Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
BER

USD to KRW Transfers Compared

USD-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.

 
   

USD to KRW Market Data

US dollar (USD) to South Korean won (KRW) market data - latest interbank exchange rate, trend, chart & historic rates.

90-day market context

USD to KRW at 1504 is 2.6% above its 3-month average of 1466, having traded in a relatively stable 6.4% range from 1427 to 1518
|

Currency Forecasts related to USD/KRW

USD to KRW Exchange Rate Forecast & Outlook

Currently, USD/KRW is trading close to recent highs, holding near the 3.1% above its 3-month average. Elevated risk-off sentiment driven by declining global risk appetite supports USD strength.

Read forecast

USD to EUR Exchange Rate Forecast & Outlook

Currently, USD/EUR is trading near recent highs at 0.8640, about 1.1% above its 90-day average. The pair is supported by safe-haven flows amid geopolitical tensions and risk-off sentiment.

Read forecast

USD to JPY Exchange Rate Forecast & Outlook

Currently, USD/JPY is trading close to its 7-day lows near 158.6, slightly above its 3-month average of 157. The pair is supported by risk-off sentiment amid geopolitical tensions and economic uncertainty.

Read forecast

USDKRW hovers near 1508 with a mild upside bias driven by risk-off sentiment. Global cues and policy divergence support USD strength, but a shift in risk appetite could alter the trend. Travelers and exporters should consider these factors.

 

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 * :

USD KRW
USD KRW
$ 0.0007 ₩ 1
$ 0.0033 ₩ 5
$ 0.0066 ₩ 10
$ 0.0133 ₩ 20
$ 0.0332 ₩ 50
$ 0.0663 ₩ 100
$ 0.1658 ₩ 250
$ 0.3315 ₩ 500
$ 0.6630 ₩ 1,000
$ 1.3260 ₩ 2,000
$ 3.3150 ₩ 5,000
$ 6.6300 ₩ 10,000
$ 13.26 ₩ 20,000
$ 33.15 ₩ 50,000
$ 66.30 ₩ 100,000

More amounts

*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 1500.35 from XE. This is -0.6% compared to the mid-market rate 1,509.4.

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 1500.35, -0.6% from the latest mid-market rate 1,509.4.

The next best is Wise at 1488.48, -1.4% from the mid-rate.

Then Western Union at 1479.22, which is -2% from the mid-rate.

Among the banks the Chase Bank rate is -82.0296 at -105.4% the Wells Fargo Bank rate is -91.0861 at -106% and the Citibank rate is -21.6532 at -101.4% compared to the mid-rate 1,509.4.

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.

 

View a full list of exchange rates by selecting your Base (from) currency: