South Korean Won to Mexican Peso — 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: Mexico

Currency Code, Symbol: MXN, $

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

Denominations of banknotes in circulation: $20, $50, $100, $200, $500

History: The Mexican peso (symbol: $, code: MXN, number: 484 ) is the official currency of Mexico. Its notes and coins are not used in other countries. A widespread international name for the currency used on the exchange market and in exchange offices is MXN.Mexican peso can be subdivided into centavos. Every MXN has 100 centavos. The currency first appeared in 1993 and replaced the Mexican reals. Up until 1999 the currency had been called the new Mexican peso. As soon as this currency appeared, it became a catalyzer for a large-scale financial crisis. Real had gone through inflation before, but the consequences of the 1992 crisis become fatal for the old monetary unit.Read More