US Dollar to Korean Won Exchange Rate

Live Rate

= 1164.2200

Refreshing in: 60s | Mon, Nov 18, 08:12AM GMT

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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

    Nov 2009 Feb 2011 May 2012 Aug 2013 Nov 2014 Feb 2016 May 2017 Aug 2018
    1 USD = 1154.9716 Inverse: 0.0009 1115.8895 Inverse: 0.0009 1171.2283 Inverse: 0.0009 1116.4233 Inverse: 0.0009 1104.6700 Inverse: 0.0009 1232.2933 Inverse: 0.0008 1118.0500 Inverse: 0.0009 1117.1000 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

    Jan 17 Feb 24 Apr 03 May 11 Jun 18 Jul 26 Sep 02 Oct 10
    1 USD = 1121.5495 Inverse: 0.0009 1123.2752 Inverse: 0.0009 1134.5274 Inverse: 0.0009 1175.2000 Inverse: 0.0009 1173.6814 Inverse: 0.0009 1184.2100 Inverse: 0.0008 1213.7698 Inverse: 0.0008 1189.8200 Inverse: 0.0008

    US dollar to the Korean won for the last 10 days

    Nov 08 Nov 09 Nov 10 Nov 11 Nov 12 Nov 13 Nov 14 Nov 15
    1 USD = 1158.7600 Inverse: 0.0009 1158.7600 Inverse: 0.0009 1158.7600 Inverse: 0.0009 1164.8950 Inverse: 0.0009 1166.4000 Inverse: 0.0009 1170.8600 Inverse: 0.0009 1168.5300 Inverse: 0.0009 1163.6300 Inverse: 0.0009

    Forecast rates for USD to KRW

    Month $1 USD =
    December, 2019 ₩1,188.15
    January, 2020 ₩1,189.28
    February, 2020 ₩1,190.70
    March, 2020 ₩1,191.97
    April, 2020 ₩1,193.11
    May, 2020 ₩1,194.52
    June, 2020 ₩1,195.66
    July, 2020 ₩1,196.79
    August, 2020 ₩1,198.35

    Rate prediction methodology and disclaimer

    Forecast rates are our best estimate of average exchange rates over the next 11 months. We base these rates on an analysis of current and historical Wall Street prices of related financial instruments and historical exchange rates for this currency pair.

    If details are missing, it means that we didn’t have sufficient data to make a forecast.

    These rates are educated expectations only, not financial advice. Talk with a professional before any important financial decision.

    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.

    Send money from USD to KRW

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    USD 0 1 - 2 days USD 0.00 1159.563 KRW 5,797,816 Offering no maximum and no minimum limit transfers with $0 fees. Go to site Show details
    USD 1 1 - 2 days USD 60.00 1164.219 KRW
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    EUR 1,000 1 - 2 days USD 10.00 1152.578 KRW 5,751,363 Use TransferMate to help you send money to almost any country around the world for a small fee. Go to site Show details
    USD 1 Within an hour USD 3.99 1159.33 KRW 5,792,026 Use promo code 3FREE to send your first 3 transfers with no fee. Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up. Go to site Show details
    USD 1,000 1 day USD 0.00 1152.578 KRW 5,762,889 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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