The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Compare Exchange Rates & Fees - Save Time & Money
Sending money to South Korea can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to South Korea bank accounts or pay a South Korean won invoice.
USD to KRW Market Data
US dollar (USD) to South Korean won (KRW) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the USD to KRW Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the US dollar against the South Korean won is to review how the USD/KRW rate has changed over time.
The table below shows the percentage change in the USD to KRW exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
The USD/KRW exchange rate has recently demonstrated notable volatility, with the USD trading at 1476, which is 2.1% above its three-month average of 1445.
Recent forecasts for the USD to EUR exchange rate indicate a prevailing bearish sentiment towards the US dollar amid expectations of aggressive rate cuts by...
The USD/KRW is currently around 1,479, 2.2% above the 3-month avg of 1,447. Analysts expect a range of 1,350-1,400 amid pressures from dovish Fed signals and KRW struggles due to domestic instability. Stay alert for inflation data and Fed updates that could impact volatility
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USD to KRW Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much US dollar are worth in South Korean won across a range of amounts.
This gives a quick view of what you’d get when converting different USD amounts at today’s rate * :
What is the
best Send Money conversion rate for USD to KRW?
The best USD to KRW exchange rate is 1446.36 from XE. This is -0.6% compared to the mid-market rate 1,455.1.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
US dollar (USD) to South Korean won (KRW) rates from different sources before making a conversion.
The above
Dollar to South Korean won comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest USD-KRW mid-rate and the possible savings of using various providers.
How do USD-KRW rates compare between providers?
Looking at the full
USD to KRW - Send Money comparison table the provider with the best USD to KRW exchange rate is XE at 1446.36, -0.6% from the latest mid-market rate 1,455.1.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency: