Convert British Pound to South Korean Won
GBP to KRW Exchange Rate Calculator
1 British Pound (GBP) = 2031.3300 South Korean Won (KRW) at the live mid-market rate. That means $100 GBP converts to roughly 203,133.00 KRW, and $1,000 GBP converts to about 2,031,330.00 KRW. The GBP/KRW rate refreshes every hour from Frankfurter, which sources data from the European Central Bank reference set. Enter any amount below to convert instantly — free, no sign-up.
90-day GBP/KRW context
Over the past 90 days, GBP/KRW has traded between 1960.1800 and 2043.3100. The current rate of 2031.3300 sits roughly 86% through that range — near the upper end, meaning South Korean Won has been weaker than typical against British Pound recently. Versus the rate 90 days ago, British Pound has strengthened by 3.63% against South Korean Won.
GBP/KRW Price History
Interactive GBP/KRW exchange rate chart with 7-day, 30-day, and 90-day views.
About British Pound (GBP)
The British Pound Sterling (GBP) is the official currency of the United Kingdom and one of the oldest currencies in continuous use, dating back over 1,200 years. It is issued by the Bank of England and is the fourth-most-traded currency globally.
- •In continuous use since Anglo-Saxon England — older than any major fiat rival
- •Fourth-most-traded currency, ~13% of daily global forex turnover
- •Bank of England sets Bank Rate via its Monetary Policy Committee (MPC)
- •GBP/USD carries the traders' nickname "Cable" from the 19th-century transatlantic telegraph cable
- •The UK left the EU on 31 January 2020; Brexit still shapes GBP volatility around trade headlines
About South Korean Won (KRW)
The South Korean Won (KRW) is the official currency of South Korea, managed by the Bank of Korea. KRW reflects one of Asia's most export-oriented, technology-driven economies — semiconductor cycles (Samsung, SK Hynix) and global risk appetite are the dominant drivers.
- •South Korea is the world's 10th-largest economy by nominal GDP
- •Bank of Korea targets 2% CPI inflation
- •KRW is not deliverable offshore — trades mainly through NDF (non-deliverable forward) markets
- •Samsung and SK Hynix alone account for a large share of Korean exports
- •South Korea holds the world's ninth-largest FX reserves
Frequently Asked Questions
When is GBP/KRW most liquid?
Liquidity is deepest during the Tokyo and Hong Kong sessions (00:00–08:00 UTC) when KRW markets are open. Spreads widen noticeably during the New York afternoon and Asian public holidays.
What is a typical daily range for GBP/KRW?
Daily ranges vary with volatility regimes. Majors like EUR/USD typically move 0.5–1.2% on quiet days and 2–3% on data-release days. Check the 30-day chart above for a sense of the current range.
What economic events move GBP/KRW the most?
The biggest scheduled catalysts are Bank of England MPC meetings, UK CPI, and UK jobs reports and Bank of Korea decisions and Korean semiconductor export data. Geopolitical headlines and global risk sentiment also produce meaningful moves, especially when one currency is a safe-haven and the other is risk-sensitive.
Is it cheaper to convert GBP to KRW at a bank or online?
Online money-transfer services (Wise, Revolut, Remitly, InstaRem) typically offer rates much closer to the mid-market GBP/KRW than traditional banks. Always compare the total delivered amount, not just the advertised "fee" — many providers embed their margin in the exchange rate itself.
Does the GBP/KRW rate change on weekends?
The interbank forex market closes from Friday 21:00 UTC until Sunday 21:00 UTC, so mid-market GBP/KRW rates don't update during that window. Retail broker spreads often widen at Sunday open as Asian desks reopen, so the first few hours of the new week can carry wider execution costs.
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Glossary
- Pip (Forex)A pip ("percentage in point") is the smallest standard price increment for a currency pair…
- Spread (Forex)The spread is the difference between the buy (ask) price and the sell (bid) price of a cur…
- Mid-Market RateThe mid-market rate is the midpoint between the buy (bid) and sell (ask) price of a curren…
Rate history
- USD/KRW historyUSD/KRW is one of Asia's most-traded emerging-market currency pairs — heavily linked to Korean technology exports (Samsung, SK Hynix, Hyundai), semiconductor cycles, and global risk sentiment
- GBP/USD historyGBP/USD ("Cable" in forex slang, named for the 19th-century transatlantic telegraph cable) has been one of the most politically-driven major pairs of the last decade
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Exchange rates refresh hourly · Sourced from institutional-grade data providers