Convert KRW to GIP — live rate

Convert South Korean Wons to Gibraltar Pounds and compare the real cost of sending money.

KRW
GIP
1 KRW = 0.0005 GIP Mid-market rate
Updated just now
Compare transfers for KRW → GIP
No signup required FCA-regulated providers only

Historical KRW/GIP exchange rate

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Rates shown are indicative mid-market rates, updated regularly.

Quick reference: KRW to GIP

1 KRW 0.00 GIP
5 KRW 0.00 GIP
10 KRW 0.01 GIP
50 KRW 0.03 GIP
100 KRW 0.05 GIP
500 KRW 0.26 GIP
1,000 KRW 0.51 GIP
5,000 KRW 2.57 GIP

Real cost of KRW → GIP

Banks (typical) ~2% markup
Specialists 0.3–1% markup

The rate above is the mid-market rate. Banks and providers add their margin on top.

How we calculate costs

Estimated savings

On 1,000 KRW
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

KRW — South Korean Won
ISO Code KRW
Symbol
Central Bank The Bank of Korea
Common Notes ₩1000, ₩5000, ₩10000, ₩50000
Learn more about KRW
GIP — Gibraltar Pound
ISO Code GIP
Symbol £
Central Bank Government of Gibraltar
Common Notes £5, £10, £20, £50, £100
Learn more about GIP

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.