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AUD to KRW - Exchange Rates

Australian Dollar to South Korean Won exchange rates aren't all the same. The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees.

Foreign Exchange margins and fees vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 

1 AUD = 749.52 KRW

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AUD to KRW 90-Day Trend
7-DAY2% 🔔90-DAY Low (7d)
AUD/KRW at 748.96 was trading 4.7% below AVG:785.6 with LO:721.63 and HI:811.05 (90 days). There are no current rate alerts.
02-APR 6AM-NY 11AM-LON 6PM-HK 9PM-SYD

Convert AUD to KRW More Charts


Quick Conversions from Australian Dollar to South Korean Won

AUD KRW
A$ 1 749.52
A$ 5 3,748
A$ 10 7,495
A$ 20 14,990
A$ 50 37,476
A$ 100 74,952
A$ 250 187,380
A$ 500 374,760
A$ 1,000 749,520
A$ 2,000 1,499,040
A$ 5,000 3,747,600
A$ 10,000 7,495,200
A$ 50,000 37,476,000
A$ 100,000 74,952,000
More amounts
AUD KRW
A$ 0.0013 ₩ 1
A$ 0.0067 ₩ 5
A$ 0.0133 ₩ 10
A$ 0.0267 ₩ 20
A$ 0.0667 ₩ 50
A$ 0.1334 ₩ 100
A$ 0.3335 ₩ 250
A$ 0.6670 ₩ 500
A$ 1.3340 ₩ 1,000
A$ 2.6680 ₩ 2,000
A$ 6.6700 ₩ 5,000
A$ 13.34 ₩ 10,000
A$ 66.70 ₩ 50,000
A$ 133.40 ₩ 100,000
More amounts

To calculate your own AUD/KRW amounts use our Convert AUD to KRW quick calculator.


Comparing Foreign Exchange Providers

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions.

Country Guides (AUD & KRW)

AustraliaAustralia (AUD)Christmas IslandChristmas Island (AUD)Cocos Keeling IslandsCocos Keeling Islands (AUD)
Heard and McDonald IslandsHeard and McDonald Islands (AUD)KiribatiKiribati (AUD)NauruNauru (AUD)
Norfolk IslandNorfolk Island (AUD)South KoreaSouth Korea (KRW)TuvaluTuvalu (AUD)

AUD and KRW in the Markets

When determining the best time to make a foreign exchange transaction, in this case the AUD vs KRW, you should pay attention to the recent market trends for both currencies.

Australian Dollar (AUD)

The Australian dollar has been savaged in March sliding to US55 cents the lowest since 2003. Growing fears of the coronavirus outbreak has moved the market into safer currencies such as the USD and away from AUD, NZD and CAD. The virus was a double blow to the Aussie after the earlier threat of proxy war between the US and Iran in Iraq had also pared back some of the gains the Aussie had made coming into the New Year. The Australian dollar had started the new decade strongly climbing to multi-month highs helped along by cooling trade tensions between the United States and China and optimism for global economic growth in the year ahead. The Aussie broke back over US70 cents on the final day of 2019 — a level not seen since mid year. During December the Australian dollar reversed direction (again) and climbed steadily back up against the US dollar on the back of the strength of the housing market and a market perception that further interest rate cuts were less likely.

Read more in the article AUD Forecasts.

 

South Korean Won (KRW)

The South Korean won has been the worst-performing Asian currency in 2019.

In the first five months of the year, the won lost 6 percent of its value against the dollar on its way to a 2-year low of ₩1,190, and lost 4 percent against the euro, with weakness driven by falling exports and an alarming drop in South Korean inflation, both of which drove expectations for an interest rate cut by the Bank of Korea. In addition, the won is one of those currencies being used as a proxy for risk, particularly for risks relating to US-China trade.

The Bank of Korea has warned traders that it will intervene in markets to prop up the won should the rate of currency depreciation accelerate, though interventions will be “mild.”

In late May, Bank of America Merrill Lynch predicted a reversal in won weakness. It said that it was “just a matter of time” before investors again focused on South Korea’s strong fundamentals. The bank expects USD/KRW to fall 7 percent in the second half of the year to ₩1,110.


How to get Best AUD to KRW Exchange Rates

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate).

The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

What is a good AUD to KRW exchange rate?

This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.

The following table looks at the change in the AUD to KRW exchange rate to the present day for periods going back upto 10 years.

PeriodChange*AUD/KRWDate
1 Day+0.4%747.407431 Mar 2020
7 Day+3.9%722.399825 Mar 2020
30 Day-3.6%778.783302 Mar 2020
3 Month-7.1%808.134002 Jan 2020
1 Year-6.5%802.714102 Apr 2019
5 Year-9.9%833.002503 Apr 2015
10 Year-27.6%1035.866704 Apr 2010

*For period to 01-Apr 21UTC when AUD/KRW was 750.3635

When is the best time to exchange AUD to KRW?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup BER.me FX Alerts

We help you Save Money on Exchange Rates.

 

View all AUD Exchange Rates