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Tranchess to South Korean Won Converter and calculator

Convert 1Tranchess (CHESS) to South Korean Won (KRW) equals ₩ 256.34 | Bitget
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Last updated 2025/01/08 16:04:48 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Tranchess(CHESS) to South Korean Won(KRW). This is the real-time data. The current conversion shows 1 CHESS at a value of 1 CHESS for 256.34 KRW . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

KRW 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.

Show more
Bitget crypto-to-fiat exchange data shows that the most popular Tranchess currency pair is the CHESS to KRW, with for Tranchess's currency code being CHESS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KRW.

CHESS to KRW conversion rate trend

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Live Tranchess (CHESS) price chart
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In the past 1D, Tranchess has changed -8.19% to KRW. Based on the trend and price charts, Tranchess(CHESS) has changed -8.19% to KRW while South Korean Won(KRW) has changed +8.92% to CHESS in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₩256.98
0.0200% / 0.0320%vip-iconVIP 7
Binance
₩256.98
0.1000% / 0.1000%
Yes
Gate.io
₩256
0.1000% / 0.1000%
Yes
Last updated 2025/01/08 08:00:19(UTC+0)

How to buy Tranchess

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Buy Tranchess (CHESS)
Use a variety of payment options to buy Tranchess on Bitget. We'll show you how.

Buy CHESS (or USDT) for KRW (South Korean Won) offers

Bitget P2P trading does not currently support direct buying of CHESS with KRW. However, you can buy USDT in Bitget P2P trading first, and then buy CHESS with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
M
MX Exchange 汇旺
17 tradesCompletion rate 94.00%
0.999 USD
Amount3978.74 USDT
Limit10 - 1200 USD
Wing MoneyTrue Money (Cambodia)Bank Transfer (Cambodia)ABA (Cambodia)
Buy
金边安欣币行Golden merchant
653 tradesCompletion rate 100.00%
1 USD
Amount2060 USDT
Limit50 - 3000 USD
Wing MoneyTrue Money (Cambodia)ABA (Cambodia)
Buy
$
$ USDT
0 tradesCompletion rate 0.00%
1.002 USD
Amount1250 USDT
Limit100 - 900 USD
Bank TransferTinkoff
Buy
M
MeanLeap2222
70 tradesCompletion rate 99.00%
1.002 USD
Amount800 USDT
Limit50 - 800 USD
Wing MoneyABA (Cambodia)
Buy
M
MeanLeap2222
70 tradesCompletion rate 99.00%
1.005 USD
Amount20 USDT
Limit10 - 20 USD
Wing MoneyABA (Cambodia)
Buy

Sell CHESS (or USDT) for KRW (South Korean Won) offers

Bitget P2P trading currently does not support direct selling of CHESS to KRW. However, you can first exchange CHESS for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
M
MX Exchange 汇旺
17 tradesCompletion rate 94.00%
0.999 USD
Amount3978.74 USDT
Limit10 - 1200 USD
Wing MoneyTrue Money (Cambodia)Bank Transfer (Cambodia)ABA (Cambodia)
Sell
金边安欣币行Golden merchant
653 tradesCompletion rate 100.00%
1 USD
Amount2060 USDT
Limit50 - 3000 USD
Wing MoneyTrue Money (Cambodia)ABA (Cambodia)
Sell
$
$ USDT
0 tradesCompletion rate 0.00%
1.002 USD
Amount1250 USDT
Limit100 - 900 USD
Bank TransferTinkoff
Sell
M
MeanLeap2222
70 tradesCompletion rate 99.00%
1.002 USD
Amount800 USDT
Limit50 - 800 USD
Wing MoneyABA (Cambodia)
Sell
M
MeanLeap2222
70 tradesCompletion rate 99.00%
1.005 USD
Amount20 USDT
Limit10 - 20 USD
Wing MoneyABA (Cambodia)
Sell

What factors influence the conversion rate of Tranchess to South Korean Won?

Tranchess to South Korean Won is falling this week.
Tranchess's current market price is ₩ 256.34 per CHESS, with a total market cap of ₩ 50,305,139,946.61 KRW based on a circulating supply of 196,241,420 CHESS. The trading volume of Tranchess has changed by +6.47% (₩ 414,808,053.5 KRW) in the last 24 hours. Last trading day, CHESS's trading volume was ₩ 6,409,964,821.61.
Market cap
$34.47M
24h volume
$4.68M
Circulating supply
196.24M CHESS
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Conversion tables

The exchange rate of Tranchess is decreasing.
1 CHESS is currently valued at ₩ 256.34 KRW , which means buying 5 CHESS will cost ₩ 1,281.72 KRW . Similarly, ₩1 KRW can be traded for 0.003901 CHESS, and ₩50 KRW can be converted to 0.1951 CHESS, excluding any platform or gas fees.
The exchange rate of 1 CHESS to South Korean Won has changed by -6.12% in the last 7 days. In the last 24 hours, the rate has fluctuated by -8.19%, reaching a high of 281.2 KRW and a low of 252.39 KRW . One month ago, the value of 1 CHESS was ₩ 353.02 KRW , which represents a -27.38% change from its current value. Over the last year, Tranchess has changed by
-
23.66KRW
, resulting in a change of -8.45% in its value.

CHESS to KRW

Amount
16:04 today
0.5 CHESS
128.17
1 CHESS
256.34
5 CHESS
1,281.72
10 CHESS
2,563.43
50 CHESS
12,817.16
100 CHESS
25,634.31
500 CHESS
128,171.56
1000 CHESS
256,343.13

KRW to CHESS

Amount16:04 today
0.5KRW0.001951  CHESS
1KRW0.003901  CHESS
5KRW0.01951  CHESS
10KRW0.03901  CHESS
50KRW0.1951  CHESS
100KRW0.3901  CHESS
500KRW1.95  CHESS
1000KRW3.9  CHESS

Today vs. 24 hours ago

Amount16:04 today24 hours ago24h change
0.5 CHESS$0.08783$0.09567
-8.19%
1 CHESS$0.1757$0.1913
-8.19%
5 CHESS$0.8783$0.9567
-8.19%
10 CHESS$1.76$1.91
-8.19%
50 CHESS$8.78$9.57
-8.19%
100 CHESS$17.57$19.13
-8.19%
500 CHESS$87.83$95.67
-8.19%
1000 CHESS$175.66$191.34
-8.19%

Today vs. 1 month ago

Amount16:04 today1 month ago1M change
0.5 CHESS$0.08783$0.1210
-27.38%
1 CHESS$0.1757$0.2419
-27.38%
5 CHESS$0.8783$1.21
-27.38%
10 CHESS$1.76$2.42
-27.38%
50 CHESS$8.78$12.1
-27.38%
100 CHESS$17.57$24.19
-27.38%
500 CHESS$87.83$120.96
-27.38%
1000 CHESS$175.66$241.91
-27.38%

Today vs. 1 year ago

Amount16:04 today1 year ago1Y change
0.5 CHESS$0.08783$0.09594
-8.45%
1 CHESS$0.1757$0.1919
-8.45%
5 CHESS$0.8783$0.9594
-8.45%
10 CHESS$1.76$1.92
-8.45%
50 CHESS$8.78$9.59
-8.45%
100 CHESS$17.57$19.19
-8.45%
500 CHESS$87.83$95.94
-8.45%
1000 CHESS$175.66$191.88
-8.45%
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Tranchess price prediction

What will the price of CHESS be in 2026?

Based on CHESS's historical price performance prediction model, the price of CHESS is projected to reach $0.2221 in 2026.

What will the price of CHESS be in 2031?

In 2031, the CHESS price is expected to change by +12.00%. By the end of 2031, the CHESS price is projected to reach $0.3520, with a cumulative ROI of +92.97%.
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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.