Understanding the Table:
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’.
South Korean won (KRW) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.
KRW/USD Outlook: Bearish, as the KRW is below its recent average and facing pressure from ongoing government measures to stabilize the currency.
EUR/USD Outlook: Slightly positive, but likely to move sideways as the rate is above its recent average but lacks a clear driving factor.
USD/GBP Outlook: Slightly weaker, but likely to move sideways, as the rate remains below its recent average and lacks a strong driver.
To help you understand the real-world value of the current exchange rate, the table below shows how much South Korean won are worth in US dollar across a range of amounts.
This gives a quick view of what you’d get when converting different KRW amounts at today’s rate * :
*Converted at the current KRW-USD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare South Korean won (KRW) to US dollar (USD) rates from different sources before making a conversion.
The above South Korean won to Dollar 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 KRW-USD 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.
View a full list of exchange rates by selecting your Base (from) currency:
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