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SHP to KRW Converter and calculator

SHP/KRW: 1 SHP = 0.04278 KRW. The price of converting 1 Shopping Token (SHP) to South Korean Won (KRW) is 0.04278 KRW today.
SHP
SHP
KRW
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SHP to KRW real-time exchange rates, making it easy to convert Shopping Token (SHP) to South Korean Won (KRW). The conversion result is based on real-time data. The conversion result shows that 1 SHP is currently valued at 0.04 KRW. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SHP is currently valued at 0.04 KRW, which means buying 5 SHP would cost 0.21 KRW. Similarly, ₩1 KRW can be converted to 23.37 SHP, and ₩50 KRW can be converted to 116.87 SHP, excluding any platform or gas fees.

Convert SHP to KRW

Convert KRW to SHP

Shopping Token
South Korean Won
10000 SHP
427.82  KRW
In the table above, you'll find a comprehensive SHP to KRW converter that shows the value of Shopping Token in South Korean Won across commonly used conversion amounts. The list covers conversions from 1 SHP to KRW, all the way up to 10000 SHP, providing a clear view of their respective values.
South Korean Won
Shopping Token
5000 KRW
116,872.46 SHP
10000 KRW
233,744.92 SHP
50000 KRW
1,168,724.61 SHP
100000 KRW
2,337,449.21 SHP
In the table above, you'll find a comprehensive KRW to SHP converter that shows the value of South Korean Won in Shopping Token across commonly used conversion amounts. The list covers conversions from 1 KRW to SHP, all the way up to 100000 KRW, providing a clear view of their respective values.

SHP to KRW chart

SHP/KRW: 1 SHP = 0.04278 KRW; 2025/04/26 11:13:39
In the past 1D, Shopping Token has changed +7.71% to KRW. Based on the trend and price charts, Shopping Token(SHP) has changed +7.71% to KRW while South Korean Won(KRW) has changed % to SHP in the last 24 hours.
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SHP to KRW conversion data: Volatility and price changes of Shopping Token in KRW

The highest Shopping Token price in KRW over the past 7 days was 0.06677 KRW while the lowest Shopping Token price in KRW over the past 7 days was 0.03480 KRW. The relative change between the highs and lows in Shopping Token price in KRW over the last 7 days indicates a volatility of %. You can view additional volatility data and SHP to KRW prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.05436 KRW
0.06677 KRW
0.1634 KRW
1.59 KRW
Low
0.04093 KRW
0.03480 KRW
0.03480 KRW
0.03480 KRW
Average
0 KRW
0 KRW
0 KRW
0 KRW
Volatility
%
%
%
%
Change
+7.71%
+1.85%
--
--

Shopping Token information

SHP to KRW market statistics

SHP/KRW:
₩0.04278
SHP 24h volume:
₩1,211,301.11
SHP market cap:
--
SHP circulating supply:
0 SHP

Current SHP to KRW exchange rate

Shopping Token to South Korean Won is rising this week.
Shopping Token's current market price is ₩0.04278 per SHP, with a total market cap of ₩0 KRW based on a circulating supply of -- SHP. The trading volume of Shopping Token has changed by +7.61% (₩85,618.31 KRW) in the last 24 hours. Last trading day, SHP's trading volume was ₩1,125,682.8.

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

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How to convert SHP to KRW

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Bitget P2P trading does not currently support direct buying of SHP with KRW. However, you can buy USDT in Bitget P2P trading first, and then buy SHP with USDT via Bitget spot market.
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SHP to KRW Conversion tables

The exchange rate of Shopping Token is increasing.
The exchange rate of 1 SHP to South Korean Won has changed by +1.85% in the last 7 days. In the last 24 hours, the rate has fluctuated by +7.71%, reaching a high of 0.05436 KRW and a low of 0.04093 KRW . One month ago, the value of 1 SHP was ₩-0.00 KRW , which represents a 0.00% change from its current value. Over the last year, Shopping Token has changed by
+
0.04483KRW
, resulting in a change of 0.00% in its value.
24 hours ago1 month ago1 year ago
Amount11:13 am today24 hours ago24h change
0.5 SHP₩0.02139₩0.01979
+7.71%
1 SHP₩0.04278₩0.03957
+7.71%
5 SHP₩0.2139₩0.1979
+7.71%
10 SHP₩0.4278₩0.3957
+7.71%
50 SHP₩2.14₩1.98
+7.71%
100 SHP₩4.28₩3.96
+7.71%
500 SHP₩21.39₩19.79
+7.71%
1000 SHP₩42.78₩39.57
+7.71%

SHP to KRW FAQ

How much is 1 Shopping Token in KRW?
Right now, the price of 1 Shopping Token (SHP) in South Korean Won (KRW) is ₩0.04278.
How much SHP can I buy for 1 KRW?
Based on the current exchange rate, you can get 23.37 SHP for 1 KRW.
How do I calculate or convert SHP to KRW?
You can use our SHP to KRW calculator at the top of this page to convert any amount of SHP to KRW. We've also included quick-reference tables for the most popular conversions. For example, 5 KRW is equivalent to 116.87 SHP, while 5 SHP will cost around 0.2139KRW.
What is the highest price of SHP/KRW in history?
The all-time high price of 1 SHP in KRW is ₩88.67. It remains to be seen if the value of 1 SHP/KRW will exceed the current all-time high.
What is the price trend of Shopping Token in KRW?
Over the past 7 days, the exchange rate of Shopping Token (SHP) has gone up by 1.85%.   Over the last month, the exchange rate of Shopping Token (SHP) has gone down by -- against South Korean Won (KRW).

What factors influence the conversion rate of SHP to KRW?

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

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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.