Apple has announced that the Korean won is now accepted in its app store.

Korean Won

Little by little Apple is giving the green light to certain currencies and in this case it is the Korean won, a super devalued currency that at the exchange rate is nothing more and nothing less than 1120 KRW is 1 US dollar. From now on the prices of the applications they will be in the currency of the country. 

As you already know, depending on the country in which Apple sells its products, the currency exchange is not the direct one and is that what in the United States costs 1200 dollars, You can perfectly reach Spain the same but in cars, 1200 euros. 

As of yesterday, prices for apps and in-app purchases in the Republic of Korea changed from US dollars to korean won (KRW). While your revenue from sales in the Republic of Korea will also change to KRW, users will continue to pay you in the currency they selected for their bank in the App Store Connect.

As we can see, the Apple team that manages everything that has to do with the infrastructure of the application store continues to close agreements with governments so that the payment system for application developers is as transparent as possible. 

We will see if this change is maintained over time or if Apple backs down. In other countries, once these policies were in place, they have been maintained over time, thus improving the process and making transactions more transparent. 


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