What is the
Western Union Send Money conversion rate for USD to KRW?
The Western Union USD to KRW exchange rate is 1336.67. This is - compared to the latest USD-KRW mid-market rate 1,358.4.
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
Western Union - Dollar to South Korean won comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Western Union and other foreign exchange providers against the latest USD-KRW mid-rate and the possible savings of using various providers.
How do Western Union 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 1350.25.
The next best is Wise at 1349.57.
Then Western Union at 1336.67, .
Among the banks the Chase Bank rate is -73.7241 the Wells Fargo Bank rate is -81.8745 and the Citibank rate is -19.388 compared to the mid-rate 1,358.4.
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
like Western Union or platforms that offer rates closer to the mid-market rate.