US Dollar to Korean Won Exchange Rate

Live Rate

= 1212.7400

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Historical Rate chart of USD and KRW

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Updated: 29 Mar 2020 17:36:50 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

    Mar 2010 Jun 2011 Sep 2012 Dec 2013 Apr 2015 Jul 2016 Oct 2017 Jan 2019
    1 USD = 1130.3551 Inverse: 0.0009 1067.5514 Inverse: 0.0009 1114.6167 Inverse: 0.0009 1055.0767 Inverse: 0.0009 1103.1633 Inverse: 0.0009 1148.9467 Inverse: 0.0009 1145.6600 Inverse: 0.0009 1114.7970 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

    May 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Dec 2019 Jan 2020 Feb 2020
    1 USD = 1187.6775 Inverse: 0.0008 1175.1100 Inverse: 0.0009 1217.7524 Inverse: 0.0008 1194.2802 Inverse: 0.0008 1171.8200 Inverse: 0.0009 1190.4600 Inverse: 0.0008 1158.9300 Inverse: 0.0009 1191.0300 Inverse: 0.0008

    US dollar to the Korean won for the last 10 days

    Mar 19 Mar 20 Mar 21 Mar 22 Mar 23 Mar 24 Mar 25 Mar 26
    1 USD = 1257.8600 Inverse: 0.0008 1254.9500 Inverse: 0.0008 1254.9500 Inverse: 0.0008 1254.6643 Inverse: 0.0008 1261.4500 Inverse: 0.0008 1233.8700 Inverse: 0.0008 1223.4000 Inverse: 0.0008 1213.2000 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 1,000 1 day USD 0.00 1200.613 KRW 6,003,063 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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