Rate direction
US dollar to South Korean won · USD/KRW trend
Review the recent market direction, current mid-market rate and significant movement alerts.
USD/KRW exchange rate
90-day market context
USD to KRW is at 90-day lows near 1422, 5.2% below its 3-month average of 1500, having traded in a fairly volatile 9.7% range from 1422 to 1560
Quick USD/KRW forecast
Currency Forecasts related to USD/KRW
USD to KRW Exchange Rate Forecast & Outlook
Currently, USD/KRW is trading close to the 90-day average and near recent lows, supported by risk-off sentiment that favours safe-haven currencies. The pair remains within its recent range, with the dominant...
USD to KRW Conversion: What Is Your Money Worth?
View common conversion amounts at today’s mid-market rate
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 1412.77 from XE. This is -0.6% compared to the mid-market rate 1,421.3.
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 1412.77, -0.6% from the latest mid-market rate 1,421.3.
The next best is Wise at 1401.67, -1.4% from the mid-rate.
Then Western Union at 1392.87, which is -2% from the mid-rate.
Among the banks the Chase Bank rate is 1286.14 at -9.5% the Wells Fargo Bank rate is 1282.04 at -9.8% and the Citibank rate is 1344.85 at -5.4% compared to the mid-rate 1,421.3.
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.