Exchange Rate Calculator

As of May 3, 2025, the exchange rate between the South Korean Won (KRW) and Ethereum (ETH) stands at approximately 0.000000338 ETH per KRW, or conversely, 1 ETH equals about 2,955,083 KRW. This rate reflects the dynamic interplay between the traditional fiat currency of South Korea and the prominent cryptocurrency, Ethereum.

Recent Exchange Rate Trends

Over the past few months, the KRW/ETH exchange rate has exhibited notable fluctuations. For instance, on March 20, 2025, 1 KRW was equivalent to 0.000000338 ETH, translating to 1 ETH being valued at approximately 2,955,083 KRW. This indicates a period of relative stability in the exchange rate, with minor variations influenced by market dynamics.

Factors Influencing the Exchange Rate

Several factors contribute to the volatility observed in the KRW/ETH exchange rate:

• Cryptocurrency Market Dynamics: Ethereum's value is subject to rapid changes due to market sentiment, technological developments, and regulatory news.

• Economic Indicators: South Korea's economic performance, including GDP growth, inflation rates, and trade balances, can impact the strength of the KRW.

• Regulatory Environment: Government policies and regulations concerning cryptocurrencies in South Korea and globally can influence investor confidence and, consequently, the exchange rate.

Historical Context

Looking back, the KRW/ETH exchange rate has experienced significant shifts. In October 2020, 1 KRW was equivalent to approximately 0.0000023 ETH, indicating a higher value of ETH relative to KRW at that time. By October 2021, the rate had adjusted to around 0.0000002 ETH per KRW, reflecting the increased valuation of Ethereum in the market. These historical fluctuations underscore the importance of monitoring both cryptocurrency trends and macroeconomic factors when analyzing exchange rates.

Conclusion

The KRW/ETH exchange rate is influenced by a complex interplay of cryptocurrency market trends, economic indicators, and regulatory developments. Investors and stakeholders should remain vigilant, staying informed about both the digital asset landscape and traditional economic factors to make well-informed decisions.