LIVE KRW TO NGN RATE

S.Korean Won to Nigerian Naira rate is live on this page. KRW to NGN and its inverted exchange rate NGN to KRW are updated during market working hours.

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Live USD To KRW Rate.

Live USD To NGN Rate.

Some amounts at the snapped KRW to NGN exchange rate:

As of April 1, 2023 5:33 am London Time.

100 KRW = 35.21 NGN
200 KRW = 70.41 NGN. 300 KRW = 105.62 NGN. 400 KRW = 140.82 NGN. 500 KRW = 176.03 NGN. 600 KRW = 211.23 NGN. 700 KRW = 246.44 NGN. 800 KRW = 281.64 NGN. 900 KRW = 316.85 NGN.

1000 KRW = 352.06 NGN
1100 KRW = 387.26 NGN. 1200 KRW = 422.47 NGN. 1300 KRW = 457.67 NGN. 1400 KRW = 492.88 NGN. 1500 KRW = 528.08 NGN. 1600 KRW = 563.29 NGN. 1700 KRW = 598.49 NGN. 1800 KRW = 633.70 NGN. 1900 KRW = 668.91 NGN.

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2000 KRW = 704.11 NGN
2100 KRW = 739.32 NGN. 2200 KRW = 774.52 NGN. 2300 KRW = 809.73 NGN. 2400 KRW = 844.93 NGN. 2500 KRW = 880.14 NGN. 2600 KRW = 915.34 NGN. 2700 KRW = 950.55 NGN. 2800 KRW = 985.76 NGN. 2900 KRW = 1,020.96 NGN.

3000 KRW = 1,056.17 NGN
3100 KRW = 1,091.37 NGN. 3200 KRW = 1,126.58 NGN. 3300 KRW = 1,161.78 NGN. 3400 KRW = 1,196.99 NGN. 3500 KRW = 1,232.20 NGN. 3600 KRW = 1,267.40 NGN. 3700 KRW = 1,302.61 NGN. 3800 KRW = 1,337.81 NGN. 3900 KRW = 1,373.02 NGN.

4000 KRW = 1,408.22 NGN
4100 KRW = 1,443.43 NGN. 4200 KRW = 1,478.63 NGN. 4300 KRW = 1,513.84 NGN. 4400 KRW = 1,549.05 NGN. 4500 KRW = 1,584.25 NGN. 4600 KRW = 1,619.46 NGN. 4700 KRW = 1,654.66 NGN. 4800 KRW = 1,689.87 NGN. 4900 KRW = 1,725.07 NGN.

5000 KRW = 1,760.28 NGN
5100 KRW = 1,795.48 NGN. 5200 KRW = 1,830.69 NGN. 5300 KRW = 1,865.90 NGN. 5400 KRW = 1,901.10 NGN. 5500 KRW = 1,936.31 NGN. 5600 KRW = 1,971.51 NGN. 5700 KRW = 2,006.72 NGN. 5800 KRW = 2,041.92 NGN. 5900 KRW = 2,077.13 NGN.

6000 KRW = 2,112.33 NGN
6100 KRW = 2,147.54 NGN. 6200 KRW = 2,182.75 NGN. 6300 KRW = 2,217.95 NGN. 6400 KRW = 2,253.16 NGN. 6500 KRW = 2,288.36 NGN. 6600 KRW = 2,323.57 NGN. 6700 KRW = 2,358.77 NGN. 6800 KRW = 2,393.98 NGN. 6900 KRW = 2,429.18 NGN.

7000 KRW = 2,464.39 NGN
7100 KRW = 2,499.60 NGN. 7200 KRW = 2,534.80 NGN. 7300 KRW = 2,570.01 NGN. 7400 KRW = 2,605.21 NGN. 7500 KRW = 2,640.42 NGN. 7600 KRW = 2,675.62 NGN. 7700 KRW = 2,710.83 NGN. 7800 KRW = 2,746.03 NGN. 7900 KRW = 2,781.24 NGN.

8000 KRW = 2,816.45 NGN
8100 KRW = 2,851.65 NGN. 8200 KRW = 2,886.86 NGN. 8300 KRW = 2,922.06 NGN. 8400 KRW = 2,957.27 NGN. 8500 KRW = 2,992.47 NGN. 8600 KRW = 3,027.68 NGN. 8700 KRW = 3,062.88 NGN. 8800 KRW = 3,098.09 NGN. 8900 KRW = 3,133.30 NGN.

9000 KRW = 3,168.50 NGN
9100 KRW = 3,203.71 NGN. 9200 KRW = 3,238.91 NGN. 9300 KRW = 3,274.12 NGN. 9400 KRW = 3,309.32 NGN. 9500 KRW = 3,344.53 NGN. 9600 KRW = 3,379.74 NGN. 9700 KRW = 3,414.94 NGN. 9800 KRW = 3,450.15 NGN. 9900 KRW = 3,485.35 NGN.

10000 KRW = 3,520.56 NGN
11000 KRW = 3,872.61 NGN. 12000 KRW = 4,224.67 NGN. 13000 KRW = 4,576.72 NGN. 14000 KRW = 4,928.78 NGN. 15000 KRW = 5,280.84 NGN. 16000 KRW = 5,632.89 NGN. 17000 KRW = 5,984.95 NGN. 18000 KRW = 6,337.00 NGN. 19000 KRW = 6,689.06 NGN.

20000 KRW = 7,041.11 NGN
21000 KRW = 7,393.17 NGN. 22000 KRW = 7,745.23 NGN. 23000 KRW = 8,097.28 NGN. 24000 KRW = 8,449.34 NGN. 25000 KRW = 8,801.39 NGN. 26000 KRW = 9,153.45 NGN. 27000 KRW = 9,505.50 NGN. 28000 KRW = 9,857.56 NGN. 29000 KRW = 10,209.62 NGN.

30000 KRW = 10,561.67 NGN
31000 KRW = 10,913.73 NGN. 32000 KRW = 11,265.78 NGN. 33000 KRW = 11,617.84 NGN. 34000 KRW = 11,969.90 NGN. 35000 KRW = 12,321.95 NGN. 36000 KRW = 12,674.01 NGN. 37000 KRW = 13,026.06 NGN. 38000 KRW = 13,378.12 NGN. 39000 KRW = 13,730.17 NGN.

40000 KRW = 14,082.23 NGN
41000 KRW = 14,434.29 NGN. 42000 KRW = 14,786.34 NGN. 43000 KRW = 15,138.40 NGN. 44000 KRW = 15,490.45 NGN. 45000 KRW = 15,842.51 NGN. 46000 KRW = 16,194.56 NGN. 47000 KRW = 16,546.62 NGN. 48000 KRW = 16,898.68 NGN. 49000 KRW = 17,250.73 NGN.

50000 KRW = 17,602.79 NGN
51000 KRW = 17,954.84 NGN. 52000 KRW = 18,306.90 NGN. 53000 KRW = 18,658.95 NGN. 54000 KRW = 19,011.01 NGN. 55000 KRW = 19,363.07 NGN. 56000 KRW = 19,715.12 NGN. 57000 KRW = 20,067.18 NGN. 58000 KRW = 20,419.23 NGN. 59000 KRW = 20,771.29 NGN.

60000 KRW = 21,123.34 NGN
61000 KRW = 21,475.40 NGN. 62000 KRW = 21,827.46 NGN. 63000 KRW = 22,179.51 NGN. 64000 KRW = 22,531.57 NGN. 65000 KRW = 22,883.62 NGN. 66000 KRW = 23,235.68 NGN. 67000 KRW = 23,587.73 NGN. 68000 KRW = 23,939.79 NGN. 69000 KRW = 24,291.85 NGN.

70000 KRW = 24,643.90 NGN
71000 KRW = 24,995.96 NGN. 72000 KRW = 25,348.01 NGN. 73000 KRW = 25,700.07 NGN. 74000 KRW = 26,052.12 NGN. 75000 KRW = 26,404.18 NGN. 76000 KRW = 26,756.24 NGN. 77000 KRW = 27,108.29 NGN. 78000 KRW = 27,460.35 NGN. 79000 KRW = 27,812.40 NGN.

80000 KRW = 28,164.46 NGN
81000 KRW = 28,516.51 NGN. 82000 KRW = 28,868.57 NGN. 83000 KRW = 29,220.63 NGN. 84000 KRW = 29,572.68 NGN. 85000 KRW = 29,924.74 NGN. 86000 KRW = 30,276.79 NGN. 87000 KRW = 30,628.85 NGN. 88000 KRW = 30,980.90 NGN. 89000 KRW = 31,332.96 NGN.

90000 KRW = 31,685.02 NGN
91000 KRW = 32,037.07 NGN. 92000 KRW = 32,389.13 NGN. 93000 KRW = 32,741.18 NGN. 94000 KRW = 33,093.24 NGN. 95000 KRW = 33,445.30 NGN. 96000 KRW = 33,797.35 NGN. 97000 KRW = 34,149.41 NGN. 98000 KRW = 34,501.46 NGN. 99000 KRW = 34,853.52 NGN.

100000 KRW = 35,205.57 NGN
110000 KRW = 38,726.13 NGN. 120000 KRW = 42,246.69 NGN. 130000 KRW = 45,767.25 NGN. 140000 KRW = 49,287.80 NGN. 150000 KRW = 52,808.36 NGN. 160000 KRW = 56,328.92 NGN. 170000 KRW = 59,849.48 NGN. 180000 KRW = 63,370.03 NGN. 190000 KRW = 66,890.59 NGN.

200000 KRW = 70,411.15 NGN
210000 KRW = 73,931.71 NGN. 220000 KRW = 77,452.26 NGN. 230000 KRW = 80,972.82 NGN. 240000 KRW = 84,493.38 NGN. 250000 KRW = 88,013.93 NGN. 260000 KRW = 91,534.49 NGN. 270000 KRW = 95,055.05 NGN. 280000 KRW = 98,575.61 NGN. 290000 KRW = 102,096.16 NGN.

300000 KRW = 105,616.72 NGN
310000 KRW = 109,137.28 NGN. 320000 KRW = 112,657.84 NGN. 330000 KRW = 116,178.39 NGN. 340000 KRW = 119,698.95 NGN. 350000 KRW = 123,219.51 NGN. 360000 KRW = 126,740.07 NGN. 370000 KRW = 130,260.62 NGN. 380000 KRW = 133,781.18 NGN. 390000 KRW = 137,301.74 NGN.

400000 KRW = 140,822.30 NGN
410000 KRW = 144,342.85 NGN. 420000 KRW = 147,863.41 NGN. 430000 KRW = 151,383.97 NGN. 440000 KRW = 154,904.52 NGN. 450000 KRW = 158,425.08 NGN. 460000 KRW = 161,945.64 NGN. 470000 KRW = 165,466.20 NGN. 480000 KRW = 168,986.75 NGN. 490000 KRW = 172,507.31 NGN.

500000 KRW = 176,027.87 NGN
510000 KRW = 179,548.43 NGN. 520000 KRW = 183,068.98 NGN. 530000 KRW = 186,589.54 NGN. 540000 KRW = 190,110.10 NGN. 550000 KRW = 193,630.66 NGN. 560000 KRW = 197,151.21 NGN. 570000 KRW = 200,671.77 NGN. 580000 KRW = 204,192.33 NGN. 590000 KRW = 207,712.89 NGN.

600000 KRW = 211,233.44 NGN
610000 KRW = 214,754.00 NGN. 620000 KRW = 218,274.56 NGN. 630000 KRW = 221,795.12 NGN. 640000 KRW = 225,315.67 NGN. 650000 KRW = 228,836.23 NGN. 660000 KRW = 232,356.79 NGN. 670000 KRW = 235,877.34 NGN. 680000 KRW = 239,397.90 NGN. 690000 KRW = 242,918.46 NGN.

700000 KRW = 246,439.02 NGN
710000 KRW = 249,959.57 NGN. 720000 KRW = 253,480.13 NGN. 730000 KRW = 257,000.69 NGN. 740000 KRW = 260,521.25 NGN. 750000 KRW = 264,041.80 NGN. 760000 KRW = 267,562.36 NGN. 770000 KRW = 271,082.92 NGN. 780000 KRW = 274,603.48 NGN. 790000 KRW = 278,124.03 NGN.

800000 KRW = 281,644.59 NGN
810000 KRW = 285,165.15 NGN. 820000 KRW = 288,685.71 NGN. 830000 KRW = 292,206.26 NGN. 840000 KRW = 295,726.82 NGN. 850000 KRW = 299,247.38 NGN. 860000 KRW = 302,767.94 NGN. 870000 KRW = 306,288.49 NGN. 880000 KRW = 309,809.05 NGN. 890000 KRW = 313,329.61 NGN.

900000 KRW = 316,850.16 NGN
910000 KRW = 320,370.72 NGN. 920000 KRW = 323,891.28 NGN. 930000 KRW = 327,411.84 NGN. 940000 KRW = 330,932.39 NGN. 950000 KRW = 334,452.95 NGN. 960000 KRW = 337,973.51 NGN. 970000 KRW = 341,494.07 NGN. 980000 KRW = 345,014.62 NGN. 990000 KRW = 348,535.18 NGN.

1000000 KRW = 352,055.74 NGN
1010000 KRW = 355,576.30 NGN. 1020000 KRW = 359,096.85 NGN. 1030000 KRW = 362,617.41 NGN. 1040000 KRW = 366,137.97 NGN. 1050000 KRW = 369,658.53 NGN. 1060000 KRW = 373,179.08 NGN. 1070000 KRW = 376,699.64 NGN. 1080000 KRW = 380,220.20 NGN. 1090000 KRW = 383,740.75 NGN.

1100000 KRW = 387,261.31 NGN
1110000 KRW = 390,781.87 NGN. 1120000 KRW = 394,302.43 NGN. 1130000 KRW = 397,822.98 NGN. 1140000 KRW = 401,343.54 NGN. 1150000 KRW = 404,864.10 NGN. 1160000 KRW = 408,384.66 NGN. 1170000 KRW = 411,905.21 NGN. 1180000 KRW = 415,425.77 NGN. 1190000 KRW = 418,946.33 NGN.

1200000 KRW = 422,466.89 NGN
1210000 KRW = 425,987.44 NGN. 1220000 KRW = 429,508.00 NGN. 1230000 KRW = 433,028.56 NGN. 1240000 KRW = 436,549.12 NGN. 1250000 KRW = 440,069.67 NGN. 1260000 KRW = 443,590.23 NGN. 1270000 KRW = 447,110.79 NGN. 1280000 KRW = 450,631.35 NGN. 1290000 KRW = 454,151.90 NGN.

1300000 KRW = 457,672.46 NGN
1310000 KRW = 461,193.02 NGN. 1320000 KRW = 464,713.57 NGN. 1330000 KRW = 468,234.13 NGN. 1340000 KRW = 471,754.69 NGN. 1350000 KRW = 475,275.25 NGN. 1360000 KRW = 478,795.80 NGN. 1370000 KRW = 482,316.36 NGN. 1380000 KRW = 485,836.92 NGN. 1390000 KRW = 489,357.48 NGN.

1400000 KRW = 492,878.03 NGN
1410000 KRW = 496,398.59 NGN. 1420000 KRW = 499,919.15 NGN. 1430000 KRW = 503,439.71 NGN. 1440000 KRW = 506,960.26 NGN. 1450000 KRW = 510,480.82 NGN. 1460000 KRW = 514,001.38 NGN. 1470000 KRW = 517,521.94 NGN. 1480000 KRW = 521,042.49 NGN. 1490000 KRW = 524,563.05 NGN.

1500000 KRW = 528,083.61 NGN

Why are exchange rates changing?

Currency graphs have been hyperactive with high jumps and low dips lately. This fluctuation is normal and is governed by supply and demand. Currency exchange involves the buying and selling of the world's monies vis-à-vis any other commodity. If the need for a particular country's currency is high, the high demand leads to a higher forex rate, and vice versa.

But the demand and supply of the world's currencies are influenced by many other factors.

Just like the demand and supply of oil is influenced by the number of vehicles on the road or the technological efficiency in the production of that oil, money has similar determinants. They range from monetary policies to politics and other factors that affect the economy.

Changing inflation rates

Inflation rates are direct indicators of the purchasing power of a country's currency. If the inflation rate is high in your country, you might need more money to buy a cup of coffee now than you did last year. If it is low, the same cup of coffee will cost surprisingly lower.

High inflation rates indicate a weakening economy, while low inflation rates denote a strengthening economy. Currency values rise when the inflation rate is lower, and the economy is stronger. They fall when inflation rises.

Different political climates

Economy and politics are tied at the hip. Bad political temperatures can lead to the weakening of a country's currency and cause it to trade for less in the forex market. That is why you find that 1 USD can be worth thousands in countries with unstable politics from Venezuela to Zimbabwe. When politics is bad, it destroys the business environment and productivity, leading to a weaker economy.

Politically sound countries, on the other hand, have an encouraging environment for investors and innovators. Their economy gets stronger, and the demand for their currencies increases. However, even politically stable countries can have rapid changes in exchange rates when nearing an election.

Changes in interest rates

Higher interest rate is another investor magnet. Let's say country A has a higher interest rate than country B. Lenders get high rates and investors are guaranteed a higher return on their investments in country A. This country will, therefore, attract more business from the outside and entrepreneurship from the inside than country B which has lower interest’s rates. The economy of country A will outperform that of country B, and it will see its currency value appreciate significantly.

Exports and imports

International trade affects the balance of trade between country A and B. It shows interest, dividend, and earnings made from the exchange of goods between those two countries. Country A would have a deficit of its buying more of country B's products.

This country would spend more currency than it receives from trading with country B. The excess demand for country B's currency drives up its value because it starts to become scarce. On the other hand, country A's currency value will start to decline because the world is oversupplied with it.

Domestic and international debt

Countries that operate on a deficit budget spend more than they make (collect in taxes). These countries often turn to internal or international borrowing to fill the gap in their finances and stimulate the economy.

However, that can lead to a massive public debt that discourages foreign investors and domestic entrepreneurs because large public debt drives up inflation and minimize returns on investment. The economy of such a country takes on a downturn. That eventuality leads to a weaker currency and a lower exchange rate.

Health risks, epidemics, and public fear

Much of the whipsawing currently happening in the Forex market is linked to the coronavirus. Health disasters like these wreak havoc to a country's economy and make it impossible to work. A lot of resources are directed towards the health issue, while other areas of the economy suffer.

Productivity is hugely impacted.

When it comes to ailments like influenza, malaria, and HIV AIDs, developed countries, have created better response strategies and lowered their infection rates. These countries boast of better economies as a result, and higher exchange rates in the Forex market.

But for a new epidemic that is affecting all parts of the world equally, exchange rates are dropping and rising based on individual country's response measures, death tolls, and progress in developing a cure vaccine.

The takeaway

Countless factors affect the demand and supply of a country's currency and in turn, the exchange rate. It all boils down to economic productivity and stability. Countries with stronger or strengthening economies will have a higher exchange rate (you will buy more foreign currency with their money) compared to countries with weaker or weakening economies.

Live KRW To NGN Rate

Some amounts at the snapped KRW to NGN exchange rate: