Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
eg: USDCAD, GBP/EUR, AUD to USD, 500 Pound to Yen, 15K Dollar Peso, Send Japan

USD to KRW - Best Rates Guide

We review US dollar to South Korean won latest & historic FX rates along with recent USD/KRW Trend and Alerts.

 
 
US dollar to South Korean won
Sell USD   →   Buy KRW
1 USD = 1113.0 KRW
USDKRW at 1113 has fallen 0.7% below its 90-day average, range 1102-1142.
1D-0.7%
|
Alert:1D-0.7% |
 
USD to KRW Interbank mid-market We compare bank & FX provider rates to these wholesale mid-market rates. Read more rate

View My Rates

   

Comparing USD/KRW Exchange Rates

You should always check the total cost for any exchange rate you are provided by banks or FX specialists. These exchange rates almost always contain a margin from the wholesale USD/KRW rate ( interbank mid-rate) plus fixed or percentage fees.

These margins and fees can vary significantly for USD to KRW International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Note the total cost will also vary on the currencies and total amount being exchanged.

 
Loading
 

Multi-Vendor Quote

We can help you get an even better deal when sending a Large International Money Transfer.

Click below for the Request Quotes form and enter your transfer details (BER account required).

Request Quotes

Save time and money - fewer websites to visit and you get a much better exchange rate & service.

 
Loading
   

US dollar to South Korean won - Quick Convert

USD KRW
$ 1 1,113
$ 5 5,565
$ 10 11,130
$ 20 22,260
$ 50 55,650
$ 100 111,300
$ 250 278,250
$ 500 556,500
$ 1,000 1,113,000
$ 2,000 2,226,000
$ 5,000 5,565,000
$ 10,000 11,130,000
$ 50,000 55,650,000
$ 100,000 111,300,000
More amounts
USD KRW
$ 0.0009 ₩ 1
$ 0.0045 ₩ 5
$ 0.0090 ₩ 10
$ 0.0180 ₩ 20
$ 0.0449 ₩ 50
$ 0.0898 ₩ 100
$ 0.2245 ₩ 250
$ 0.4490 ₩ 500
$ 0.8980 ₩ 1,000
$ 1.7960 ₩ 2,000
$ 4.4900 ₩ 5,000
$ 8.9800 ₩ 10,000
$ 44.90 ₩ 50,000
$ 89.80 ₩ 100,000
More amounts

Calculate other USD/KRW amounts (from or to) at mid-market with our USD to KRW Calculator .

 

US dollar and South Korean won News

 

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

 

US dollar (USD)

 USD Markets

 

South Korean won (KRW)

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.

   

Country Guides - South Korean won

 
South KoreaSouth Korea (KRW)
   

How to get Good USD to KRW Exchange Rates

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.

What is a good USD to KRW exchange rate?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the US dollar vs South Korean won current value is to look the USD/KRW historic rate and change over a range of periods.

The following table looks at the change in the USD to KRW exchange rate over periods from the previous week back to the last 10 years.

USD/KRWChangePeriod
1117.76
30 Apr 2021
0.4% ▼1 Week
1118.86
07 Apr 2021
0.5% ▼30 Days
1117.75
06 Feb 2021
0.4% ▼90 Days
1219.62
07 May 2020
8.7% ▼1 Year
1169.66
08 May 2016
4.8% ▼5 Years
1081.31
10 May 2011
2.9% ▲10 Years

USD/KRW 10 year historic rates & change to 07-May-2021 : 1112.97

 
   

Will the US 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 USD/KRW to your BestExchangeRates My Rates Watchlist to track and benefit from currency movements.

 

View My Alerts

 

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 will automatically check the exchange rate for any UP or DOWN move over a range of periods over the recent 90 days.