Convert Salvadoran Colón to South Korean Won
Please provide values below to convert Salvadoran Colón [SVC] to South Korean Won [KRW], or Convert South Korean Won to Salvadoran Colón.
How to Convert Salvadoran Colón to South Korean Won
1 SVC = 0.00632108856310619 KRW
Example: convert 15 SVC to KRW:
15 SVC = 15 × 0.00632108856310619 KRW = 0.0948163284465928 KRW
Salvadoran Colón to South Korean Won Conversion Table
| Salvadoran Colón | South Korean Won |
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Salvadoran Colón
The Salvadoran Colón (SVC) was the official currency of El Salvador until 2001, used as the country's monetary unit for everyday transactions.
History/Origin
Introduced in 1892, the Salvadoran Colón replaced the peso and was used until 2001, when El Salvador adopted the United States dollar as its official currency. It was named after Christopher Columbus (Cristóbal Colón).
Current Use
The Salvadoran Colón is no longer in circulation; it was replaced by the US dollar in 2001 and is now obsolete, with no current use in transactions.
South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.