   
|
|
KRW
|
| FYI - For 2011, Dow up, Dogs of the Dow up more (double digits) |
| |
KRW is the three-character currency abbreviation for the South Korean Won based on the ISO-4217 standard codes. KRW is the official currency of the Republic of Korea. The common usage symbol for the KRW is W or W. The Bank of Korea is the government institution that issues the KRW. The KRW does not divide into smaller units, therefore the smallest unit of the KRW is 1 won. The KRW is considered a major currency in Asia and is actively traded in the international currency markets. The value of the KRW "floats" against other currencies. That is, market forces determine the value of the KRW. Therefore, the KRW is easily convertible into other currencies. The approximate conversion value (in late 2005) for the KRW in US dollars is KRW 1,000+ to USD 1.
Rate this KRW definition...
|
|
Where is the market headed? The answer may surprise you. Find out
right now with the exclusive & Barron's recommended charts of Chart of the Day.
|
Popular Terms: option premium, deferred revenue, annual return, per diem, inflation, 144a, Zero Cost Collar, current ratio, 1035 exchange, labor relations, retained earnings, 401a, liquidity ratio, irrevocable trust, Key Rate Duration, risk management, debt service coverage, balance sheet, deferred tax, quality assurance, dividends payable, class C shares, ex-dividend date, stock split, ex-dividend, 1031 exchange, command economy, reverse mortgage, stock market close, EBITDA, margin rate, LIBOR, required rate of return, FICO score, VIX, limit order, APR, minority interest, open position, implied volatility, average price per share, phantom income, FTSE, real GDP, diluted share, wholly-owned subsidiary, in escrow, cancelled check, covered put
|
|
| |