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INR to KRW - Exchange Rates

Indian Rupee 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 INR = 16.66 KRW

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INR to KRW - Trading Range (90 Day)
4-DAY ▲ 1.6% (3d)60-DAY HIGH (4d)
INR/KRW at 16.92 was trading 2.6% above the 90-day average 16.49 - range 16.21 to 16.93. There are no current rate alerts.
27-FEB 5PM-NY 10PM-LON | 28-Feb 9AM-SYD

Convert INR to KRW More Charts


Quick Conversions from Indian Rupee to South Korean Won

INR

KRW

1
16.66
5
83.30
10
166.60
20
333.20
50
833.00
100
1,666
250
4,165
500
8,330
1,000
16,660
2,000
33,320
5,000
83,300
10,000
166,600
50,000
833,000
100,000
1,666,000
More amounts

INR

KRW

0.0600
1
0.3002
5
0.6004
10
1.2008
20
3.0020
50
6.0040
100
15.01
250
30.02
500
60.04
1,000
120.08
2,000
300.20
5,000
600.40
10,000
3,002
50,000
6,004
100,000
More amounts

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

IndiaIndia (INR)South KoreaSouth Korea (KRW)

INR and KRW in the Markets

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

Indian Rupee (INR)

The rupee is doing remarkably well in what is normally a seasonally weak time of year and despite a 35 percent rise in the oil price this year (oil is India's largest import).

In early May, by the narrowest of margins, the rupee reached a 16-month high against the Australian dollar (₹48.4), before falling back slightly. It rose towards long-term highs against the euro (₹77.3) and was flat on the year against the US dollar (₹69.2), although it was 8 percent higher against the greenback than it had been in October of last year.

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

PeriodINR/KRWDate
1 Day16.914124 Feb 2020
7 Day16.638018 Feb 2020
30 Day16.406226 Jan 2020
3 Month16.513127 Nov 2019
1 Year15.787025 Feb 2019
5 Year17.833826 Feb 2015
10 Year25.183427 Feb 2010

When is the best time to exchange INR 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 INR Exchange Rates