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LABS to KRW Converter and calculator

LABS/KRW: 1 LABS = 0.8455 KRW. The price of converting 1 WenPad Labs (LABS) to South Korean Won (KRW) is 0.8455 KRW today.
LABS
LABS
KRW
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides LABS to KRW real-time exchange rates, making it easy to convert WenPad Labs (LABS) to South Korean Won (KRW). The conversion result is based on real-time data. The conversion result shows that 1 LABS is currently valued at 0.8455 KRW. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 LABS is currently valued at 0.8455 KRW, which means buying 5 LABS would cost 4.23 KRW. Similarly, ₩1 KRW can be converted to 1.18 LABS, and ₩50 KRW can be converted to 5.91 LABS, excluding any platform or gas fees.

Convert LABS to KRW

Convert KRW to LABS

WenPad Labs
South Korean Won
1000 LABS
845.46  KRW
5000 LABS
4,227.31  KRW
10000 LABS
8,454.61  KRW
In the table above, you'll find a comprehensive LABS to KRW converter that shows the value of WenPad Labs in South Korean Won across commonly used conversion amounts. The list covers conversions from 1 LABS to KRW, all the way up to 10000 LABS, providing a clear view of their respective values.
South Korean Won
WenPad Labs
10000 KRW
11,827.86 LABS
50000 KRW
59,139.32 LABS
100000 KRW
118,278.63 LABS
In the table above, you'll find a comprehensive KRW to LABS converter that shows the value of South Korean Won in WenPad Labs across commonly used conversion amounts. The list covers conversions from 1 KRW to LABS, all the way up to 100000 KRW, providing a clear view of their respective values.

LABS to KRW chart

LABS/KRW: 1 LABS = 0.8455 KRW; 2025/06/23 01:23:18
In the past 1D, WenPad Labs has changed -6.13% to KRW. Based on the trend and price charts, WenPad Labs(LABS) has changed -6.13% to KRW while South Korean Won(KRW) has changed % to LABS in the last 24 hours.
1D7D1M3M1YAll

LABS to KRW conversion data: Volatility and price changes of WenPad Labs in KRW

The highest WenPad Labs price in KRW over the past 7 days was 1.63 KRW while the lowest WenPad Labs price in KRW over the past 7 days was 0.9433 KRW. The relative change between the highs and lows in WenPad Labs price in KRW over the last 7 days indicates a volatility of %. You can view additional volatility data and LABS to KRW prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
1.22 KRW
1.63 KRW
1.63 KRW
1.63 KRW
Low
1.09 KRW
0.9433 KRW
0.5736 KRW
0.02023 KRW
Average
0 KRW
0 KRW
0 KRW
0 KRW
Volatility
%
%
%
%
Change
-6.13%
+20.61%
+18.99%
+423.01%

WenPad Labs information

LABS to KRW market statistics

LABS/KRW:
₩0.8455
LABS 24h volume:
₩1,236,357.2
LABS market cap:
--
LABS circulating supply:
0 LABS

Current LABS to KRW exchange rate

WenPad Labs to South Korean Won is rising this week.
WenPad Labs's current market price is ₩0.8455 per LABS, with a total market cap of ₩0 KRW based on a circulating supply of -- LABS. The trading volume of WenPad Labs has changed by 0.00% (₩0 KRW) in the last 24 hours. Last trading day, LABS's trading volume was ₩1,236,357.2.

More info about WenPad Labs 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 WenPad Labs currency pair is the LABS to KRW, with for WenPad Labs's currency code being LABS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KRW.

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How to convert LABS to KRW

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Convert LABS to KRW
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1 LABS to €0.0005348 EUR
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1 LABS to C$0.0008452 CAD
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1 LABS to ₩0.8455 KRW
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1 LABS to ¥0.08993 JPY
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1 LABS to £0.0004578 GBP
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LABS to BRL
1 LABS to R$0.003394 BRL

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LABS to KRW Conversion tables

The exchange rate of WenPad Labs is increasing.
The exchange rate of 1 LABS to South Korean Won has changed by +20.61% in the last 7 days. In the last 24 hours, the rate has fluctuated by -6.13%, reaching a high of 1.22 KRW and a low of 1.09 KRW . One month ago, the value of 1 LABS was ₩0.6694 KRW , which represents a +18.99% change from its current value. Over the last year, WenPad Labs has changed by
-
0.5262KRW
, resulting in a change of -32.30% in its value.
24 hours ago1 month ago1 year ago
Amount 01:23 am today 24 hours ago 24h change
0.5 LABS
₩0.4227₩0.4588
-6.13%
1 LABS
₩0.8455₩0.9175
-6.13%
5 LABS
₩4.23₩4.59
-6.13%
10 LABS
₩8.45₩9.18
-6.13%
50 LABS
₩42.27₩45.88
-6.13%
100 LABS
₩84.55₩91.75
-6.13%
500 LABS
₩422.73₩458.77
-6.13%
1000 LABS
₩845.46₩917.54
-6.13%

LABS to KRW FAQ

How much is 1 WenPad Labs in KRW?
Right now, the price of 1 WenPad Labs (LABS) in South Korean Won (KRW) is ₩0.8455.
How much LABS can I buy for 1 KRW?
Based on the current exchange rate, you can get 1.18 LABS for 1 KRW.
How do I calculate or convert LABS to KRW?
You can use our LABS to KRW calculator at the top of this page to convert any amount of LABS to KRW. We've also included quick-reference tables for the most popular conversions. For example, 5 KRW is equivalent to 5.91 LABS, while 5 LABS will cost around 4.23KRW.
What is the highest price of LABS/KRW in history?
The all-time high price of 1 LABS in KRW is ₩18.08. It remains to be seen if the value of 1 LABS/KRW will exceed the current all-time high.
What is the price trend of WenPad Labs in KRW?
Over the past 7 days, the exchange rate of WenPad Labs (LABS) has gone up by 20.61%.   Over the last month, the exchange rate of WenPad Labs (LABS) has gone up by 18.99% against South Korean Won (KRW).

What factors influence the conversion rate of LABS to KRW?

There are many factors that affect the relationship between WenPad Labs 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 LABS/KRW. When there is positive news in the market about the widespread adoption of LABS or major technological breakthroughs, it tends to trigger market optimism and drive the rise of LABS/KRW. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in LABS/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 LABS/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 WenPad Labs and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular WenPad Labs currency pairs: LABS to US Dollar (USD), LABS to Euro (EUR), LABS to Pound Sterling (GBP), LABS to Canadian Dollar (CAD), LABS to Indian Rupee (INR), LABS to Pakistani Rupee (PKR), LABS to Brazilian Real (BRL), LABS to…
The price of WenPad Labs in the US is $0.0006150 USD. Additionally, WenPad Labs’s price is €0.0005348 EUR in the eurozone, £0.0004578 GBP in the UK, C$0.0008452 CAD in Canada, ₹0.05325 INR in India, ₨0.1746 PKR in Pakistan, R$0.003394 BRL in Brazil, and more.
The most popular WenPad Labs currency pair is the LABS to South Korean Won(KRW). The price of 1 WenPad Labs (LABS) in South Korean Won (KRW) is ₩0.8455.

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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.