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’.
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:
Recent analysis indicates a bearish outlook for the USD/KRW exchange rate in the coming months as the US dollar shows signs of weakening due to softening...
The USD to JPY exchange rate is experiencing significant fluctuations driven by diverging monetary policy expectations and economic indicators from the United States and Japan.
Analysts suggest a bearish outlook for the USD/KRW as signs of USD weakening emerge amid cooling inflation and potential Fed rate cuts. Currently at 1475, the USD is 2.2% above its 3-month avg. Experts warn that further easing could boost the KRW, impacting intl transactions
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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 1466.91 from XE. This is -0.6% compared to the mid-market rate 1,475.8.
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 1466.91, -0.6% from the latest mid-market rate 1,475.8.
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.