Inflation calculator - South Korean Won

This tool is useful to calculate the time value of money based on historical inflation and CPI values. To start, select an amount and two years, or browse the default calculation results.

₩100 in January 1965
₩4,748.89 in February 2026

The cumulative inflation rate in South Korea between January 1965 and February 2026 was 4,648.89%, meaning that overall prices were 47.5 times higher than they were in January 1965. In other words, the purchasing power of ₩100 in Jan 1965 was equivalent to ₩4,748.89 in Feb 2026. The average annual inflation rate over this period was 0.53%.

Inflation timeline in South Korea (Jan 1965 - Feb 2026)

The chart below shows how the value of ₩100 changes over time when adjusted for inflation, based on Consumer Price Index (CPI) data. All values are equivalent in terms of purchasing power, indicating how much money would be needed each year to buy the same goods or services.

All calculations are performed in South Korean won with six-decimal precision, though displayed values are rounded to two decimals for readability. Inflation figures are sourced from official government and international reports released monthly.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation from 1965-01 to 2026-02 4,648.89%
Avg. Monthly inflation from 1965-01 to 2026-02 0.53%
CPI 1965-01 2.63
CPI 2026-02 124.81

How to calculate the time value of money with inflation data?

There are several ways to calculate the time value of money. Depending on the data available, results can be obtained by using the Consumer Price Index (CPI) formula or the compound interest formula.

Using the CPI formula

When we have both the start and end months, we can use the following formula:

Valuet =Value0 ×
CPIt/CPI0

To obtain the values equivalent in buying power between January 1965 and February 2026, use the corresponding CPI values:

ValueFeb 2026
=ValueJan 1965 ×
CPIFeb 2026/CPIJan 1965
=₩ 100 ×
124.81/2.63
₩4,748.89

Alternative: Using the compound interest formula

Given that money changes with time as a result of an inflation rate that acts as compound interest, we can use the following formula: FV = PV × (1 + i)n, where:

  • FV: Future Value
  • PV: Present Value
  • i: Interest rate (inflation)
  • n: Number of times the interest is compounded (i.e. # of months)

In this case, the future value represents the final amount obtained after applying the inflation rate to our initial value. In other words, it indicates how much are ₩100 worth today. There are 733 months between January 1965 and February 2026 and the average inflation rate was 0.5281%. Therefore, we can resolve the formula like this:

ValueFeb 2026
=PV × (1 + i)n
=₩100 × (1 + 0.005281)733
₩4,748.89

South Korea inflation - Conversion table

Initial Value Equivalent value
₩1 won in 1965-01 ₩47.49 won in 2026-02
₩5 won in 1965-01 ₩237.44 won in 2026-02
₩10 won in 1965-01 ₩474.89 won in 2026-02
₩50 won in 1965-01 ₩2,374.45 won in 2026-02
₩100 won in 1965-01 ₩4,748.89 won in 2026-02
₩500 won in 1965-01 ₩23,744.47 won in 2026-02
₩1,000 won in 1965-01 ₩47,488.95 won in 2026-02
₩5,000 won in 1965-01 ₩237,444.74 won in 2026-02
₩10,000 won in 1965-01 ₩474,889.48 won in 2026-02
₩50,000 won in 1965-01 ₩2,374,447.4 won in 2026-02
₩100,000 won in 1965-01 ₩4,748,894.81 won in 2026-02
₩500,000 won in 1965-01 ₩23,744,474.05 won in 2026-02
₩1,000,000 won in 1965-01 ₩47,488,948.1 won in 2026-02
Cumulative inflation Jan 1965-Feb 2026 4,648.89%
Avg. monthly inflation Jan 1965-Feb 2026 0.53%
Avg. annual inflation 1965-2025 6.54%
CPI 1965-01 2.63
CPI 2026-02 124.81

Value of Won over time (by month)

Period Value
1965-01 100
1965-02 102.18
1965-03 102.41
1965-04 103.98
1965-05 106.05
1965-06 105.12
1965-07 106.48
1965-08 107.52
1965-09 107.02
1965-10 106.38
1965-11 104.58
1965-12 104.91
1966-01 107.42
1966-02 110.46
1966-03 112.23
1966-04 113.4
1966-05 116.54
1966-06 116.74
1966-07 116.21
1966-08 118.62
1966-09 120.82
1966-10 123.96
1966-11 120.82
1966-12 120.92
1967-01 121.56
1967-02 123.33
1967-03 125.03
1967-04 128.37
1967-05 129.61
1967-06 128.17
1967-07 128.37
1967-08 129.94
1967-09 132.02
1967-10 134.12
1967-11 134.95
1967-12 134.85
1968-01 137.46
1968-02 139.67
1968-03 141.03
1968-04 140.93
1968-05 141.24
1968-06 141.77
1968-07 141.67
1968-08 142.6
1968-09 143.34
1968-10 147.21
1968-11 150.66
1968-12 149.72
1969-01 153.6
1969-02 154.53
1969-03 155.7
1969-04 156.53
1969-05 157.57
1969-06 158.11
1969-07 158.11
1969-08 158.94
1969-09 164.06
1969-10 168.47
1969-11 170.34
1969-12 174.11
1970-01 176.44
1970-02 179.99
1970-03 183.92
1970-04 187.84
1970-05 185.97
1970-06 182.04
1970-07 183.36
1970-08 184.65
1970-09 189.13
1970-10 192.86
1970-11 192.5
1970-12 199.21
1971-01 204.43
1971-02 208.54
1971-03 212.46
1971-04 211.52
1971-05 207.78
1971-06 207.42
1971-07 211.14
1971-08 213.02
1971-09 216.57
1971-10 214.87
1971-11 215.25
1971-12 217.3
1972-01 220.67
1972-02 227.74
1972-03 234.09
1972-04 235.59
1972-05 236.52
1972-06 237.82
1972-07 240.43
1972-08 244.15
1972-09 244.35
1972-10 241.54
1972-11 237.08
1972-12 237.26
1973-01 237.99
1973-02 238.75
1973-03 239.13
1973-04 240.43
1973-05 241.74
1973-06 241.19
1973-07 242.48
1973-08 244.91
1973-09 246.96
1973-10 247.34
1973-11 250.3
1973-12 257.4
1974-01 268.41
1974-02 282.57
1974-03 293.21
1974-04 298.63
1974-05 300.13
1974-06 297.87
1974-07 304.41
1974-08 313.93
1974-09 319.15
1974-10 316.16
1974-11 320.44
1974-12 325.48
1975-01 336.7
1975-02 342.78
1975-03 349.24
1975-04 360.26
1975-05 373.18
1975-06 378.12
1975-07 384.98
1975-08 393.34
1975-09 407.02
1975-10 412.72
1975-11 409.68
1975-12 411.58
1976-01 414.24
1976-02 418.79
1976-03 426.01
1976-04 430.57
1976-05 433.23
1976-06 437.41
1976-07 445.77
1976-08 450.33
1976-09 453.75
1976-10 448.81
1976-11 448.43
1976-12 451.09
1977-01 454.51
1977-02 465.15
1977-03 471.61
1977-04 471.99
1977-05 476.93
1977-06 481.48
1977-07 487.59
1977-08 494.05
1977-09 495.57
1977-10 494.05
1977-11 495.95
1977-12 500.51
1978-01 514.94
1978-02 525.58
1978-03 532.42
1978-04 531.66
1978-05 536.98
1978-06 551.8
1978-07 559.78
1978-08 560.92
1978-09 572.32
1978-10 577.25
1978-11 580.29
1978-12 582.57
1979-01 587.51
1979-02 608.05
1979-03 619.07
1979-04 634.27
1979-05 654.03
1979-06 660.11
1979-07 663.15
1979-08 665.43
1979-09 674.54
1979-10 679.1
1979-11 689.36
1979-12 706.1
1980-01 736.7
1980-02 768.64
1980-03 797.24
1980-04 803.12
1980-05 828.34
1980-06 838.45
1980-07 845.19
1980-08 859.47
1980-09 875.46
1980-10 899.85
1980-11 904.89
1980-12 933.49
1981-01 948.61
1981-02 956.18
1981-03 974.7
1981-04 983.11
1981-05 1,004.96
1981-06 1,032.7
1981-07 1,042.81
1981-08 1,053.75
1981-09 1,067.2
1981-10 1,064.67
1981-11 1,055.42
1981-12 1,061.3
1982-01 1,066.36
1982-02 1,071.4
1982-03 1,081.48
1982-04 1,083.18
1982-05 1,091.59
1982-06 1,098.3
1982-07 1,100.84
1982-08 1,104.2
1982-09 1,109.25
1982-10 1,106.71
1982-11 1,100
1982-12 1,112.61
1983-01 1,121.02
1983-02 1,128.57
1983-03 1,132.78
1983-04 1,129.43
1983-05 1,132.78
1983-06 1,131.94
1983-07 1,131.94
1983-08 1,132.78
1983-09 1,134.47
1983-10 1,133.64
1983-11 1,131.1
1983-12 1,134.47
1984-01 1,141.19
1984-02 1,151.29
1984-03 1,155.5
1984-04 1,158.87
1984-05 1,157.17
1984-06 1,151.29
1984-07 1,151.29
1984-08 1,157.17
1984-09 1,170.64
1984-10 1,164.74
1984-11 1,162.23
1984-12 1,162.23
1985-01 1,165.27
1985-02 1,173.56
1985-03 1,174.75
1985-04 1,175.94
1985-05 1,184.25
1985-06 1,185.41
1985-07 1,185.41
1985-08 1,187.79
1985-09 1,200.84
1985-10 1,204.38
1985-11 1,190.17
1985-12 1,197.26
1986-01 1,207.95
1986-02 1,215.05
1986-03 1,217.43
1986-04 1,216.24
1986-05 1,223.35
1986-06 1,220.97
1986-07 1,222.16
1986-08 1,220.97
1986-09 1,228.09
1986-10 1,216.24
1986-11 1,213.88
1986-12 1,213.88
1987-01 1,218.62
1987-02 1,220.97
1987-03 1,230.47
1987-04 1,237.59
1987-05 1,256.53
1987-06 1,255.37
1987-07 1,251.8
1987-08 1,269.58
1987-09 1,277.89
1987-10 1,279.08
1987-11 1,276.7
1987-12 1,287.36
1988-01 1,294.48
1988-02 1,315.81
1988-03 1,334.78
1988-04 1,332.42
1988-05 1,339.51
1988-06 1,347.82
1988-07 1,350.2
1988-08 1,357.29
1988-09 1,360.87
1988-10 1,357.29
1988-11 1,367.98
1988-12 1,379.84
1989-01 1,382.19
1989-02 1,386.93
1989-03 1,396.43
1989-04 1,402.36
1989-05 1,420.14
1989-06 1,422.49
1989-07 1,421.33
1989-08 1,431.99
1989-09 1,445.04
1989-10 1,448.58
1989-11 1,450.96
1989-12 1,449.77
1990-01 1,483.31
1990-02 1,492.57
1990-03 1,508.01
1990-04 1,525.02
1990-05 1,541.99
1990-06 1,549.65
1990-07 1,554.3
1990-08 1,560.52
1990-09 1,569.78
1990-10 1,574.4
1990-11 1,575.96
1990-12 1,585.14
1991-01 1,619.12
1991-02 1,640.74
1991-03 1,660.83
1991-04 1,668.53
1991-05 1,673.14
1991-06 1,683.93
1991-07 1,694.76
1991-08 1,708.64
1991-09 1,717.94
1991-10 1,721.03
1991-11 1,728.69
1991-12 1,731.78
1992-01 1,744.18
1992-02 1,754.97
1992-03 1,773.5
1992-04 1,784.29
1992-05 1,795.11
1992-06 1,798.24
1992-07 1,805.9
1992-08 1,808.99
1992-09 1,815.17
1992-10 1,813.6
1992-11 1,804.34
1992-12 1,808.99
1993-01 1,822.87
1993-02 1,835.22
1993-03 1,858.37
1993-04 1,869.2
1993-05 1,875.37
1993-06 1,884.64
1993-07 1,883.11
1993-08 1,889.29
1993-09 1,898.52
1993-10 1,906.22
1993-11 1,903.13
1993-12 1,913.92
1994-01 1,938.66
1994-02 1,960.24
1994-03 1,977.21
1994-04 1,980.3
1994-05 1,981.86
1994-06 1,995.74
1994-07 2,012.75
1994-08 2,028.19
1994-09 2,021.97
1994-10 2,015.83
1994-11 2,018.92
1994-12 2,020.49
1995-01 2,039.42
1995-02 2,047.76
1995-03 2,068.58
1995-04 2,081.09
1995-05 2,085.26
1995-06 2,079.05
1995-07 2,085.26
1995-08 2,097.78
1995-09 2,116.55
1995-10 2,106.16
1995-11 2,101.95
1995-12 2,116.55
1996-01 2,137.36
1996-02 2,145.79
1996-03 2,160.35
1996-04 2,174.95
1996-05 2,187.46
1996-06 2,187.46
1996-07 2,197.89
1996-08 2,208.28
1996-09 2,212.49
1996-10 2,212.49
1996-11 2,212.49
1996-12 2,220.79
1997-01 2,237.52
1997-02 2,249.99
1997-03 2,258.33
1997-04 2,268.76
1997-05 2,270.85
1997-06 2,275.02
1997-07 2,279.19
1997-08 2,295.83
1997-09 2,306.34
1997-10 2,306.34
1997-11 2,308.39
1997-12 2,366.79
1998-01 2,423.1
1998-02 2,464.81
1998-03 2,460.64
1998-04 2,468.98
1998-05 2,456.47
1998-06 2,446.04
1998-07 2,446.04
1998-08 2,454.34
1998-09 2,464.81
1998-10 2,473.12
1998-11 2,464.81
1998-12 2,460.64
1999-01 2,458.56
1999-02 2,468.98
1999-03 2,473.12
1999-04 2,479.37
1999-05 2,475.2
1999-06 2,460.64
1999-07 2,452.26
1999-08 2,477.33
1999-09 2,483.58
1999-10 2,502.35
1999-11 2,498.14
1999-12 2,493.97
2000-01 2,505.04
2000-02 2,512.7
2000-03 2,525.34
2000-04 2,515.19
2000-05 2,502.52
2000-06 2,515.19
2000-07 2,525.34
2000-08 2,537.97
2000-09 2,570.9
2000-10 2,568.37
2000-11 2,553.17
2000-12 2,563.28
2001-01 2,591.2
2001-02 2,603.83
2001-03 2,626.65
2001-04 2,636.76
2001-05 2,634.23
2001-06 2,641.81
2001-07 2,646.87
2001-08 2,657.01
2001-09 2,654.49
2001-10 2,654.49
2001-11 2,639.33
2001-12 2,644.38
2002-01 2,659.54
2002-02 2,672.22
2002-03 2,687.42
2002-04 2,702.62
2002-05 2,712.73
2002-06 2,710.2
2002-07 2,702.62
2002-08 2,720.35
2002-09 2,735.59
2002-10 2,727.93
2002-11 2,730.49
2002-12 2,743.09
2003-01 2,760.9
2003-02 2,776.06
2003-03 2,808.99
2003-04 2,803.93
2003-05 2,798.88
2003-06 2,791.26
2003-07 2,788.77
2003-08 2,801.41
2003-09 2,826.76
2003-10 2,829.24
2003-11 2,824.19
2003-12 2,836.9
2004-01 2,854.63
2004-02 2,867.27
2004-03 2,895.1
2004-04 2,895.1
2004-05 2,892.61
2004-06 2,892.61
2004-07 2,910.34
2004-08 2,935.61
2004-09 2,935.61
2004-10 2,935.61
2004-11 2,917.92
2004-12 2,923.02
2005-01 2,951.78
2005-02 2,963.73
2005-03 2,981.62
2005-04 2,984.62
2005-05 2,981.62
2005-06 2,972.63
2005-07 2,984.62
2005-08 2,993.57
2005-09 3,008.49
2005-10 3,002.51
2005-11 2,990.56
2005-12 2,999.54
2006-01 3,017.43
2006-02 3,023.45
2006-03 3,041.34
2006-04 3,044.35
2006-05 3,050.28
2006-06 3,044.35
2006-07 3,056.26
2006-08 3,074.15
2006-09 3,083.09
2006-10 3,068.17
2006-11 3,053.29
2006-12 3,062.24
2007-01 3,068.17
2007-02 3,089.07
2007-03 3,107
2007-04 3,118.91
2007-05 3,121.92
2007-06 3,121.92
2007-07 3,133.87
2007-08 3,136.84
2007-09 3,154.77
2007-10 3,160.7
2007-11 3,160.7
2007-12 3,172.66
2008-01 3,187.54
2008-02 3,199.53
2008-03 3,229.37
2008-04 3,247.3
2008-05 3,274.09
2008-06 3,294.99
2008-07 3,318.89
2008-08 3,312.92
2008-09 3,315.92
2008-10 3,312.92
2008-11 3,303.97
2008-12 3,303.97
2009-01 3,306.98
2009-02 3,330.84
2009-03 3,354.71
2009-04 3,363.61
2009-05 3,363.61
2009-06 3,360.65
2009-07 3,372.6
2009-08 3,384.55
2009-09 3,387.56
2009-10 3,378.57
2009-11 3,384.55
2009-12 3,396.5
2010-01 3,423.34
2010-02 3,430.23
2010-03 3,437.17
2010-04 3,451.01
2010-05 3,454.5
2010-06 3,451.01
2010-07 3,457.95
2010-08 3,475.32
2010-09 3,502.99
2010-10 3,502.99
2010-11 3,485.71
2010-12 3,499.54
2011-01 3,541.14
2011-02 3,565.36
2011-03 3,579.24
2011-04 3,582.73
2011-05 3,589.63
2011-06 3,596.57
2011-07 3,613.89
2011-08 3,638.16
2011-09 3,634.67
2011-10 3,627.77
2011-11 3,631.22
2011-12 3,645.06
2012-01 3,659.62
2012-02 3,673.49
2012-03 3,674.54
2012-04 3,674.18
2012-05 3,680.75
2012-06 3,675.54
2012-07 3,667.24
2012-08 3,684.2
2012-09 3,710.56
2012-10 3,703.62
2012-11 3,690.46
2012-12 3,697.04
2013-01 3,719.22
2013-02 3,731.65
2013-03 3,728.2
2013-04 3,723.03
2013-05 3,723.03
2013-06 3,718.5
2013-07 3,726.48
2013-08 3,739.67
2013-09 3,746.93
2013-10 3,735.5
2013-11 3,734.78
2013-12 3,739.31
2014-01 3,759.41
2014-02 3,769.44
2014-03 3,776.37
2014-04 3,778.82
2014-05 3,785.04
2014-06 3,780.18
2014-07 3,785.72
2014-08 3,792.34
2014-09 3,789.89
2014-10 3,778.46
2014-11 3,770.84
2014-12 3,770.48
2015-01 3,796.03
2015-02 3,793.78
2015-03 3,794.14
2015-04 3,795.31
2015-05 3,805.94
2015-06 3,806.7
2015-07 3,813.55
2015-08 3,818.89
2015-09 3,808.98
2015-10 3,808.98
2015-11 3,801.76
2015-12 3,813.15
2016-01 3,819.65
2016-02 3,836.02
2016-03 3,826.11
2016-04 3,833.33
2016-05 3,835.61
2016-06 3,834.85
2016-07 3,827.63
2016-08 3,837.5
2016-09 3,860.36
2016-10 3,865.66
2016-11 3,859.96
2016-12 3,864.17
2017-01 3,905.24
2017-02 3,915.91
2017-03 3,913.23
2017-04 3,908.29
2017-05 3,912.47
2017-06 3,904.12
2017-07 3,910.58
2017-08 3,933
2017-09 3,937.57
2017-10 3,933.76
2017-11 3,904.48
2017-12 3,918.56
2018-01 3,934.93
2018-02 3,964.97
2018-03 3,960.79
2018-04 3,968.02
2018-05 3,969.94
2018-06 3,961.92
2018-07 3,954.34
2018-08 3,989.31
2018-09 4,019.76
2018-10 4,012.54
2018-11 3,984.02
2018-12 3,970.3
2019-01 3,966.13
2019-02 3,983.26
2019-03 3,975.64
2019-04 3,990.08
2019-05 3,996.93
2019-06 3,990.48
2019-07 3,978.28
2019-08 3,987.83
2019-09 4,002.63
2019-10 4,012.54
2019-11 3,990.08
2019-12 3,999.62
2020-01 4,014.5
2020-02 4,017.31
2020-03 4,008.48
2020-04 3,990.84
2020-05 3,988.43
2020-06 3,999.26
2020-07 3,996.05
2020-08 4,018.51
2020-09 4,040.57
2020-10 4,018.11
2020-11 4,014.5
2020-12 4,024.13
2021-01 4,052.6
2021-02 4,074.26
2021-03 4,084.69
2021-04 4,090.31
2021-05 4,093.12
2021-06 4,093.12
2021-07 4,101.54
2021-08 4,121.19
2021-09 4,138.04
2021-10 4,145.26
2021-11 4,166.11
2021-12 4,172.93
2022-01 4,205.42
2022-02 4,228.28
2022-03 4,255.56
2022-04 4,284.83
2022-05 4,311.71
2022-06 4,340.19
2022-07 4,361.04
2022-08 4,357.03
2022-09 4,364.65
2022-10 4,378.29
2022-11 4,374.68
2022-12 4,382.3
2023-01 4,414.79
2023-02 4,425.22
2023-03 4,432.84
2023-04 4,442.87
2023-05 4,457.3
2023-06 4,458.51
2023-07 4,463.72
2023-08 4,503.43
2023-09 4,526.29
2023-10 4,543.14
2023-11 4,519.47
2023-12 4,521.48
2024-01 4,539.13
2024-02 4,563.59
2024-03 4,570.41
2024-04 4,572.82
2024-05 4,576.43
2024-06 4,566
2024-07 4,577.63
2024-08 4,594.07
2024-09 4,598.49
2024-10 4,600.09
2024-11 4,588.46
2024-12 4,608.91
2025-01 4,641
2025-02 4,655.84
2025-03 4,664.27
2025-04 4,667.88
2025-05 4,663.46
2025-06 4,665.07
2025-07 4,673.49
2025-08 4,670.68
2025-09 4,695.15
2025-10 4,709.59
2025-11 4,700.76
2025-12 4,715.6
2026-01 4,734.06
2026-02 4,748.89

All available years

Today's value of South Korean won by year:

1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |

Other currencies: