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KRW-South Korean Won. The won was first used as Korea's currency between 1902 and 1910. In 1945 Korea became divided, resulting in separate currencies, both called won, for the South and the North.1  KRW RSS Feed. 2  Bank of Korea.3  KRW Exchange Rates.RW-South Korean Won. The won was first used as Korea's currency between 1902 and 1910. In 1945 Korea became divided, resulting in separate currencies, both called won, for the South and the North.
South Korea's unit of currency is South Korean won (KRW.) It used to be sub-divided into 100 jeon, but jeon is no longer used.     North Korea's unit of currency is Nor â¦ th Korean won (KPW.) It is sub-divided into 100 chÅn. 5 people found this useful.Answered. In United Nations.outh Korean unit for money is Won and 1 Dollar fluctuates from 1,000 Won to 1,400 Won. Before IMF Crisis in Korea in 1997, usua â¦ lly it was around 800 Won, but it soared up to 1,800 Won right after the Crisis. More exact rate can be checked at some Korean banks websites.