Best USD to KRW exchange rate for today | finder.com

US Dollar to Korean Won Exchange Rate

Live Rate

= 1194.6175

Refreshing in: 60s | Wed, 22 May 02:34am GMT

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Historical Rate chart of USD and KRW

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Updated: 22 May 2019 02:34:29 UTC
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    US Dollar

    The US dollar is the most traded currency in the world. The world’s unofficial reserve currency, it can be found in most major currency pairs. In forex, it’s an important benchmark and target rate for countries that fix or peg their currencies against its value. It is also used as the standard currency for oil, precious metals and other commodities.
    Currency:US dsollar
    Currency symbol:$
    Sub unit:cents
    Bank notes:$1, $5, $10, $20, $50, $100
    Coins:1c, 5c, 10c, 25c, 50c

    Korean Won

    The won is the official currency of South Korea. South Korea is one of the fastest-growing economies in the world and the fourth-largest economy in Asia. It rose from being one of the poorest countries in the world to a highly developed country in just one generation.
    Currency:Korean won
    Currency symbol:
    Sub unit:jeon
    Bank notes:₩1,000, ₩5,000, ₩10,000, ₩50,000
    Coins:₩10, ₩50, ₩100, ₩500

    US dollar to the Korean won for the last 10 years

    May 2009 Aug 2010 Nov 2011 Feb 2013 May 2014 Aug 2015 Nov 2016 Feb 2018
    1 USD = 1246.1162 Inverse: 0.0008 1178.0278 Inverse: 0.0008 1143.8046 Inverse: 0.0009 1080.8625 Inverse: 0.0009 1024.8017 Inverse: 0.0010 1195.8100 Inverse: 0.0008 1176.9600 Inverse: 0.0008 1081.1300 Inverse: 0.0009

    How does the US dollar trade against the Korean won historically?

    Historically, the US dollar has been stronger against the won. Over the past decade, it has generally been worth between 1,000 and 1,200 KRW. Over the past year, it’s held relatively stable between 1,100 and 1,200 KRW.

    US dollar to the Korean won for the last 10 months

    Jul 2018 Aug 2018 Oct 2018 Nov 2018 Dec 2018 Jan 2019 Mar 2019 Apr 2019
    1 USD = 1128.0000 Inverse: 0.0009 1107.8000 Inverse: 0.0009 1132.0000 Inverse: 0.0009 1138.4600 Inverse: 0.0009 1121.1463 Inverse: 0.0009 1112.8000 Inverse: 0.0009 1128.0007 Inverse: 0.0009 1134.6974 Inverse: 0.0009

    US dollar to the Korean won for the last 10 days

    May 12 May 13 May 14 May 15 May 16 May 17 May 18 May 19
    1 USD = 1175.4205 Inverse: 0.0009 1188.1785 Inverse: 0.0008 1187.9103 Inverse: 0.0008 1187.0400 Inverse: 0.0008 1191.4100 Inverse: 0.0008 1194.7400 Inverse: 0.0008 1194.7400 Inverse: 0.0008 1194.8296 Inverse: 0.0008

    What affects USD > KRW exchange rates?

    The policies of the Federal Reserve

    When the Fed stops distributing dollars (as just one example), it restricts the money supply. Hence, demand goes up.

    Economic uncertainty in the world

    The US dollar is often seen as a safe investment, and it’s often purchased more aggressively during global crises.

    Exports from Japan and China

    Both countries buy dollars to stabilize their currencies. This helps them create cheaper exports, which in turn makes their exports more attractive to world buyers.

    Foreign trade

    South Korea brings in a high volume of imports and exports, exposing the country to high market volatility.

    China’s monetary policy

    The People’s Bank of China can change the value of the yuan. When it does, it indirectly changes the won-to-dollar exchange rate.

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    USD 1 1 - 2 days USD 0.00 1189.839 KRW
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    USD 1,000 1 day USD 0.00 1177.893 KRW 5,889,464 No-maximum limit transfers with competitive exchange rates for 100+ currencies. Go to site Show details
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    Market rate for common transfer amounts USD to KRW

    US Dollars (USD) Korean Won (KRW)
    $1 0
    $100 0
    $500 0
    $1000 0
    $1500 0
    $2500 0
    $5000 0

    How much is traded between these currencies?

    The US dollar is the most traded currency in the world — according to the Bank for International Settlements, the dollar is involved in about 88% of currency trades. Meanwhile, the South Korean won is involved in about 2% of global trades.
    How to send money to South Korea



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