100 Thousand Won to Philippine Peso: An Exchange Rate Guide
Are you planning to travel from South Korea to the Philippines or vice versa? Or perhaps you're an online shopper looking to make a purchase from a Korean website and wondering how much 100,000 won is in Philippine pesos? Whatever your reason, you're in the right place! In this article, we'll provide you with the latest exchange rate between the South Korean won and the Philippine peso.
Current Exchange Rate
As of the current date, the exchange rate is:
1 KRW (South Korean Won) = 0.045 PHP (Philippine Peso)
Using this exchange rate, let's calculate the value of 100,000 won in Philippine pesos:
100,000 KRW = 4,500 PHP
Historical Exchange Rate
To give you a better understanding of the exchange rate fluctuations, here's a brief historical overview of the won-peso exchange rate:
| Date | Exchange Rate (1 KRW = ? PHP) |
|---|---|
| 1 year ago | 0.042 |
| 6 months ago | 0.044 |
| 3 months ago | 0.043 |
| Current | 0.045 |
As you can see, the exchange rate has been relatively stable, with a slight appreciation of the Philippine peso against the South Korean won.
Converting 100,000 Won to PHP: What It Can Buy You
Now that we know the exchange rate, let's explore what you can buy with 4,500 PHP in the Philippines. Here are some examples:
- A nice dinner for two at a mid-range restaurant: 1,500 - 2,000 PHP
- A new smartphone: 2,000 - 3,000 PHP
- A round-trip ticket from Manila to Cebu: 2,500 - 3,500 PHP
As you can see, 100,000 won can go a long way in the Philippines, covering some of your daily expenses or even treating yourself to a nice purchase.
Conclusion
In conclusion, the exchange rate between the South Korean won and the Philippine peso is an essential piece of information for travelers, online shoppers, and anyone dealing with international transactions. We hope this article has provided you with a useful guide to help you navigate the exchange rate and plan your finances accordingly. Happy travels and happy shopping!
