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:
Date | USD/KRW | Change | Period |
---|
22 Aug 2025 | 1384.20 | 0.6% ▲ | 2 Week |
07 Jun 2025 | 1360.18 | 2.3% ▲ | 3 Month |
05 Sep 2024 | 1333.42 | 4.4% ▲ | 1 Year |
06 Sep 2020 | 1187.42 | 17.2% ▲ | 5 Year |
08 Sep 2015 | 1199.41 | 16.1% ▲ | 10 Year |
10 Sep 2005 | 1026.95 | 35.5% ▲ | 20 Year |
USD/KRW historic rates & change to 05-Sep-2025
USD/KRW is currently at 1392, above the 3-month avg of 1379, reflecting stability amid a risk-off sentiment. Analysts indicate pressing domestic challenges for KRW, including rising debt and political volatility, which could heighten future fluctuations. Monitor for upcoming US labor data that may impact this dynamic
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 * :
*Converted at the current USD-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 USD to KRW?
The best USD to KRW exchange rate is 1378.1 from XE.
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 1378.1.
The next best is Wise at 1377.41.
Then Western Union at 1364.24, .
Among the banks the Chase Bank rate is -75.2651 the Wells Fargo Bank rate is -83.5836 and the Citibank rate is -19.8083 compared to the mid-rate 1,386.4.
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.