At the time of writing, ₩1 KRW is worth $0.0007 USD. Keep in mind that exchanging currency often comes with added fees that a conversion calculator won’t be able to predict. For instance, credit card companies and ATM networks may charge a 1% conversion fee on all foreign transactions.
KRW – South Korean Won
Need to know when a currency hits a specific rate? The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs. The chart will help visually assess the oscillation between USD and KRW, and analyze the data for the last year.
South Korean Won to United States Dollar
These are the lowest points the exchange rate has been at in the last 30 and 90-day periods. These are the highest points the exchange rate has been at in the last 30 and 90-day periods. The U.S. dollar is the currency most used in international transactions. Several countries use the U.S. dollar as their official currency, and many others allow it to be used in a de facto capacity. Calculating the conversion of South Korean won to U.S. dollars is fairly simple. You can either use a calculator or do it by hand.
- Keep in mind that exchanging currency often comes with added fees that a conversion calculator won’t be able to predict.
- Once you know that information, multiply the amount you have in KRW by the current exchange rate.
- However, in order to do this, you need to know the current exchange rate.
- The chart will help visually assess the oscillation between KRW and USD, and analyze the data for the last year.
Popular US Dollar (USD) Currency Pairings
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Individual merchants may also charge supplemental fees if you ask them to convert the price of an item to your home currency at checkout. Live tracking and notifications + flexible delivery and payment options. Our currency rankings show that the most popular US Dollar exchange rate is the USD to USD rate. Our currency rankings show that the most popular South Korean Won exchange rate is the KRW to USD rate. The currency code for South Korean Won is KRW. These percentages show how much the exchange rate has fluctuated over the last 30 and 90-day periods.
These are the average exchange rates of these two currencies for the last 30 and 90 days. Banks often advertise free or low-cost transfers, but add a hidden markup to the exchange rate. Wise gives you the real, mid-market, exchange rate, so you can make huge savings on your international money transfers. Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate. Our smart tech means we’re more efficient – which means you get a great rate. Once you know that information, multiply the amount you have in KRW by the current exchange rate.
Wise is a Money Service Business registered with FinCen. It is authorized to operate in most states. In other states, the program is sponsored by Community Federal Savings Bank, to which we’re a service provider. Set an alert now, and we’ll tell you when it gets better.
Since yesterday, the cost 150,000,000 of the won has risen by +600.33 (+0.55%). The won was first used as Korea’s currency between 1902 and 1910. In 1945 Korea became divided, resulting in separate currencies, both called won, for the South and the North. Unlike South Korean won, USD holds its full value even if it is somewhat damaged.
The resulting number will show you the amount of dollars that you have to spend on your trip. The international symbol for the currency is USD. You can send a variety of international currencies to multiple countries reliably, quickly, and safely, and at a rate cheaper than most banks. Don’t forget to look at and compare exchange rates from other banks available from 6 sources. Create a chart for any currency pair in the world to see their currency history.
These currency charts use live mid-market rates, are easy to use, and are very reliable. The other option is to do the calculation manually using a simple mathematical formula. However, in order to do this, you need to know the current exchange rate.
Using a currency conversion calculator is often the easiest way to get an estimate when you’re converting currency. Since exchange rates fluctuate on a daily basis, using a calculator can ensure your math is correct. Check live rates, send money securely, set rate alerts, receive notifications and more.
This data is usually enough to forecast future changes. The chart will help visually assess the oscillation between KRW and USD, and analyze the data for the last year. Feel free to try converting the currency rate in reverse from US Dollars to Won. �� Over the last 30 days, we have recorded a fluctuation index is “medium” and a volatility of 6.2%.