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Frax Share to South Korean Won Converter and calculator

Convert 1Frax Share (FXS) to South Korean Won (KRW) equals ₩ 5,640.32 | 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 Frax Share(FXS) to South Korean Won(KRW). This is the real-time data. The current conversion shows 1 FXS at a value of 1 FXS for 5,640.32 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 Frax Share currency pair is the FXS to KRW, with for Frax Share's currency code being FXS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KRW.

FXS to KRW conversion rate trend

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In the past 1D, Frax Share has changed -4.35% to KRW. Based on the trend and price charts, Frax Share(FXS) has changed -4.35% to KRW while South Korean Won(KRW) has changed % to FXS in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₩5,651.43
0.0001% / 0.0004%vip-iconVIP
Binance
₩5,667.68
0.1000% / 0.1000%
Yes
OKX
₩5,663.62
0.080% / 0.100%
Yes
Huobi
₩5,660.77
0.1000% / 0.1000%
Yes
Gate.io
₩5,669.03
0.1000% / 0.1000%
Yes
Bybit
₩5,662.53
0.1000% / 0.1000%
Yes
KuCoin
₩5,658.2
0.1000% / 0.1000%
Yes
Last updated 2024/05/19 23:00:18(UTC+0)

How to buy Frax Share

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Buy Frax Share (FXS)
Use a variety of payment options to buy Frax Share on Bitget. We'll show you how.

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

Frax Share to South Korean Won is rising this week.
Frax Share's current market price is ₩ 5,640.32 per FXS, with a total market cap of ₩ 447,049,234,057.27 KRW based on a circulating supply of 79,259,540 FXS. The trading volume of Frax Share has changed by -22.26% (₩ -3,976,369,278.36 KRW) in the last 24 hours. Last trading day, FXS's trading volume was ₩ 17,863,374,401.32.
Market cap
$330.10M
24h volume
$10.25M
Circulating supply
79.26M FXS

Conversion tables

The exchange rate of Frax Share is decreasing.
1 FXS is currently valued at ₩ 5,640.32 KRW , which means buying 5 FXS will cost ₩ 28,201.6 KRW . Similarly, ₩1 KRW can be traded for 0.0001773 FXS, and ₩50 KRW can be converted to 0.008865 FXS, excluding any platform or gas fees.
The exchange rate of 1 FXS to South Korean Won has changed by +1.22% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.35%, reaching a high of 5,924.76 KRW and a low of 5,615.63 KRW . One month ago, the value of 1 FXS was ₩ 6,707 KRW , which represents a -15.90% change from its current value. Over the last year, Frax Share has changed by
-
4,122.21KRW
, resulting in a change of -42.22% in its value.

FXS to KRW

Amount
23:37 today
0.5 FXS
2,820.16
1 FXS
5,640.32
5 FXS
28,201.6
10 FXS
56,403.21
50 FXS
282,016.05
100 FXS
564,032.1
500 FXS
2,820,160.48
1000 FXS
5,640,320.95

KRW to FXS

Amount23:37 today
0.5KRW0.{4}8865  FXS
1KRW0.0001773  FXS
5KRW0.0008865  FXS
10KRW0.001773  FXS
50KRW0.008865  FXS
100KRW0.01773  FXS
500KRW0.08865  FXS
1000KRW0.1773  FXS
Buy Frax Share for 1 KRW
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Today vs. 24 hours ago

Amount23:37 today24 hours ago24h change
0.5 FXS$2.08$2.18
-4.35%
1 FXS$4.16$4.35
-4.35%
5 FXS$20.82$21.77
-4.35%
10 FXS$41.65$43.54
-4.35%
50 FXS$208.24$217.71
-4.35%
100 FXS$416.48$435.41
-4.35%
500 FXS$2,082.4$2,177.07
-4.35%
1000 FXS$4,164.8$4,354.14
-4.35%

Today vs. 1 month ago

Amount23:37 today1 month ago1M change
0.5 FXS$2.08$2.48
-15.90%
1 FXS$4.16$4.95
-15.90%
5 FXS$20.82$24.76
-15.90%
10 FXS$41.65$49.52
-15.90%
50 FXS$208.24$247.62
-15.90%
100 FXS$416.48$495.24
-15.90%
500 FXS$2,082.4$2,476.22
-15.90%
1000 FXS$4,164.8$4,952.43
-15.90%
Buy Frax Share for 1 KRW
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Today vs. 1 year ago

Amount23:37 today1 year ago1Y change
0.5 FXS$2.08$3.6
-42.22%
1 FXS$4.16$7.21
-42.22%
5 FXS$20.82$36.04
-42.22%
10 FXS$41.65$72.09
-42.22%
50 FXS$208.24$360.43
-42.22%
100 FXS$416.48$720.86
-42.22%
500 FXS$2,082.4$3,604.31
-42.22%
1000 FXS$4,164.8$7,208.63
-42.22%

Frax Share price prediction

What will the price of FXS be in 2025?

Based on FXS's historical price performance prediction model, the price of FXS is projected to reach $7.14 in 2025.

What will the price of FXS be in 2030?

In 2030, the FXS price is expected to rise by +1.00%. By the end of 2030, the FXS price is projected to reach $13.37, with a cumulative ROI of +221.05%.
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Buy Frax Share for 1 KRW
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Buy Frax Share for 1 KRW
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FAQ

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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.