KRW to INR Exchange Rate Today
South Korean Won to Indian Rupee conversion for Indian workers and students in Korea. Our KRW/INR calculator provides 30-minute rate updates for remittances from Seoul, Busan, Incheon to families across India.
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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 today's Korean Won to Indian Rupee rate?
The KRW to INR exchange rate typically ranges between ₹0.062-0.068 per 1 KRW (approximately ₹62-68 per 1,000 KRW). Bank of Korea (BOK) monetary policy, Korea's export performance (especially semiconductors and automobiles), and India's RBI decisions all influence this rate. With over 12,000 Indians living in South Korea (factory workers, IT professionals, students, and traders), KRW to INR is a growing remittance corridor. Check our live converter for today's exact rate from OpenExchangeRates.
Which is the cheapest way to send money from South Korea to India?
Indian workers and students in Seoul, Busan, and Incheon have several options: Wise (TransferWise) offers competitive KRW to INR rates with 0.5-1.5% margins, Remitly specializes in Korea-India transfers with fast delivery, SentBe (Korean fintech) provides good rates for local transfers, and Korean banks like Shinhan, KB Kookmin, and Woori charge higher fees (₩15,000-30,000 plus 2-3% margin). Money transfer shops in Itaewon and multicultural zones offer walk-in service. For regular remittances, Wise and Remitly save significant won compared to traditional Korean banks.
Why does KRW to INR rate fluctuate?
KRW/INR movements reflect: Korea's export performance (Samsung, Hyundai, SK Hynix drive economy), semiconductor and chip prices (major Korean export), Bank of Korea interest rate decisions, North Korea geopolitical tensions (affect KRW), India's RBI policy and inflation, Chinese economic health (Korea's biggest trading partner), and global tech demand. When Korean exports boom or BOK raises rates, KRW strengthens. When INR weakens due to oil imports or inflation, you get more rupees per won. The won is sensitive to global risk—it weakens during crises.
Do Korean banks give fair KRW to INR exchange rates?
Korean banks (Shinhan, KB Kookmin, Woori, Hana) typically charge 2-4% margins on KRW to INR conversions plus ₩15,000-35,000 transfer fees. Online platforms offer much better value: Wise charges 1-1.5% with fees around ₩8,000-15,000, Remitly provides competitive rates with transparent pricing, and SentBe offers local Korean service. For a ₩1,000,000 transfer, using Wise instead of Shinhan Bank can save you ₩30,000-50,000 in total costs. Always compare the final INR amount received.
Best time to send Won to India?
Monitor Bank of Korea policy meetings, Samsung and Hyundai earnings reports (indicate export health), semiconductor market trends, India's RBI announcements, and geopolitical tensions. When KRW strengthens (tech boom, export surge, BOK hawkish) or INR weakens (inflation, oil prices), you receive more rupees per won. Watch: BOK Governor statements, Korean trade balance reports, chip shortage news, Chinese economic data, Indian inflation numbers, and North Korea developments. For monthly family support, regular transfers average out volatility. For large transfers, timing requires watching both currencies and global tech cycles.