Compare the best South Korean won buyback rates and exchange South Korean won to pounds
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You receive £146.74 | Buyback rate 1946.89 | Estimated postage £7.35 | Sell Now |
| Currency Online Group ❯ | ||||
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You receive £146.11 | Buyback rate 1954.9 | Estimated postage £7.35 | Sell Now |
| The Currency Club ❯ | ||||
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You receive £146.11 | Buyback rate 1954.9 | Estimated postage £7.35 | Sell Now |
| Sterling ❯ | ||||
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You receive £141.20 | Buyback rate 2019.48 | Estimated postage £7.35 | Sell Now |
| Travel FX ❯ | ||||
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You receive £136.42 | Buyback rate 2086.63 | Estimated postage £7.35 | Sell Now |
| Covent Garden FX ❯ | ||||
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You receive £120.43 | Buyback rate 2347.8 | Estimated postage £7.35 | Sell Now |
| Manor FX ❯ | ||||
It's easy to sell your leftover South Korean won online. Use our South Korean won buyback comparisons to find the best deal, then follow the link to the buyer's website to place your order online and lock-in your buyback rate. You'll need to decide whether to post your South Korean won to the buyer, or try searching for a store near you so you can exchange your South Korean won in person.
Sell by postSecurely package your South Korean won and post it to the buyer using Royal Mail Special Delivery which is fully tracked and insured. Once the buyer has received your package they'll pay you by bank transfer within one working day.
Sell in-storeUse our store finder to search for your nearest currency exchange, then simply take your South Korean won to the store to sell over the counter. You'll save on postage fees, but availability varies by location and you'll have fewer deals to choose from compared to selling by post.
Currency Online Group are offering the best South Korean won buyback rate right now at 1946.89. At this rate, 1 South Korean won is worth £0.00. You'll need to place your order online to get this rate which is based on a comparison of 6 foreign exchange companies and assumes you were selling 300000 South Korean won by post.
It can be difficult to exchange leftover South Korean won coins. Banks and foreign exchange companies don't generally accept coins because they're expensive to process and transport, so your options for exchanging any leftover shrapnel back into pounds can be limited:
Over the past 30 days, the South Korean won buyback rate has risen 0.32% from 1946.89 on 31 Mar to 1953.12 today. This means South Korean won can be exchanged for more pounds today compared to a month ago. Right now, ₩300000 is worth approximately £153.60 which is £0.49 more than you'd have got on 31 Mar.
These are the average South Korean won buyback rates taken from our panel of UK travel money providers at the end of each day. You can explore this further on our South Korean won to British pound currency chart.
No, you'll get more for your South Korean won if you sell when the South Korean won buyback rate is low. This is due to a quirk of how British currency providers display their buyback exchange rates.
When you buy South Korean won, the exchange rate you get is the amount of South Korean won you'll receive for every pound that you spend, so for example a rate of 1946.89 means you'd get ₩1946.89 for each £1 that you spend. You can calculate the total amount of South Korean won you'd receive for a given amount of sterling by simply multiplying the sterling amount by the exchange rate.
When it comes to selling South Korean won, the buyback rate is expressed in terms of how many South Korean won you'd need to sell in order to get £1, so a buyback rate of 1946.89 means you'd need to sell ₩1946.89 to get £1. To calculate the sterling value of a given amount of South Korean won, you need to divide the South Korean won amount by the buyback rate. Since you're dividing by the buyback rate, a lower buyback rate means you'd get more sterling compared to a higher buyback rate.
One South Korean won (₩) can theoretically be subdivded into 100 jeon, however due to their low value jeon are no longer in circulation and the smallest unit of physical currency you're likely to come across is the ₩10 coin.
There are four denominations of South Korean won banknotes in frequent circulation: ₩1000, ₩5000, ₩10000 and ₩50000; and four coin denominations: ₩10, ₩50, ₩100 and ₩500.
The current series of South Korean won banknotes, issued by the Bank of Korea, was introduced in 2007 and is commonly known as the 'Korean New Series'. Each banknote features designs that highlight Korea's cultural heritage, intellectual achievements, and artistic legacy. For example, the ₩1000 note depicts Korean philosopher Yi Hwang alongside a traditional Korean decorative painting technique called "dancheong" which is found in temples and palaces across the country. The highest denomination note - ₩50000 - commemorates Shin Saimdang; an accomplished Korean artist, alongside her masterpiece landscape painting "Geumgang jeondo".
| Denomination | Sterling equivalent |
|---|---|
| ₩1000 | £0.51 |
| ₩5000 | £2.57 |
| ₩10000 | £5.14 |
| ₩50000 | £25.68 |
| Denomination | Sterling equivalent |
|---|---|
| ₩10 | £0.005 |
| ₩50 | £0.03 |
| ₩100 | £0.05 |
| ₩500 | £0.26 |