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INR to KRW Transfers Compared

INR-KRW Rate Calculator

 
 
   
   
   
   
   
 

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.

 
   

INR to KRW Market Data

Indian rupee (INR) to South Korean won (KRW) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell INR   →   Buy KRW
1 INR = 16.02 KRW
1d−0.1%
Tracker

90-day market context

INR to KRW at 15.91 is just above its 3-month average, having traded in a relatively stable 6.9% range from 15.29 to 16.34
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Currency Forecasts related to INR/KRW

KRW to INR Exchange Rate Forecast & Outlook

Currently, KRW/INR is trading close to the 3-month average within a stable range, with market consolidation supported by risk-off sentiment. Over the next few sessions, the pair could remain sideways, with...

Read forecast

INR to USD Exchange Rate Forecast & Outlook

Currently, INR/USD is trading close to its 3-month range lows, supported by risk-on sentiment but held below its 90-day average. Risk sentiment remains skewed towards pro-growth currencies, which pressures the Rupee.

Read forecast

USD to KRW Exchange Rate Forecast & Outlook

Currently, USD/KRW is trading close to recent highs, supported by the rate differential that kept the pair near the 90-day average. The pair is consolidating within its recent range despite some caution amid risk-off sentiment.

Read forecast

KRW/INR remains range-bound around 0.0630 with a slight downside bias amid global risk-off sentiment. Expect limited movement in the near term as geopolitical and oil price factors influence the pair. Transferring funds now may face less favourable rates.

 

INR 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 Indian rupee are worth in South Korean won across a range of amounts.

This gives a quick view of what you’d get when converting different INR amounts at today’s rate * :

INR KRW
₹ 1 16.02
₹ 5 80.10
₹ 10 160.20
₹ 20 320.40
₹ 50 801.00
₹ 100 1,602
₹ 250 4,005
₹ 500 8,010
₹ 1,000 16,020
₹ 2,000 32,040
₹ 5,000 80,100
₹ 10,000 160,200
₹ 20,000 320,400
₹ 50,000 801,000
₹ 100,000 1,602,000
INR KRW
0.0624 ₩ 1
0.3121 ₩ 5
0.6243 ₩ 10
1.2485 ₩ 20
3.1213 ₩ 50
6.2426 ₩ 100
15.61 ₩ 250
31.21 ₩ 500
62.43 ₩ 1,000
124.85 ₩ 2,000
312.13 ₩ 5,000
624.26 ₩ 10,000
1,249 ₩ 20,000
3,121 ₩ 50,000
6,243 ₩ 100,000

More amounts

*Converted at the current INR-KRW interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

What is the best Send Money conversion rate for INR to KRW?

The best INR to KRW exchange rate is 15.83 from Wise. This is -1.2% compared to the mid-market rate 16.02.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Indian rupee (INR) to South Korean won (KRW) rates from different sources before making a conversion.

The above Rupee 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 INR-KRW mid-rate and the possible savings of using various providers. 

How do INR-KRW rates compare between providers?

Looking at the full INR to KRW - Send Money comparison table the provider with the best INR to KRW exchange rate is Wise at 15.83, -1.2% from the latest mid-market rate 16.02.

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: