TRY vs KRW
🇰🇷1 TRY = 31 KRW
Rates as of 2026-07-22 · Source: European Central Bank
Quick Stats
Historical Comparison
TRY / KRW| Period | Then | Now | Change | Trend |
|---|---|---|---|---|
Source: European Central Bank via Frankfurter API
About TRY / KRW
🇹🇷 TRY — Turkish Lira
The Turkish Lira is the official currency of Turkey. It has experienced significant volatility in recent years, making it a closely watched emerging market currency in global forex markets.
🇰🇷 KRW — South Korean Won
The South Korean Won is the official currency of South Korea. It reflects one of Asia's most advanced and technology-driven economies, home to global giants like Samsung, Hyundai, and LG.
Key Factors Affecting TRY/KRW
🇹🇷 TRY Drivers
- Central Bank of Turkey interest rate decisions
- Turkish inflation rates and economic policy
- Geopolitical developments in the region
- Foreign investment flows and current account balance
🇰🇷 KRW Drivers
- Bank of Korea interest rate decisions
- Global semiconductor demand and tech sector trends
- North-South Korea geopolitical tensions
- Trade relations with China, US, and Japan
💡 Did You Know? — TRY
Turkey redenominated its currency in 2005, removing six zeros — so 1,000,000 old Turkish lira became 1 new Turkish lira.
💡 Did You Know? — KRW
South Korea's economic transformation from one of the poorest countries in the 1960s to a top-15 global economy is one of the most remarkable growth stories in modern history.
Economy Overview
🇹🇷 Turkey
Turkey has a large and diversified economy, strategically positioned between Europe and Asia. It is a major manufacturer and exporter of textiles, automotive parts, and agricultural products.
🇰🇷 South Korea
South Korea is a major exporter of semiconductors, automobiles, ships, and electronics. Its economy transformed from war-torn to high-tech in what is often called the 'Miracle on the Han River.'