KRW to PKR Currency Converter - 1 South Korea Won To Pakistan Rupee

KRW to PKR

The exchange rate of KRW to PKR is around 0 Pakistani Rupee. Pakistan has a $5,400 GDP per capita, and South Korea has $39,400 GDP per capita. It means they make more money than Pakistan. The economy plays an important role in determining the exchange rate of both countries.

South Korea has the 14th largest GDP in the world and 4th largest GDP in Asia. Pakistan is the 23rd largest country in the world, according to the economy. South Korea was among the poorest countries in the world. But it has developed as a high-income country in just a few generations.

The explanation of why and how KRW fluctuates with PKR is as follows.

KRW

The official currency of South Korea is the South Korean Won. It is divided into 100 jeon. It is used only in foreign exchange and is not used for everyday transactions. The currency code of South Korea is KRW, and the symbol is ₩. The coins that are used are in denominations of ₩1, ₩5, ₩10, ₩50, ₩100, and ₩500. The banknotes that are used are in denominations of ₩1,000, ₩2,000, ₩5,000, ₩10,000, and ₩50,000.

The currency of South Korea was first used as a Korean currency between 1902 and 1910. The South Korean Won is issued and managed by the Bank of Korea because it is the central bank of South Korea. The South Korea trading partner countries are China, India, United States, Hong Kong, Japan, Taiwan, and Singapore.

As compared to the United States Dollar, the currency of South Korea is weaker. All the currencies are measured in Dollars to know how strong or weak that currency is. As compared to other currencies in the world, the South Korean Won is still such a weaker currency. The exchange rate of the Dollar to KRW is around South Korean Won.

PKR

PKR is the official currency of Pakistan. The most popular Pakistan Rupee exchange rate is the GBP to PKR rate. The currency code of Pakistan for Rupees is PKR, and the symbol is Rs. State Bank of Pakistan regulates the currency of Pakistan.

The Rupee is divided into 100 Paise. The banknotes of Pakistan are Rs 10, Rs 20, Rs 50, Rs 100, Rs 500, Rs 1000, and Rs 5000. In Pakistan, a large number of Rupees are counted in the name of thousand, lakh (100,000), crore (10 million), arab (1 billion), and kharab (100 billion).

KRW and PKR

PKR is a stronger currency than KRW. The exchange rate of PKR to KRW is around South Korean Won. It means Pakistan is a stronger currency than South Korea. The economy is a very important part of a country’s currency. And the economy of Pakistan is weak and causes many problems in the country.

Pakistani Rupee is a stronger currency than the South Korean Won. South Korea spends 90.0% more money on taxes as compared to Pakistan. The top tax rate in Pakistan is 20.0%, and South Korea has a 38.0% tax rate.

Pakistan has a higher currency than the South Korean Won, but the difference is shrinking rapidly and steadily. It means that the economy of South Korea is weak but is making progress at a fast rate.