, JasmyCoin has changed by
, resulting in a change of +173.97% in its value.


21:09 today
1000 JASMY


Amount21:09 today
0.5KRW0.02003  JASMY
1KRW0.04007  JASMY
5KRW0.2003  JASMY
10KRW0.4007  JASMY
100KRW4.01  JASMY
500KRW20.03  JASMY
1000KRW40.07  JASMY

Today vs. 24 hours ago

Amount21:09 today24 hours ago24h change
0.5 JASMY$0.008963$0.008942
1 JASMY$0.01793$0.01788
5 JASMY$0.08963$0.08942
10 JASMY$0.1793$0.1788
50 JASMY$0.8963$0.8942
100 JASMY$1.79$1.79
500 JASMY$8.96$8.94
1000 JASMY$17.93$17.88

Today vs. 1 month ago

Amount21:09 today1 month ago1M change
0.5 JASMY$0.008963$0.009477
1 JASMY$0.01793$0.01895
5 JASMY$0.08963$0.09477
10 JASMY$0.1793$0.1895
50 JASMY$0.8963$0.9477
100 JASMY$1.79$1.9
500 JASMY$8.96$9.48
1000 JASMY$17.93$18.95

Today vs. 1 year ago

Amount21:09 today1 year ago1Y change
0.5 JASMY$0.008963$0.003274
1 JASMY$0.01793$0.006548
5 JASMY$0.08963$0.03274
10 JASMY$0.1793$0.06548
50 JASMY$0.8963$0.3274
100 JASMY$1.79$0.6548
500 JASMY$8.96$3.27
1000 JASMY$17.93$6.55


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