Exchange Rate Calculator

As of June 3, 2025, Bitcoin (BTC) is trading at approximately 105,885 USD. Given the current exchange rate of 1 USD to 1,200 KRW, this translates to about 127,062,000 KRW per Bitcoin.

Recent Performance

Over the past few months, Bitcoin has experienced significant volatility. In March 2025, BTC/KRW prices fluctuated between 120,026,077 KRW and 128,108,863 KRW. This period saw a notable 5.4% increase on March 20, 2025, when the price rose by 6,510,901 KRW in a single day. (coingecko.com)

Historical Context

Looking back, Bitcoin's value in KRW has seen substantial growth. In October 2021, BTC was priced at approximately 71,754,882 KRW. By October 2022, it had decreased to around 28,825,081 KRW. This decline was part of a broader market correction affecting cryptocurrencies during that period. (freecurrencyrates.com, freecurrencyrates.com)

Factors Influencing BTC/KRW Exchange Rate

Several factors contribute to the fluctuations in the BTC/KRW exchange rate:

• Global Bitcoin Market Trends: Bitcoin's price is influenced by global demand and supply dynamics, regulatory developments, and macroeconomic factors.

• USD/KRW Exchange Rate: Since Bitcoin is often priced in USD, changes in the USD/KRW exchange rate directly impact the BTC/KRW value.

• Local Market Demand: South Korea has a vibrant cryptocurrency market. Local demand, regulatory changes, and technological advancements within the country can affect Bitcoin's price in KRW.

Conclusion

The BTC/KRW exchange rate has demonstrated significant volatility over the past few years, influenced by global market trends, local demand, and currency exchange rates. Investors should stay informed about these factors to make well-informed decisions.