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Easily convert SGD to KRW with ConvertOnline's efficient tool.
The Singapore Dollar (SGD) is the official currency of Singapore, serving as a medium of exchange for goods and services within the country. It is issued by the Monetary Authority of Singapore and is subdivided into 100 cents, providing a simple structure for transactions.
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.