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Sovi Finance to South Korean Won Converter and calculator

Convert 1Sovi Finance (SOVI) to South Korean Won (KRW) equals ₩ 290.94 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Sovi Finance(SOVI) to South Korean Won(KRW). This is the real-time data. The current conversion shows 1 SOVI at a value of 1 SOVI for 290.94 KRW . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

KRW 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.

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

SOVI to KRW conversion rate trend

1D7D1M3M1YAll
In the past 1D, Sovi Finance has changed +5.36% to KRW. Based on the trend and price charts, Sovi Finance(SOVI) has changed +5.36% to KRW while South Korean Won(KRW) has changed % to SOVI in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₩290.94
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/07/10 08:00:48(UTC+0)

How to buy Sovi Finance

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Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Sovi Finance (SOVI)
Use a variety of payment options to buy Sovi Finance on Bitget. We'll show you how.

Buy SOVI (or USDT) for KRW (South Korean Won) offers

Bitget P2P trading does not currently support direct buying of SOVI with KRW. However, you can buy USDT in Bitget P2P trading first, and then buy SOVI with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
P
Ponreay_FXVerified Merchant
164 tradesCompletion rate 99.00%
1.01 USD
Amount889.38 USDT
Limit10 - 898.273 USD
Wing MoneyTrue Money (Cambodia)Bank Transfer (Cambodia)ABA (Cambodia)
Buy
金边安欣币行Golden merchantVerified Merchant
361 tradesCompletion rate 100.00%
1.01 USD
Amount1402.53 USDT
Limit10 - 700 USD
Wing MoneyTrue Money (Cambodia)ABA (Cambodia)
Buy
R
RechargeVerified Merchant
41 tradesCompletion rate 100.00%
1.029 USD
Amount350 USDT
Limit10 - 360 USD
PayeerVolet.com(Formerly Advcash)Air TM
Buy
Q
QuickResponse100%Golden merchantVerified Merchant
141 tradesCompletion rate 100.00%
1.03 USD
Amount10 USDT
Limit10 - 10 USD
Volet.com(Formerly Advcash)Air TM
Buy
R
RechargeVerified Merchant
41 tradesCompletion rate 100.00%
1.035 USD
Amount250 USDT
Limit10 - 250 USD
Perfect MoneyVolet.com(Formerly Advcash)Air TM
Buy

Sell SOVI (or USDT) for KRW (South Korean Won) offers

Bitget P2P trading currently does not support direct selling of SOVI to KRW. However, you can first exchange SOVI for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
S
Suarman TradesVerified Merchant
16 tradesCompletion rate 94.00%
1.2 USD
Amount40000 USDT
Limit1200 - 48000 USD
Bank TransferRevolutWiseWebMoneyZen
Sell
R
RechargeVerified Merchant
41 tradesCompletion rate 100.00%
1.195 USD
Amount819.7 USDT
Limit10 - 1600 USD
WebMoney
Sell
R
Russiad_BCVerified Merchant
26 tradesCompletion rate 96.00%
1.195 USD
Amount3723.2 USDT
Limit10 - 4000 USD
WebMoney
Sell
c
cR7_traderVerified Merchant
7 tradesCompletion rate 100.00%
1.123 USD
Amount4788.74 USDT
Limit100 - 5000 USD
WebMoney
Sell
B
BGUSER-VBXPGM6XVerified Merchant
45 tradesCompletion rate 92.00%
1.122 USD
Amount99576.3 USDT
Limit10 - 50000 USD
WebMoney
Sell

What factors influence the conversion rate of Sovi Finance to South Korean Won?

Sovi Finance to South Korean Won is rising this week.
Sovi Finance's current market price is ₩ 290.94 per SOVI, with a total market cap of ₩ 0 KRW based on a circulating supply of -- SOVI. The trading volume of Sovi Finance has changed by -59.37% (₩ -58,222.32 KRW) in the last 24 hours. Last trading day, SOVI's trading volume was ₩ 98,070.86.
Market cap
$0
24h volume
$28.79060498
Circulating supply
0 SOVI

Conversion tables

The exchange rate of Sovi Finance is increasing.
1 SOVI is currently valued at ₩ 290.94 KRW , which means buying 5 SOVI will cost ₩ 1,454.68 KRW . Similarly, ₩1 KRW can be traded for 0.003437 SOVI, and ₩50 KRW can be converted to 0.1719 SOVI, excluding any platform or gas fees.
The exchange rate of 1 SOVI to South Korean Won has changed by +33.38% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.36%, reaching a high of 231.68 KRW and a low of 189.49 KRW . One month ago, the value of 1 SOVI was ₩ 287.26 KRW , which represents a +1.61% change from its current value. Over the last year, Sovi Finance has changed by
-
199.06KRW
, resulting in a change of -46.21% in its value.

SOVI to KRW

Amount
08:00 am today
0.5 SOVI
145.47
1 SOVI
290.94
5 SOVI
1,454.68
10 SOVI
2,909.36
50 SOVI
14,546.78
100 SOVI
29,093.57
500 SOVI
145,467.84
1000 SOVI
290,935.68

KRW to SOVI

Amount08:00 am today
0.5KRW0.001719  SOVI
1KRW0.003437  SOVI
5KRW0.01719  SOVI
10KRW0.03437  SOVI
50KRW0.1719  SOVI
100KRW0.3437  SOVI
500KRW1.72  SOVI
1000KRW3.44  SOVI
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Today vs. 24 hours ago

Amount08:00 am today24 hours ago24h change
0.5 SOVI$0.1051$0.1008
+5.36%
1 SOVI$0.2102$0.2017
+5.36%
5 SOVI$1.05$1.01
+5.36%
10 SOVI$2.1$2.02
+5.36%
50 SOVI$10.51$10.08
+5.36%
100 SOVI$21.02$20.17
+5.36%
500 SOVI$105.1$100.84
+5.36%
1000 SOVI$210.2$201.69
+5.36%

Today vs. 1 month ago

Amount08:00 am today1 month ago1M change
0.5 SOVI$0.1051$0.1038
+1.61%
1 SOVI$0.2102$0.2075
+1.61%
5 SOVI$1.05$1.04
+1.61%
10 SOVI$2.1$2.08
+1.61%
50 SOVI$10.51$10.38
+1.61%
100 SOVI$21.02$20.75
+1.61%
500 SOVI$105.1$103.77
+1.61%
1000 SOVI$210.2$207.54
+1.61%
Buy Sovi Finance for 1 KRW
A welcome pack worth 1000 USDT for new Bitgetters!
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Today vs. 1 year ago

Amount08:00 am today1 year ago1Y change
0.5 SOVI$0.1051$0.1770
-46.21%
1 SOVI$0.2102$0.3540
-46.21%
5 SOVI$1.05$1.77
-46.21%
10 SOVI$2.1$3.54
-46.21%
50 SOVI$10.51$17.7
-46.21%
100 SOVI$21.02$35.4
-46.21%
500 SOVI$105.1$177.01
-46.21%
1000 SOVI$210.2$354.02
-46.21%

Sovi Finance price prediction

What will the price of SOVI be in 2025?

Based on SOVI's historical price performance prediction model, the price of SOVI is projected to reach $0.3370 in 2025.

What will the price of SOVI be in 2030?

In 2030, the SOVI price is expected to change by 0.00%. By the end of 2030, the SOVI price is projected to reach $0.5359, with a cumulative ROI of +154.96%.
Buy Sovi Finance for 1 KRW
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Buy Sovi Finance for 1 KRW
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Buy Sovi Finance for 1 KRW
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Sovi Finance now

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FAQ

What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Sovi Finance and KRW.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Sovi Finance and KRW. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Sovi Finance in KRW, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.

Buy Sovi Finance for 1 KRW

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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.