South Korean Won to Australian Dollar — exchange rate

Country of Circulation: South Korea

Currency Code, Symbol: KRW, ₩

Denominations of coins in circulation: ₩10, ₩50, ₩100, ₩500

Denominations of banknotes in circulation: ₩1,000, ₩5,000, ₩10,000, ₩50,000

History: The South Korean won (₩) is the official currency of South Korea. The banknotes are not used in other countries. An international name, used in exchange, is KRW.Chon, a small coin, is used for exchange. One KRW has 100 chon. The currency first appeared in the country in 1945, replacing the Korean yen. Afterwards, there was the South Korean hwan, but in 1962, the won was restored as an official currency again. The notes and coins of South Korea are unique in their colorful design. There are important figures, cultural and religious objects printed on them.Read More

Country of Circulation: Australia, Ashmore and Cartier Islands, Australian Antarctic Territory, Christmas Island and others

Currency Code, Symbol: AUD, AU$

Denominations of coins in circulation: 5c, 10c, 20c, 50c, $1, $2

Denominations of banknotes in circulation: $5, $10, $20, $50, $100

History: The Australian dollar (symbol: $ ,code: AUD, number 036) is the currency of the Commonwealth of Australia. It is used not only on the territory of Australia, but also on the adjacent islands: Cocos Islands, Norfolk, and Christmas Islands. $ is identified as AUD or by the classic dollar sign on the global financial market.One AUD is 100 cents. It has come into action in 1966, replacing the Australian pound. Since the late 80s, banknotes have been being made from special flexible plastic instead of paper. It makes money last longer in humid Australian climate. Interestingly, all banknotes have the same height, but are different in length. On the notes you can find portraits of historical and political figures, important buildings and objects. Australia also regularly issues commemorative coins worth 50 cents.Read More