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Exchange Rate Calculator
Convert between currencies and track historical exchange rates
Amount
0.00 BTC
Exchange Rate
as of June 10, 2025 at 1:41 PM
1 KRW =
0.00 BTC
Market analysis of KRW to BTC currency exchange rates
Analysis as of April 2025
As of June 3, 2025, the exchange rate between the South Korean Won (KRW) and Bitcoin (BTC) stands at approximately 1 BTC to 105,885 USD. This reflects a 0.00177% increase from the previous close. Over the past few months, the KRW/BTC exchange rate has exhibited significant volatility, influenced by various factors including global economic trends, regulatory developments, and market sentiment.
Recent Exchange Rate Trends
In March 2025, the KRW/BTC exchange rate was approximately 1 BTC to 120,627,261 KRW. (forbes.com) By November 2024, the rate had adjusted to around 1 BTC to 123,648,080 KRW. (kucoin.com) These fluctuations highlight the dynamic nature of the cryptocurrency market and its sensitivity to various external factors.
Factors Influencing the KRW/BTC Exchange Rate
Several key factors have contributed to the observed volatility in the KRW/BTC exchange rate:
Global Economic Conditions: Economic indicators such as inflation rates, interest rates, and GDP growth in major economies can impact investor confidence and, consequently, the demand for cryptocurrencies like Bitcoin.
Regulatory Developments: Changes in cryptocurrency regulations, both within South Korea and globally, can influence market dynamics. For instance, stricter regulations may deter investment, while favorable policies can encourage adoption.
Market Sentiment: News events, technological advancements, and shifts in investor sentiment can lead to rapid changes in Bitcoin's value.
Exchange Rates: Fluctuations in the USD/KRW exchange rate also play a role, as Bitcoin is often priced in USD. Changes in the value of the Korean Won relative to the US Dollar can affect the KRW/BTC exchange rate.
Historical Context
Looking back, the KRW/BTC exchange rate has experienced notable highs and lows. In April 2021, Bitcoin reached an all-time high, with 1 BTC valued at approximately 71,208,360 KRW. (freecurrencyrates.com) However, by October 2022, the rate had declined to around 28,956,926 KRW per BTC. (freecurrencyrates.com) These historical fluctuations underscore the importance of understanding the factors that drive cryptocurrency valuations.
Implications for Investors
For investors considering exposure to Bitcoin through the KRW/BTC pair, it's crucial to:
Stay Informed: Regularly monitor global economic indicators, regulatory changes, and market news that could impact Bitcoin's value.
Assess Risk Tolerance: Given the inherent volatility of cryptocurrencies, ensure that your investment aligns with your risk appetite and financial goals.
Diversify Investments: Consider diversifying your portfolio to mitigate potential losses from adverse movements in the KRW/BTC exchange rate.
In conclusion, the KRW/BTC exchange rate is influenced by a complex interplay of global economic conditions, regulatory developments, market sentiment, and currency exchange rates. Understanding these factors is essential for making informed investment decisions in the cryptocurrency market.