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NZD/KRW - Live Converters & Chart

New Zealand Dollar to South Korean Won - Convert Compare Save

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 and Travel Money transactions as shown below.

 

NZD to KRW interbank exchange rate = 777.1856

This calculator converts amounts at the latest KRW/NZD mid-rate or enter a rate to check the exchange rate you are being offered or already charged.

 

NZD / KRW converter & margin calculator

$NZD
₩KRW
Mid-rates:
 
 

Foreign Transfers Travel Money

Compare how much you can save on NZD/KRW exchange rates for:

Foreign Transfers Travel Money

New Zealand Dollar

South Korean Won

1 NZD 777.19 KRW
5 NZD 3,885.93 KRW
10 NZD 7,771.86 KRW
20 NZD 15,543.71 KRW
50 NZD 38,859.28 KRW
100 NZD 77,718.56 KRW
250 NZD 194,296.40 KRW
500 NZD 388,592.80 KRW
1,000 NZD 777,185.60 KRW
2,000 NZD 1,554,371.20 KRW
5,000 NZD 3,885,928.00 KRW
10,000 NZD 7,771,856.00 KRW
50,000 NZD 38,859,280.00 KRW
100,000 NZD 77,718,560.00 KRW
See more

New Zealand Dollar

South Korean Won

0.0013 NZD 1 KRW
0.0064 NZD 5 KRW
0.0129 NZD 10 KRW
0.0257 NZD 20 KRW
0.0644 NZD 50 KRW
0.1287 NZD 100 KRW
0.3218 NZD 250 KRW
0.6435 NZD 500 KRW
1.2870 NZD 1,000 KRW
2.5740 NZD 2,000 KRW
6.4350 NZD 5,000 KRW
12.87 NZD 10,000 KRW
64.35 NZD 50,000 KRW
128.70 NZD 100,000 KRW
See more
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NZD/KRW - Historical Trends

This table shows historic rates and trends of New Zealand Dollar to South Korean Won over periods upto 10 years.

PeriodChange*NZD/KRWDate
1 Day+0.17%775.918923 May 2019
1 Week-0.27%779.328717 May 2019
1 Month+1.92%762.546024 Apr 2019
6 Months+1.16%768.283225 Nov 2018
1 Year+3.84%748.491224 May 2018
5 Years-11.32%876.412825 May 2014
10 Years-0.67%782.498026 May 2009

*For period to 24-May 21UTC when NZD/KRW was 777.2215

You can use our NZD interactive charts to check NZDKRW historic trends.

Outlook and forecasts for NZD and KRW

Whenever you are researching a particular exchange rate you are actually interested in two currencies as exchange rates are the ratio between two currencies.

So it follows that if you are determining the best time to transact, in this case the NZD vs KRW, you should pay attention to the forecasts and trends for both New Zealand Dollar and South Korean Won:

 

New Zealand Dollar (NZD) outlook

The New Zealand dollar fell against the US dollar to a 6-month low of $0.651 in mid-May after the Reserve Bank of New Zealand cut interest rates to 1.5 percent.

The kiwi was also struggling against CAD, JPY and EUR, among other currencies, and wasn’t being helped by a significant escalation in US-China trade tensions which saw speculative capital leave New Zealand for safer pastures.

NZD is also suffering due to its high correlation with the Australian dollar — a currency also likely to be pressured by an interest rate cut in the coming months.

Read the full article New Zealand Dollar Forecasts.

 

South Korean Won (KRW) outlook

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

At the time of writing, while most emerging Asian currencies were showing year-to-date gains against the dollar, the won had lost 1.8 percent, with weakness driven by falling exports and an alarming drop in South Korean inflation, which themselves drove expectations for an interest rate cut by the Bank of Korea, even though the BoK said in March that policy easing was not yet warranted.

In early April, at 1134 to the dollar, the won was trading near the weaker boundary of its trading range, which existed between 1110 and 1140 (this having contained most price action in the July-18 to April-19 period).

In April, TradingEconomics.com predicted that USD/KRW would rise to 1164 by April 2020. That's a level last seen in January 2017.

Why can't I just get the NZD/KRW market rate I see online or in the media?

The NZD/KRW mid-rate is the rate you will see quoted online or the news, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the NZD / KRW was traded (bought or sold) in the international markets.

Getting a good market rate is mainly about timing however 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.

We help you Compare & Save Money on Exchange Rates.

 

View all NZD Exchange Rates