EUR to KRW Exchange Rate Today
Euro to Won conversion for K-pop tourists, European companies in Korea, and bilateral trade. Track live EUR/KRW rates daily.
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Mid-Market Rate
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Exchange rate: Real-time mid-market rate from OpenExchangeRates API. Transfer fees: Based on typical provider fees.Note: Providers may offer different exchange rates than the mid-market rate shown. Always check the provider's website for their actual exchange rate and final pricing before sending.
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Frequently Asked Questions
What is the current EUR to KRW exchange rate?
The Euro to Korean Won rate typically ranges between ₩1,400-1,550 per €1. ECB and BOK policies, Europe-Korea trade, and semiconductor demand influence this rate. European companies like Airbus, luxury brands have significant Korean operations. Korean chaebols (Samsung, LG, Hyundai) sell heavily in Europe—requiring EUR/KRW management. Also, K-pop and Korean culture popularity drives European tourism to Seoul, Busan.
How important is Europe-Korea trade?
EU is Korea's third-largest trading partner. Korea exports semiconductors, cars (Hyundai, Kia), electronics, ships to Europe. EU exports machinery, pharmaceuticals, luxury goods to Korea. EU-Korea FTA (2011) boosted trade significantly. German engineering firms, French luxury brands, Italian fashion houses all have Korean presence. Samsung and LG compete with European brands globally—currency movements affect competitiveness.
What's the best way to send Euros to Korea?
Use Wise or OFX (1-1.5% fees), European banks with Asian networks, Korean banks' European operations (Shinhan, Woori), or for businesses, trade finance services. SEPA transfers within Europe then onwards to Korea take 3-4 days. For studying in Korea or business setup, use specialized education payment or corporate banking services. Many Europeans working in Korea use Revolut or Wise.
What market dynamics affect euro-won timing?
European K-pop fans attending BTS or Blackpink Seoul concerts benefit when euro exceeds ₩1,500 per EUR, reducing ticket and accommodation costs 8-12%. Samsung and SK Hynix quarterly earnings reports signal semiconductor demand—strong chip exports strengthen won within weeks. Europeans relocating for English teaching positions at Gangnam hagwons convert salaries before March/September school terms. BOK typically announces rates on Thursdays at 10 AM KST—surprise cuts weaken won immediately. EU-Korea FTA eliminations of 99% tariffs since 2011 created €100B+ annual trade, tying currencies to Hyundai EV sales in Europe and German machinery exports to Korean factories.
Why are Europeans interested in Korea?
K-pop (BTS, Blackpink), K-dramas (Squid Game, Parasite), Korean beauty products, and advanced technology attract Europeans. Seoul is modern, safe city with excellent public transport, vibrant nightlife, amazing food. Increasing numbers of European students study in Korea (universities like KAIST, Seoul National). Some Europeans work in English teaching or European companies' Korean operations. Strong euro makes Korea relatively affordable travel destination.