USD to KRW Transfers Compared

   

USD/KRW update: As of 18 Oct 2025, the pair stands at 1422, up 1.9% from its 3-month avg of 1396. Analysts foresee continued pressure on the USD due to dovish Fed signals, while the KRW remains challenged by domestic economic issues and a bleak growth outlook. Prospects suggest mid-1,400 won range for the rest of 2025

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What is the best Send Money conversion rate for USD to KRW?

The best USD to KRW exchange rate is 1413.21 from XE. This is -0.6% compared to the mid-market rate 1,421.7.

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 1413.21, -0.6% from the latest mid-market rate 1,421.7.

The next best is Wise at 1402.25, -1.4% from the mid-rate.

Then Western Union at 1398.99, which is -1.6% from the mid-rate.

Among the banks the Chase Bank rate is -81.4729 at -105.7% the Wells Fargo Bank rate is -85.7381 at -106% and the Citibank rate is -20.3381 at -101.4% compared to the mid-rate 1,421.7.

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.