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CAD to KRW - Exchange Rates

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

 

1 CAD = 898.56 KRW

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CAD to KRW - Trading Range (90 Day)
1-DAY ▼ 0.6% (1d)90-DAY HIGH (3d)
CAD/KRW at 905.65 was trading 1.5% above the 90-day average 892.61 - range 879.84 to 917.13. There are no current rate alerts.
27-FEB 5PM-NY 10PM-LON | 28-Feb 9AM-SYD

Convert CAD to KRW More Charts


Quick Conversions from Canadian Dollar to South Korean Won

CAD

KRW

C$ 1
898.56
C$ 5
4,493
C$ 10
8,986
C$ 20
17,971
C$ 50
44,928
C$ 100
89,856
C$ 250
224,640
C$ 500
449,280
C$ 1,000
898,560
C$ 2,000
1,797,120
C$ 5,000
4,492,800
C$ 10,000
8,985,600
C$ 50,000
44,928,000
C$ 100,000
89,856,000
More amounts

CAD

KRW

C$ 0.0011
1
C$ 0.0056
5
C$ 0.0111
10
C$ 0.0223
20
C$ 0.0557
50
C$ 0.1113
100
C$ 0.2783
250
C$ 0.5565
500
C$ 1.1130
1,000
C$ 2.2260
2,000
C$ 5.5650
5,000
C$ 11.13
10,000
C$ 55.65
50,000
C$ 111.30
100,000
More amounts

To calculate your own CAD/KRW amounts use our Convert CAD 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 (CAD & KRW)

CanadaCanada (CAD)South KoreaSouth Korea (KRW)

CAD and KRW in the Markets

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

Canadian Dollar (CAD)

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 threat of proxy war between the US and Iran in Iraq also pared back some of the gains the Loonie had made coming into the New Year.

The Canadian dollar was range bound during the second half of 2019 oscillating between US75c and US76.5c. Mid-year the loonie stormed ahead in June and July, rising to what turned out to be the 2019 high against the US dollar of US76.7cents and to 8-month highs against the euro, pound, Australian and New Zealand dollars. Against the Aussie, a minimal additional increase would take CAD to a 9-year high.

Supporting the loonie was a 10 percent rise in the oil price (oil is among Canada’s most exported products but is volatile and can’t be relied upon), a large and welcome jump in inflation, and dovishness at major central banks of the world, including the Federal Reserve, ECB and RBA.

The USMCA was signed by the United States, Mexico and Canadian on November 30 at the G20 Summit in Buenos Aires. Any delay to Canadian ratification of the USMCA trade deal would have likely depressed sentiment on Canada’s currency.

Read more in the article CAD 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 CAD 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 CAD 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 CAD to KRW exchange rate to the present day for periods going back upto 10 years.

PeriodChange*CAD/KRWDate
1 Day-0.3%908.816426 Feb 2020
7 Day-0.3%908.836220 Feb 2020
30 Day+1.4%893.395928 Jan 2020
3 Month+1.8%889.740529 Nov 2019
1 Year+6.6%849.857627 Feb 2019
5 Year+3%879.292728 Feb 2015
10 Year-17.9%1103.637101 Mar 2010

*For period to 27-Feb 21UTC when CAD/KRW was 905.7424

When is the best time to exchange CAD 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 CAD Exchange Rates