Result:₩100 in 2020 → ₩118.40 in 2026
The South Korean Won has lost 16% its value since 2020
Updated: March 11, 2026₩100 in 2020 is equivalent in purchasing power to about ₩118.40 today, an increase of ₩18.40 over 6 years. The won had an average inflation rate of 2.85% per year between 2020 and today, producing a cumulative price increase of 18.40%.
This means that today's prices are 1.18 times as high as average prices since 2020, according to the OECD and the World Bank consumer price index for South Korea. A won today only buys 84.459% of what it could buy back then.
The inflation rate in 2020 was 0.54%. The current inflation rate compared to the end of last year is now 2.00%. If this number holds, ₩100 today will be equivalent in buying power to ₩102.00 next year.
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| Cumulative price change | 18.40% |
| Average inflation rate | 2.85% |
|
Converted amount
₩100 base | ₩118.40 |
|
Price difference
₩100 base | ₩18.40 |
| CPI in 2020 | 105.418 |
| CPI in 2026 | 124.814 |
| Inflation in 2020 | 0.54% |
| Inflation in 2026 | 2.00% |
| ₩100 in 2020 | ₩118.40 in 2026 |
Buying power of ₩100 in 2020
This chart shows a calculation of buying power equivalence for ₩100 in 2020 (price index tracking began in 1965).
For example, if you started with ₩100, you would need to end with ₩118.40 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When ₩100 is equivalent to ₩118.40 over time, that means that the "real value" of a single South Korean won decreases over time. In other words, a won will pay for fewer items at the store.
This effect explains how inflation erodes the value of a won over time. By calculating the value in 2020 dollars, the chart below shows how ₩100 is worth less over 6 years.
According to the OECD and the World Bank, each of these KRW amounts below is equal in terms of what it could buy at the time:
This conversion table shows various other 2020 amounts in today's won, based on the 18.40% change in prices:
| Initial value | Equivalent value |
|---|---|
| ₩1 won in 2020 | ₩1.18 won today |
| ₩5 won in 2020 | ₩5.92 won today |
| ₩10 won in 2020 | ₩11.84 won today |
| ₩50 won in 2020 | ₩59.20 won today |
| ₩100 won in 2020 | ₩118.40 won today |
| ₩500 won in 2020 | ₩592.00 won today |
| ₩1,000 won in 2020 | ₩1,184.00 won today |
| ₩5,000 won in 2020 | ₩5,920.00 won today |
| ₩10,000 won in 2020 | ₩11,840.00 won today |
| ₩50,000 won in 2020 | ₩59,199.99 won today |
| ₩100,000 won in 2020 | ₩118,399.98 won today |
| ₩500,000 won in 2020 | ₩591,999.91 won today |
| ₩1,000,000 won in 2020 | ₩1,183,999.81 won today |
How to calculate inflation rate for ₩100 since 2020
Our calculations use the following inflation rate formula to calculate the change in value between 2020 and today:
CPI todayCPI in 2020
×
2020 KRW value
=
Today's value
Then plug in historical CPI values. The South Korean CPI was 105.4175 in the year 2020 and 124.8143 in 2026:
124.8143105.4175
×
₩100
=
₩118.40
₩100 in 2020 has the same "purchasing power" or "buying power" as ₩118.40 in 2026.
To get the total inflation rate for the 6 years between 2020 and 2026, we use the following formula:
CPI in 2026 - CPI in 2020CPI in 2020
×
100
=
Cumulative inflation rate (6 years)
Plugging in the values to this equation, we get:
124.8143 - 105.4175105.4175
×
100
=
18%
Data source & citation
You may use the following MLA citation for this page: “Value of 2020 South Korean Won today | South Korea Inflation Calculator.” Official Inflation Data, Alioth Finance, 4 Apr. 2026, https://www.officialdata.org/south-korea/inflation/2020.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
in2013dollars.com is a reference website maintained by the Official Data Foundation.
| Cumulative price change | 18.40% |
| Average inflation rate | 2.85% |
|
Converted amount
₩100 base | ₩118.40 |
|
Price difference
₩100 base | ₩18.40 |
| CPI in 2020 | 105.418 |
| CPI in 2026 | 124.814 |
| Inflation in 2020 | 0.54% |
| Inflation in 2026 | 2.00% |
| ₩100 in 2020 | ₩118.40 in 2026 |