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    SGD to KRW Exchange Rates

    Compare & Save on Singapore dollar to South Korean won FX rates - Check SGD/KRW Trends and Forecasts.

    1 SGD =
    886.85We compare provider deals to this wholesale mid-market rate. Read more
    Sell SGD   →   Buy KRW
    SGD to KRW at 886.9 has risen 1.5% above average of its 90-day range 859.4-886.9.
    Track Rate
    SGD/KRW wasChangePeriod
    07 Jan 2022
    0.4% 2 Weeks
    23 Oct 2021
    1.5% 90 Days
    21 Jan 2021
    6.6% 1 Year
    22 Jan 2017
    7.3% 5 Years
    24 Jan 2012
    0.4% 10 Years
    26 Jan 2002
    22.4% 20 Years
    SGD/KRW change over periods to 21-Jan-2022

    Citibank Bank analysts predict the Korean won will perform well against the US dollar in 2021, possibly reaching 6 year highs.

    The won is one of those currencies being used as a proxy for risk, particularly for risks relating to US-China trade.

    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 South Korean won was the worst-performing Asian currency in 2019.

    We can expect a volatile outlook for SGD against major currencies in October as Singapore’s Central Bank, the MAS, is expected to release their policy statement with views on the trajectory of the SGD.

    SGD could trade against the USD between 1.35 – 1.39 SGD for the month of October.

     SGD Outlook


    SGD to KRW - Compare & Save

    The below comparison table makes it easy to calculate the Total Cost you are being charged and the possible savings of using different FX providers.


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    Exchange rates available for foreign transfers and currency exchange always contain either a rate margin from the Latest SGD to KRW Exchange Rate (shown above) or a transaction fee and often both!


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    How to get a good SGD to KRW Exchange Rate

    There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.

    Reduce Excessive costs and fees

    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.

    You can also read our practical guide to getting the Best Deals for your Foreign Transfers and Travel Money to South Korea.


    Will the Singapore dollar rise against the South Korean won?

    It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

    To help with this you can add SGD/KRW to your BestExchangeRates My Rates Watchlist to track and benefit from currency movements.


    Rate Tracker


    Rather than requiring you to set a target rate, our FX Alerts work differently.

    Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP DOWN HIGH LOW alerts over a range of periods over the recent 90 days.