KRW to USD Exchange Rate Today
Convert Korean Won to US Dollars with live KRW/USD rates for US education, American investments, or family remittances. Navigate BOK regulations effectively.
1000 KRW =
0.75USD
1 USD = 1,335.9793 KRW
Loading comparison...
Compare money transfer service fees for the best rates
KRW to USD conversion table
Common amounts at the current mid-market rate of 1 KRW = 0.0007 USD.
Mid-market rate — the midpoint banks trade at, before any provider adds a margin. What you actually receive is below.
What you actually get for 1,000 KRW
Nobody converts at the mid-market rate. At 1 KRW = 0.0007 USD, a perfect conversion of 1,000 KRW would be 0.7485 USD. Here is what 5 services would really send, fee and exchange-rate margin included.
On 1,000 KRW, the gap between the best and worst option here is 0.6700 USD — the same money, converted on the same day. That difference is the fee plus the margin each service builds into its rate, and it is the only part of this page you can do anything about. How exchange-rate markups work.
Typical pricing for a bank-funded transfer, not a live quote — promotional offers and payment method can change it. Check the provider before sending. Rows marked est. use the provider's general figure, and KRW est. one measured for KRW sends but not for USD specifically. Neither is ranked cheapest.
Frequently Asked Questions
What is the current KRW to USD exchange rate?
The Korean Won to US Dollar rate typically ranges between $0.00074-0.00083 per ₩1 (or about ₩1,200-1,350 per $1). Bank of Korea (BOK) manages the rate to support Samsung, Hyundai, and LG exports while controlling inflation from imports. Won strength reflects South Korea's tech export success and geopolitical stability on the peninsula.
Why does KRW fluctuate against USD?
South Korea's export-driven economy means won strengthens when global chip demand rises (Samsung, SK Hynix profits). Won weakens during US-China trade tensions (hurts Korean exports), North Korea provocations (flight to safety), or when Federal Reserve raises rates faster than BOK. Foreign investors buying KOSPI stocks also strengthen won.
What's the best way to send Won to USA?
Use Korean banks like Shinhan, Woori, or KB Kookmin (established US transfer channels), Wise or Remitly for better rates (1-2% vs 3-4% bank fees), or Hanmi Bank if you have US accounts (specializes in Korean-American transfers). For large amounts, compare bank wire transfers with forward contracts to lock rates.
When should I convert Won to Dollars?
Seoul families sending students to UCLA or NYU benefit when won strengthens below ₩1,250, reducing $50K tuition by ₩2.5M versus ₩1,300. Korean students in US (50,000+ enrolled at universities) converting tuition before August/January watch BOK Thursday 10 AM KST announcements. Samsung converting $50B+ annual US chip sales creates massive won demand. The difference between ₩1,250 and ₩1,300 equals ₩2.5M on $50K, a significant sum for Busan or Incheon families funding American university fees and Silicon Valley tech internships.
Are there limits on sending Won abroad?
Korean residents can send up to $50,000 equivalent per year without documentation. Above that, need to provide proof of purpose (education, property, business). For amounts over $500,000, additional Bank of Korea approval required. Students and emigrants have special quotas, so check with your bank for specific requirements.
Popular USD Currency Pairs
Related Guides
Exchange Rates Guide
Complete guide to exchange rates and currency conversion. Learn about mid-market rates, markups, and how to get better rates.
The 2026 US Remittance Tax
The new 1% US tax on money sent abroad, in plain English — when it started, who pays it, who is exempt, what it costs, and the one-step way to avoid it.
How Much Money Can You Send Abroad?
There is no legal cap on sending money out of the US — but some transfers get reported, and a few situations put a form in your hands. What really limits you, and what the $10,000 rule actually means.
Credit Card Processing Fees Explained
How card processing fees actually work — interchange, assessments, and processor markup — plus pricing models and ways to lower your effective rate.