This bridge was originally located between 43 Sopyo-dong, Jung-gu, and 20 Gwanso-dong, Jongno-gu, and has now been reconstructed as an illustration of the traditional beauty of parapet and stone finishing. Supyogyo is the 18th tangible cultural property as designated by Seoul, and the 838th Treasury, Supyoseokju (stone pillar), was placed on top. Supyogyo was constructed during the 2nd year of the Sejong Era (1420), and was called 'Majeongyo' because there was a Majeon (commercial place) for dealing in horses nearby.

In the 36th year of the Yeongjo Era (1760), the writing 'Gyeongjinjipyeong' was carved into the stone pillar of Supyogyo, after the bed was dug as a standard for the riverbed level. It was used to help control flooding by monitoring the extent to which the river rose in the rainy season through the construction of the Supyoseok (stone post). The name of Supyogyo comes from this Supyoseok. In the Joseon Dynasty, since there was a Yeongjeejeon (royal shrine), enshrining a place for the King's portrait scrolls, over Supyogyo, the King used to visit on New Year's day, Hansik (the 105th day after winter solstice), during the Dano festival (the 5th day of the 5th month of the year according to the lunar calendar), Chuseok (the harvest festival: the 15th of August by the lunar calendar), Dongji (winter solstice), and the last day of the year. The biggest contribution, however, this bridge made to peoples' lives was its use against flooding, by monitoring the rainfall and providing a warning to people of the need to take shelter. An anecdote related to this bridge is that the famous woman, who met the eyes of King Sukjong when he crossed the Supyogyo after worshiping at Yeongheejeon, was Jangheebin.