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Speedy to South Korean Won Converter and calculator

Convert 1Speedy (SPEEDY) to South Korean Won (KRW) equals ₩ 0.002664 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Speedy(SPEEDY) to South Korean Won(KRW). This is the real-time data. The current conversion shows 1 SPEEDY at a value of 1 SPEEDY for 0.00 KRW . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

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.

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

SPEEDY to KRW conversion rate trend

1D7D1M3M1YAll
In the past 1D, Speedy has changed -28.35% to KRW. Based on the trend and price charts, Speedy(SPEEDY) has changed -28.35% to KRW while South Korean Won(KRW) has changed % to SPEEDY in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₩0.002664
0.0003% / 0.0004%vip-iconVIP
Last updated 2024/06/13 14:07:09(UTC+0)

How to buy Speedy

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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Speedy (SPEEDY)
Use a variety of payment options to buy Speedy on Bitget. We'll show you how.

Buy SPEEDY (or USDT) for KRW (South Korean Won) offers

Bitget P2P trading does not currently support direct buying of SPEEDY with KRW. However, you can buy USDT in Bitget P2P trading first, and then buy SPEEDY with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
金边安欣币行Verified Merchant
309 tradesCompletion rate 98.00%
1.004 USD
Amount2214 USDT
Limit10 - 2272 USD
Wing MoneyTrue Money (Cambodia)Bank Transfer (Cambodia)ABA (Cambodia)
Buy
P
Ponreay_FXVerified Merchant
184 tradesCompletion rate 97.00%
1.004 USD
Amount1000 USDT
Limit10 - 1004 USD
Wing MoneyTrue Money (Cambodia)ABA (Cambodia)
Buy
y
yaske212Verified Merchant
26 tradesCompletion rate 79.00%
1.02 USD
Amount150 USDT
Limit10 - 153 USD
Air TMZinli
Buy
F
FLASH SALE 1Ultra-MerchantGolden merchantVerified Merchant
29 tradesCompletion rate 91.00%
1.024 USD
Amount460 USDT
Limit10 - 471.04 USD
PayeerVolet.com(Formerly Advcash)Air TM
Buy
R
RechargeVerified Merchant
58 tradesCompletion rate 91.00%
1.025 USD
Amount82.36 USDT
Limit10 - 84 USD
Volet.com(Formerly Advcash)Air TM
Buy

Sell SPEEDY (or USDT) for KRW (South Korean Won) offers

Bitget P2P trading currently does not support direct selling of SPEEDY to KRW. However, you can first exchange SPEEDY for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
R
Russiad_BCVerified Merchant
56 tradesCompletion rate 92.00%
1.188 USD
Amount3990.08 USDT
Limit10 - 4000 USD
WebMoney
Sell
M
MoneysendVerified Merchant
157 tradesCompletion rate 86.00%
1.186 USD
Amount21750.95 USDT
Limit10 - 9500 USD
WebMoney
Sell
C
CryptoCoinP2PVerified Merchant
65 tradesCompletion rate 94.00%
1.16 USD
Amount62 USDT
Limit50 - 62.26 USD
WebMoney
Sell
R
RechargeVerified Merchant
58 tradesCompletion rate 91.00%
1.15 USD
Amount1494.52 USDT
Limit10 - 1718 USD
WebMoney
Sell
M
Mzansi*Coins*ReserveVerified Merchant
4 tradesCompletion rate 57.00%
1.15 USD
Amount488.72 USDT
Limit10 - 575 USD
WebMoney
Sell

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

Speedy to South Korean Won is falling this week.
Speedy's current market price is ₩ 0.002664 per SPEEDY, with a total market cap of ₩ 0 KRW based on a circulating supply of -- SPEEDY. The trading volume of Speedy has changed by +59.84% (₩ 98,017,050.1 KRW) in the last 24 hours. Last trading day, SPEEDY's trading volume was ₩ 163,793,893.05.
Market cap
$0
24h volume
$190.68K
Circulating supply
0 SPEEDY

Conversion tables

The exchange rate of Speedy is decreasing.
1 SPEEDY is currently valued at ₩ 0.002664 KRW , which means buying 5 SPEEDY will cost ₩ 0.01332 KRW . Similarly, ₩1 KRW can be traded for 375.41 SPEEDY, and ₩50 KRW can be converted to 18,770.65 SPEEDY, excluding any platform or gas fees.
The exchange rate of 1 SPEEDY to South Korean Won has changed by -52.44% in the last 7 days. In the last 24 hours, the rate has fluctuated by -28.35%, reaching a high of 0.003770 KRW and a low of 0.002458 KRW . One month ago, the value of 1 SPEEDY was ₩ 0.003175 KRW , which represents a -16.09% change from its current value. Over the last year, Speedy has changed by
+
0.002664KRW
, resulting in a change of --% in its value.

SPEEDY to KRW

Amount
14:07 today
0.5 SPEEDY
0.001332
1 SPEEDY
0.002664
5 SPEEDY
0.01332
10 SPEEDY
0.02664
50 SPEEDY
0.1332
100 SPEEDY
0.2664
500 SPEEDY
1.33
1000 SPEEDY
2.66

KRW to SPEEDY

Amount14:07 today
0.5KRW187.71  SPEEDY
1KRW375.41  SPEEDY
5KRW1,877.06  SPEEDY
10KRW3,754.13  SPEEDY
50KRW18,770.65  SPEEDY
100KRW37,541.3  SPEEDY
500KRW187,706.48  SPEEDY
1000KRW375,412.96  SPEEDY
Buy Speedy for 1 KRW
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Today vs. 24 hours ago

Amount14:07 today24 hours ago24h change
0.5 SPEEDY$0.{6}9700$0.{5}1354
-28.35%
1 SPEEDY$0.{5}1940$0.{5}2708
-28.35%
5 SPEEDY$0.{5}9700$0.{4}1354
-28.35%
10 SPEEDY$0.{4}1940$0.{4}2708
-28.35%
50 SPEEDY$0.{4}9700$0.0001354
-28.35%
100 SPEEDY$0.0001940$0.0002708
-28.35%
500 SPEEDY$0.0009700$0.001354
-28.35%
1000 SPEEDY$0.001940$0.002708
-28.35%

Today vs. 1 month ago

Amount14:07 today1 month ago1M change
0.5 SPEEDY$0.{6}9700$0.{5}1156
-16.09%
1 SPEEDY$0.{5}1940$0.{5}2312
-16.09%
5 SPEEDY$0.{5}9700$0.{4}1156
-16.09%
10 SPEEDY$0.{4}1940$0.{4}2312
-16.09%
50 SPEEDY$0.{4}9700$0.0001156
-16.09%
100 SPEEDY$0.0001940$0.0002312
-16.09%
500 SPEEDY$0.0009700$0.001156
-16.09%
1000 SPEEDY$0.001940$0.002312
-16.09%
Buy Speedy for 1 KRW
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Speedy now

Today vs. 1 year ago

Amount14:07 today1 year ago1Y change
0.5 SPEEDY$0.{6}9700$0.00
--
1 SPEEDY$0.{5}1940$0.00
--
5 SPEEDY$0.{5}9700$0.00
--
10 SPEEDY$0.{4}1940$0.00
--
50 SPEEDY$0.{4}9700$0.00
--
100 SPEEDY$0.0001940$0.00
--
500 SPEEDY$0.0009700$0.00
--
1000 SPEEDY$0.001940$0.00
--

Speedy price prediction

What will the price of SPEEDY be in 2025?

Based on SPEEDY's historical price performance prediction model, the price of SPEEDY is projected to reach -- in 2025.

What will the price of SPEEDY be in 2030?

In 2030, the SPEEDY price is expected to rise by -19.00%. By the end of 2030, the SPEEDY price is projected to reach --, with a cumulative ROI of 0.00%.
Buy Speedy for 1 KRW
A welcome pack worth 1000 USDT for new Bitgetters!
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Buy Speedy for 1 KRW
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Buy Speedy for 1 KRW
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Speedy now

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FAQ

What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Speedy and KRW.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Speedy and KRW. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Speedy in KRW, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.

Buy Speedy for 1 KRW

A welcome pack worth 1000 USDT for new Bitgetters!

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.