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Easily convert KRW to LRD with ConvertOnline's efficient tool.
The South Korean Won (KRW) is the official currency of South Korea, introduced in 1945 to replace the Korean yen. It is a fiat currency, meaning its value is not backed by physical commodities but rather by the government that issues it. The Won is used for all transactions within South Korea and is subdivided into 100 jeon, though the use of jeon is largely obsolete in everyday transactions.
The Liberian Dollar (LRD) is the official currency of Liberia, a country located on the West African coast. It was first introduced in 1847, shortly after the country declared its independence, and serves as a medium of exchange for goods and services within the nation. The currency is subdivided into 100 cents and is used alongside the United States Dollar, which is also widely accepted in Liberia.