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VELO to KRW Converter and calculator

VELO/KRW: 1 VELO = 10.07 KRW. The price of converting 1 Velo (VELO) to South Korean Won (KRW) is 10.07 KRW today.
VELO
VELO
KRW
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides VELO to KRW real-time exchange rates, making it easy to convert Velo (VELO) to South Korean Won (KRW). The conversion result is based on real-time data. The conversion result shows that 1 VELO is currently valued at 10.07 KRW. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 VELO is currently valued at 10.07 KRW, which means buying 5 VELO would cost 50.35 KRW. Similarly, ₩1 KRW can be converted to 0.09930 VELO, and ₩50 KRW can be converted to 0.4965 VELO, excluding any platform or gas fees.

Convert VELO to KRW

Convert KRW to VELO

Velo
South Korean Won
1 VELO
10.07  KRW
Exchange 1 VELO for 10.07 KRW
2 VELO
20.14  KRW
Exchange 2 VELO for 20.14 KRW
5 VELO
50.35  KRW
Exchange 5 VELO for 50.35 KRW
10 VELO
100.7  KRW
Exchange 10 VELO for 100.7 KRW
20 VELO
201.41  KRW
Exchange 20 VELO for 201.41 KRW
50 VELO
503.51  KRW
Exchange 50 VELO for 503.51 KRW
100 VELO
1,007.03  KRW
Exchange 100 VELO for 1,007.03 KRW
200 VELO
2,014.05  KRW
Exchange 200 VELO for 2,014.05 KRW
500 VELO
5,035.13  KRW
Exchange 500 VELO for 5,035.13 KRW
1000 VELO
10,070.27  KRW
Exchange 1000 VELO for 10,070.27 KRW
5000 VELO
50,351.33  KRW
Exchange 5000 VELO for 50,351.33 KRW
10000 VELO
100,702.67  KRW
Exchange 10000 VELO for 100,702.67 KRW
In the table above, you'll find a comprehensive VELO to KRW converter that shows the value of Velo in South Korean Won across commonly used conversion amounts. The list covers conversions from 1 VELO to KRW, all the way up to 10000 VELO, providing a clear view of their respective values.
South Korean Won
Velo
1 KRW
0.09930 VELO
Exchange 1 KRW for 0.09930 VELO
10 KRW
0.9930 VELO
Exchange 10 KRW for 0.9930 VELO
50 KRW
4.97 VELO
Exchange 50 KRW for 4.97 VELO
100 KRW
9.93 VELO
Exchange 100 KRW for 9.93 VELO
200 KRW
19.86 VELO
Exchange 200 KRW for 19.86 VELO
500 KRW
49.65 VELO
Exchange 500 KRW for 49.65 VELO
1000 KRW
99.3 VELO
Exchange 1000 KRW for 99.3 VELO
2000 KRW
198.6 VELO
Exchange 2000 KRW for 198.6 VELO
5000 KRW
496.51 VELO
Exchange 5000 KRW for 496.51 VELO
10000 KRW
993.02 VELO
Exchange 10000 KRW for 993.02 VELO
50000 KRW
4,965.11 VELO
Exchange 50000 KRW for 4,965.11 VELO
100000 KRW
9,930.22 VELO
Exchange 100000 KRW for 9,930.22 VELO
In the table above, you'll find a comprehensive KRW to VELO converter that shows the value of South Korean Won in Velo across commonly used conversion amounts. The list covers conversions from 1 KRW to VELO, all the way up to 100000 KRW, providing a clear view of their respective values.

VELO to KRW chart

VELO/KRW: 1 VELO = 10.07 KRW; 2025/11/17 13:51:38
In the past 1D, Velo has changed +10.11% to KRW. Based on the trend and price charts, Velo(VELO) has changed +10.11% to KRW while South Korean Won(KRW) has changed % to VELO in the last 24 hours.
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VELO to KRW conversion data: Volatility and price changes of Velo in KRW

The highest Velo price in KRW over the past 7 days was 11.3 KRW while the lowest Velo price in KRW over the past 7 days was 8.89 KRW. The relative change between the highs and lows in Velo price in KRW over the last 7 days indicates a volatility of %. You can view additional volatility data and VELO 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
10.19 KRW
11.3 KRW
14.75 KRW
24.21 KRW
Low
8.89 KRW
8.89 KRW
8.89 KRW
8.89 KRW
Average
0 KRW
0 KRW
0 KRW
0 KRW
Volatility
%
%
%
%
Change
+10.11%
-6.93%
-25.22%
-55.29%

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Velo information

VELO to KRW market statistics

VELO/KRW:
₩10.07
VELO 24h volume:
₩25,826,898,876.68
VELO market cap:
₩176,872,914,156.06
VELO circulating supply:
17.56B VELO

Current VELO to KRW exchange rate

Velo to South Korean Won is falling this week.
Velo's current market price is ₩10.07 per VELO, with a total market cap of ₩176,872,914,156.06 KRW based on a circulating supply of 17,563,875,000 VELO. The trading volume of Velo has changed by +85.74% (₩11,921,912,682.83 KRW) in the last 24 hours. Last trading day, VELO's trading volume was ₩13,904,986,193.85.

More info about Velo 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 Velo currency pair is the VELO to KRW, with for Velo's currency code being VELO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KRW.

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VELO to KRW Conversion tables

The exchange rate of Velo is decreasing.
The exchange rate of 1 VELO to South Korean Won has changed by -6.93% in the last 7 days. In the last 24 hours, the rate has fluctuated by +10.11%, reaching a high of 10.19 KRW and a low of 8.89 KRW . One month ago, the value of 1 VELO was ₩13.48 KRW , which represents a -25.22% change from its current value. Over the last year, Velo has changed by
-
9.6KRW
, resulting in a change of -48.73% in its value.
24 hours ago1 month ago1 year ago
Amount 13:51 today 24 hours ago 24h change
0.5 VELO
₩5.04₩4.57
+10.11%
1 VELO
₩10.07₩9.14
+10.11%
5 VELO
₩50.35₩45.72
+10.11%
10 VELO
₩100.7₩91.44
+10.11%
50 VELO
₩503.51₩457.18
+10.11%
100 VELO
₩1,007.03₩914.35
+10.11%
500 VELO
₩5,035.13₩4,571.77
+10.11%
1000 VELO
₩10,070.27₩9,143.55
+10.11%

VELO to KRW FAQ

How much is 1 Velo in KRW?
Right now, the price of 1 Velo (VELO) in South Korean Won (KRW) is ₩10.07.
How much VELO can I buy for 1 KRW?
Based on the current exchange rate, you can get 0.09930 VELO for 1 KRW.
How do I calculate or convert VELO to KRW?
You can use our VELO to KRW calculator at the top of this page to convert any amount of VELO to KRW. We've also included quick-reference tables for the most popular conversions. For example, 5 KRW is equivalent to 0.4965 VELO, while 5 VELO will cost around 50.35KRW.
What is the highest price of VELO/KRW in history?
The all-time high price of 1 VELO in KRW is ₩3,020.39. It remains to be seen if the value of 1 VELO/KRW will exceed the current all-time high.
What is the price trend of Velo in KRW?
Over the past 7 days, the exchange rate of Velo (VELO) has gone down by 6.93%.   Over the last month, the exchange rate of Velo (VELO) has gone down by 25.22% against South Korean Won (KRW).

What factors influence the conversion rate of VELO to KRW?

There are many factors that affect the relationship between Velo 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 VELO/KRW. When there is positive news in the market about the widespread adoption of VELO or major technological breakthroughs, it tends to trigger market optimism and drive the rise of VELO/KRW. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in VELO/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 VELO/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 Velo 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 Velo currency pairs: VELO to US Dollar (USD), VELO to Euro (EUR), VELO to Pound Sterling (GBP), VELO to Canadian Dollar (CAD), VELO to Indian Rupee (INR), VELO to Pakistani Rupee (PKR), VELO to Brazilian Real (BRL), VELO to…
The price of Velo in the US is $0.006889 USD. Additionally, Velo’s price is €0.005935 EUR in the eurozone, £0.005231 GBP in the UK, C$0.009660 CAD in Canada, ₹0.6105 INR in India, ₨1.95 PKR in Pakistan, R$0.03649 BRL in Brazil, and more.
The most popular Velo currency pair is the VELO to South Korean Won(KRW). The price of 1 Velo (VELO) in South Korean Won (KRW) is ₩10.07.

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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.