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GRV to KRW Converter and calculator

GRV/KRW: 1 GRV = 5.62 KRW. The price of converting 1 Grove Coin (GRV) to South Korean Won (KRW) is 5.62 KRW today.
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GRV
KRW
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides GRV to KRW real-time exchange rates, making it easy to convert Grove Coin (GRV) to South Korean Won (KRW). The conversion result is based on real-time data. The conversion result shows that 1 GRV is currently valued at 5.62 KRW. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 GRV is currently valued at 5.62 KRW, which means buying 5 GRV would cost 28.11 KRW. Similarly, ₩1 KRW can be converted to 0.1779 GRV, and ₩50 KRW can be converted to 0.8893 GRV, excluding any platform or gas fees.

Convert GRV to KRW

Convert KRW to GRV

Grove Coin
South Korean Won
200 GRV
1,124.47  KRW
500 GRV
2,811.17  KRW
1000 GRV
5,622.34  KRW
5000 GRV
28,111.71  KRW
10000 GRV
56,223.42  KRW
In the table above, you'll find a comprehensive GRV to KRW converter that shows the value of Grove Coin in South Korean Won across commonly used conversion amounts. The list covers conversions from 1 GRV to KRW, all the way up to 10000 GRV, providing a clear view of their respective values.
South Korean Won
Grove Coin
100000 KRW
17,786.18 GRV
In the table above, you'll find a comprehensive KRW to GRV converter that shows the value of South Korean Won in Grove Coin across commonly used conversion amounts. The list covers conversions from 1 KRW to GRV, all the way up to 100000 KRW, providing a clear view of their respective values.

GRV to KRW chart

GRV/KRW: 1 GRV = 5.62 KRW; 2025/04/29 17:54:23
In the past 1D, Grove Coin has changed +0.01% to KRW. Based on the trend and price charts, Grove Coin(GRV) has changed +0.01% to KRW while South Korean Won(KRW) has changed % to GRV in the last 24 hours.
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GRV to KRW conversion data: Volatility and price changes of Grove Coin in KRW

The highest Grove Coin price in KRW over the past 7 days was 6.39 KRW while the lowest Grove Coin price in KRW over the past 7 days was 5.51 KRW. The relative change between the highs and lows in Grove Coin price in KRW over the last 7 days indicates a volatility of %. You can view additional volatility data and GRV to KRW prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
5.63 KRW
6.39 KRW
7.04 KRW
12.63 KRW
Low
5.62 KRW
5.51 KRW
5.2 KRW
5.2 KRW
Average
0 KRW
0 KRW
0 KRW
0 KRW
Volatility
%
%
%
%
Change
+0.01%
-2.82%
-22.37%
-53.08%

Grove Coin information

GRV to KRW market statistics

GRV/KRW:
₩5.62
GRV 24h volume:
₩49,799,430.28
GRV market cap:
₩534,591,017.59
GRV circulating supply:
95.08M GRV

Current GRV to KRW exchange rate

Grove Coin to South Korean Won is falling this week.
Grove Coin's current market price is ₩5.62 per GRV, with a total market cap of ₩534,591,017.59 KRW based on a circulating supply of 95,083,336 GRV. The trading volume of Grove Coin has changed by -1.62% (₩-821,373.16 KRW) in the last 24 hours. Last trading day, GRV's trading volume was ₩50,620,803.44.

More info about Grove Coin on Bitget

South Korean Won information

About the South Korean Won (KRW)

What Is the South Korean Won (KRW)?

The South Korean Won (KRW) is the official currency of South Korea. It is symbolized by ₩ and is a decimalized currency, meaning it is divided into 100 subunits called jeon, although the jeon is no longer used in everyday transactions. The most commonly used denomination is 1 won. The international foreign exchange market designation for the South Korean Won is KRW. The South Korean Won is the sole legal tender in South Korea, and it is used for all transactions within the country.

The South Korean Won is issued by the Bank of Korea, which is the central bank of South Korea. The Bank of Korea is responsible for the design, production, and distribution of the nation's currency. Additionally, the actual minting of coins and printing of banknotes are carried out by the Korea Minting and Security Printing Corporation, a government-owned corporation that also handles the production of various government documents and securities.

What Is the History of KRW?

The won has been a part of Korea's monetary system for centuries, with the modern version dating back to 1902. During Japan's occupation from 1910 to 1945, the won was replaced by the Korean yen. After World War II, Korea was divided, leading to the creation of the South Korean won in 1949. Initially pegged to the US dollar, the won underwent several devaluations, especially during the Korean War. In 1962, the won was reintroduced after being replaced by the hwan between 1953 and 1962. The won was pegged to the US dollar until 1997 when it was allowed to float freely in the foreign exchange market.

Notes and Coins of KRW

Initially, coins ranged from ₩1 to ₩100, but inflation led to the withdrawal of the ₩1 and ₩5 coins in 1992. Currently, coins are minted in denominations of ₩10, ₩50, ₩100, and ₩500. The initial series of banknotes in 1962 included denominations up to ₩100, with a ₩500 note. Over time, higher denominations were introduced to keep pace with inflation, including ₩1000, ₩5000, ₩10,000, and later ₩50,000. To combat counterfeiting, modern banknotes feature up to 22 separate security features.

Why Does South Korean Won Have Many Zeroes?

The South Korean Won (KRW) features many zeros largely due to historical inflation, particularly during the Korean War in the 1950s, which devalued the currency and necessitated larger denominations. This trend was further reinforced by South Korea's rapid economic development and industrialization from the 1960s onwards. Cultural preferences for larger numerical values and the practicality of transactional efficiency also play a role. However, it's important to note that the number of zeros in the currency does not directly reflect its value, as currency worth is relative and influenced by various economic factors.

Do North and South Korea Use the Same Currency?

No, North and South Korea do not use the same currency. Although both countries use a currency called the "won," they are distinct and separate currencies issued by their respective governments.

South Korean Won (KRW): The currency used in South Korea is the South Korean Won, symbolized as ₩. It is issued by the Bank of Korea, the central bank of South Korea.

North Korean Won (KPW): North Korea uses the North Korean Won, also symbolized as ₩. It is issued by the Central Bank of the Democratic People's Republic of Korea, which is North Korea's central bank.

The two currencies are not interchangeable and have different values and characteristics in the international currency markets.

Bitget crypto-to-fiat exchange data shows that the most popular Grove Coin currency pair is the GRV to KRW, with for Grove Coin's currency code being GRV. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KRW.

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How to convert GRV to KRW

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1 GRV to ₩5.62 KRW
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GRV to KRW Conversion tables

The exchange rate of Grove Coin is decreasing.
The exchange rate of 1 GRV to South Korean Won has changed by -2.82% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.01%, reaching a high of 5.63 KRW and a low of 5.62 KRW . One month ago, the value of 1 GRV was ₩7.24 KRW , which represents a -22.37% change from its current value. Over the last year, Grove Coin has changed by
-
81.88KRW
, resulting in a change of -93.57% in its value.
24 hours ago1 month ago1 year ago
Amount17:54 today24 hours ago24h change
0.5 GRV₩2.81₩2.81
+0.01%
1 GRV₩5.62₩5.62
+0.01%
5 GRV₩28.11₩28.11
+0.01%
10 GRV₩56.22₩56.22
+0.01%
50 GRV₩281.12₩281.08
+0.01%
100 GRV₩562.23₩562.16
+0.01%
500 GRV₩2,811.17₩2,810.78
+0.01%
1000 GRV₩5,622.34₩5,621.55
+0.01%

GRV to KRW FAQ

How much is 1 Grove Coin in KRW?
Right now, the price of 1 Grove Coin (GRV) in South Korean Won (KRW) is ₩5.62.
How much GRV can I buy for 1 KRW?
Based on the current exchange rate, you can get 0.1779 GRV for 1 KRW.
How do I calculate or convert GRV to KRW?
You can use our GRV to KRW calculator at the top of this page to convert any amount of GRV to KRW. We've also included quick-reference tables for the most popular conversions. For example, 5 KRW is equivalent to 0.8893 GRV, while 5 GRV will cost around 28.11KRW.
What is the highest price of GRV/KRW in history?
The all-time high price of 1 GRV in KRW is ₩2,549.02. It remains to be seen if the value of 1 GRV/KRW will exceed the current all-time high.
What is the price trend of Grove Coin in KRW?
Over the past 7 days, the exchange rate of Grove Coin (GRV) has gone down by 2.82%.   Over the last month, the exchange rate of Grove Coin (GRV) has gone down by 22.37% against South Korean Won (KRW).

What factors influence the conversion rate of GRV to KRW?

There are many factors that affect the relationship between Grove Coin and South Korean Won, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of GRV/KRW. When there is positive news in the market about the widespread adoption of GRV or major technological breakthroughs, it tends to trigger market optimism and drive the rise of GRV/KRW. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in GRV/KRW.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of GRV/KRW. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Grove Coin and adjust their investment strategies accordingly in the evolving market.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.