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1bit to KRW Converter and calculator

1bit/KRW: 1 1bit = 0.3966 KRW. The price of converting 1 1 bit coin (1bit) to South Korean Won (KRW) is 0.3966 KRW today.
1bit
1bit
KRW
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides 1bit to KRW real-time exchange rates, making it easy to convert 1 bit coin (1bit) to South Korean Won (KRW). The conversion result is based on real-time data. The conversion result shows that 1 1bit is currently valued at 0.3966 KRW. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 1bit is currently valued at 0.3966 KRW, which means buying 5 1bit would cost 1.98 KRW. Similarly, ₩1 KRW can be converted to 2.52 1bit, and ₩50 KRW can be converted to 12.61 1bit, excluding any platform or gas fees.

Convert 1bit to KRW

Convert KRW to 1bit

1 bit coin
South Korean Won
1 1bit
0.3966  KRW
Exchange 1 1bit for 0.3966 KRW
2 1bit
0.7932  KRW
Exchange 2 1bit for 0.7932 KRW
5 1bit
1.98  KRW
Exchange 5 1bit for 1.98 KRW
10 1bit
3.97  KRW
Exchange 10 1bit for 3.97 KRW
20 1bit
7.93  KRW
Exchange 20 1bit for 7.93 KRW
50 1bit
19.83  KRW
Exchange 50 1bit for 19.83 KRW
100 1bit
39.66  KRW
Exchange 100 1bit for 39.66 KRW
200 1bit
79.32  KRW
Exchange 200 1bit for 79.32 KRW
500 1bit
198.29  KRW
Exchange 500 1bit for 198.29 KRW
1000 1bit
396.58  KRW
Exchange 1000 1bit for 396.58 KRW
5000 1bit
1,982.91  KRW
Exchange 5000 1bit for 1,982.91 KRW
10000 1bit
3,965.81  KRW
Exchange 10000 1bit for 3,965.81 KRW
In the table above, you'll find a comprehensive 1bit to KRW converter that shows the value of 1 bit coin in South Korean Won across commonly used conversion amounts. The list covers conversions from 1 1bit to KRW, all the way up to 10000 1bit, providing a clear view of their respective values.
South Korean Won
1 bit coin
1 KRW
2.52 1bit
Exchange 1 KRW for 2.52 1bit
10 KRW
25.22 1bit
Exchange 10 KRW for 25.22 1bit
50 KRW
126.08 1bit
Exchange 50 KRW for 126.08 1bit
100 KRW
252.16 1bit
Exchange 100 KRW for 252.16 1bit
200 KRW
504.31 1bit
Exchange 200 KRW for 504.31 1bit
500 KRW
1,260.78 1bit
Exchange 500 KRW for 1,260.78 1bit
1000 KRW
2,521.55 1bit
Exchange 1000 KRW for 2,521.55 1bit
2000 KRW
5,043.1 1bit
Exchange 2000 KRW for 5,043.1 1bit
5000 KRW
12,607.75 1bit
Exchange 5000 KRW for 12,607.75 1bit
10000 KRW
25,215.5 1bit
Exchange 10000 KRW for 25,215.5 1bit
50000 KRW
126,077.52 1bit
Exchange 50000 KRW for 126,077.52 1bit
100000 KRW
252,155.03 1bit
Exchange 100000 KRW for 252,155.03 1bit
In the table above, you'll find a comprehensive KRW to 1bit converter that shows the value of South Korean Won in 1 bit coin across commonly used conversion amounts. The list covers conversions from 1 KRW to 1bit, all the way up to 100000 KRW, providing a clear view of their respective values.

1bit to KRW chart

1bit/KRW: 1 1bit = 0.3966 KRW; 2025/11/15 23:09:25
In the past 1D, 1 bit coin has changed +0.00% to KRW. Based on the trend and price charts, 1 bit coin(1bit) has changed +0.00% to KRW while South Korean Won(KRW) has changed % to 1bit in the last 24 hours.
1D7D1M3M1YAll

1bit to KRW conversion data: Volatility and price changes of 1 bit coin in KRW

The highest 1 bit coin price in KRW over the past 7 days was -- KRW while the lowest 1 bit coin price in KRW over the past 7 days was -- KRW. The relative change between the highs and lows in 1 bit coin price in KRW over the last 7 days indicates a volatility of %. You can view additional volatility data and 1bit to KRW prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.4004 KRW
-- KRW
-- KRW
-- KRW
Low
0.3952 KRW
-- KRW
-- KRW
-- KRW
Average
0 KRW
0 KRW
0 KRW
0 KRW
Volatility
%
%
%
%
Change
+0.00%
--
--
--

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Bitget P2P trading does not currently support direct buying of 1bit with KRW. However, you can buy USDT in Bitget P2P trading first, and then buy 1bit with USDT via Bitget spot market.
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1 bit coin information

1bit to KRW market statistics

1bit/KRW:
₩0.3966
1bit 24h volume:
₩94,399.17
1bit market cap:
₩8,322,779.69
1bit circulating supply:
20.99M 1bit

Current 1bit to KRW exchange rate

1 bit coin to South Korean Won is falling this week.
1 bit coin's current market price is ₩0.3966 per 1bit, with a total market cap of ₩8,322,779.69 KRW based on a circulating supply of 20,986,310 1bit. The trading volume of 1 bit coin has changed by --% (₩-- KRW) in the last 24 hours. Last trading day, 1bit's trading volume was ₩--.

More info about 1 bit coin on Bitget

South Korean Won 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.

Bitget crypto-to-fiat exchange data shows that the most popular 1 bit coin currency pair is the 1bit to KRW, with for 1 bit coin's currency code being 1bit. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KRW.

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How to convert 1bit to KRW

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1bit to KRW Conversion tables

The exchange rate of 1 bit coin is decreasing.
The exchange rate of 1 1bit to South Korean Won has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.00%, reaching a high of 0.4004 KRW and a low of 0.3952 KRW . One month ago, the value of 1 1bit was ₩-- KRW , which represents a --% change from its current value. Over the last year, 1 bit coin has changed by
-
--KRW
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount 23:09 today 24 hours ago 24h change
0.5 1bit
₩0.1983₩--
+0.00%
1 1bit
₩0.3966₩--
+0.00%
5 1bit
₩1.98₩--
+0.00%
10 1bit
₩3.97₩--
+0.00%
50 1bit
₩19.83₩--
+0.00%
100 1bit
₩39.66₩--
+0.00%
500 1bit
₩198.29₩--
+0.00%
1000 1bit
₩396.58₩--
+0.00%

1bit to KRW FAQ

How much is 1 1 bit coin in KRW?
Right now, the price of 1 1 bit coin (1bit) in South Korean Won (KRW) is ₩0.3966.
How much 1bit can I buy for 1 KRW?
Based on the current exchange rate, you can get 2.52 1bit for 1 KRW.
How do I calculate or convert 1bit to KRW?
You can use our 1bit to KRW calculator at the top of this page to convert any amount of 1bit to KRW. We've also included quick-reference tables for the most popular conversions. For example, 5 KRW is equivalent to 12.61 1bit, while 5 1bit will cost around 1.98KRW.
What is the highest price of 1bit/KRW in history?
The all-time high price of 1 1bit in KRW is --. It remains to be seen if the value of 1 1bit/KRW will exceed the current all-time high.
What is the price trend of 1 bit coin in KRW?
Over the past 7 days, the exchange rate of 1 bit coin (1bit) has gone down by --.   Over the last month, the exchange rate of 1 bit coin (1bit) has gone down by -- against South Korean Won (KRW).

What factors influence the conversion rate of 1bit to KRW?

There are many factors that affect the relationship between 1 bit coin and South Korean Won, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of 1bit/KRW. When there is positive news in the market about the widespread adoption of 1bit or major technological breakthroughs, it tends to trigger market optimism and drive the rise of 1bit/KRW. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in 1bit/KRW.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of 1bit/KRW. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of 1 bit coin and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular 1 bit coin currency pairs: 1bit to US Dollar (USD), 1bit to Euro (EUR), 1bit to Pound Sterling (GBP), 1bit to Canadian Dollar (CAD), 1bit to Indian Rupee (INR), 1bit to Pakistani Rupee (PKR), 1bit to Brazilian Real (BRL), 1bit to…
The price of 1 bit coin in the US is $0.0002736 USD. Additionally, 1 bit coin’s price is €0.0002354 EUR in the eurozone, £0.0002079 GBP in the UK, C$0.0003839 CAD in Canada, ₹0.02427 INR in India, ₨0.07730 PKR in Pakistan, R$0.001449 BRL in Brazil, and more.
The most popular 1 bit coin currency pair is the 1bit to South Korean Won(KRW). The price of 1 1 bit coin (1bit) in South Korean Won (KRW) is ₩0.3966.

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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.