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.
GBP to KRW Market Data
British pound (GBP) to South Korean won (KRW) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell GBP →
Buy KRW
1 GBP = 1,860.6 KRW
▲+0.8% since yesterday
GBP to KRW at 1863 is near its 3-month average, having traded in a quite stable 5.6% range from 1829 to 1932
Is the GBP 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 British pound against the South Korean won is to review how the GBP/KRW rate has changed over time.
The table below shows the percentage change in the GBP to KRW exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
GBP/KRW
Change
Period
20 Jun 2025
1847.73
0.9% ▲
2 Week
05 Apr 2025
1879.63
0.8% ▼
3 Month
04 Jul 2024
1761.73
5.8% ▲
1 Year
05 Jul 2020
1496.29
24.6% ▲
5 Year
07 Jul 2015
1748.44
6.6% ▲
10 Year
09 Jul 2005
1829.11
1.9% ▲
20 Year
GBP/KRW historic rates & change to 04-Jul-2025
GBP 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 British pound are worth in South Korean won across a range of amounts.
This gives a quick view of what you’d get when converting different GBP amounts at today’s rate * :
What is the
best Send Money conversion rate for GBP to KRW?
The best GBP to KRW exchange rate is 1852.23 from Wise.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
British pound (GBP) to South Korean won (KRW) rates from different sources before making a conversion.
The above
Sterling 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 GBP-KRW mid-rate and the possible savings of using various providers.
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.