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

US Dollar to Korean Won Exchange Rate

Live Rate

= 1190.6100

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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

    Sep 2009 Dec 2010 Mar 2012 Jun 2013 Sep 2014 Dec 2015 Mar 2017 Jun 2018
    1 USD = 1206.0493 Inverse: 0.0008 1159.5816 Inverse: 0.0009 1122.0718 Inverse: 0.0009 1132.4609 Inverse: 0.0009 1043.5650 Inverse: 0.0010 1182.5867 Inverse: 0.0008 1123.8700 Inverse: 0.0009 1110.6400 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

    Nov 2018 Dec 2018 Feb 2019 Mar 2019 Apr 2019 May 2019 Jul 2019 Aug 2019
    1 USD = 1121.4900 Inverse: 0.0009 1123.5261 Inverse: 0.0009 1119.0893 Inverse: 0.0009 1128.2700 Inverse: 0.0009 1136.5800 Inverse: 0.0009 1183.3100 Inverse: 0.0008 1168.3207 Inverse: 0.0009 1214.1972 Inverse: 0.0008

    US dollar to the Korean won for the last 10 days

    Sep 08 Sep 09 Sep 10 Sep 11 Sep 12 Sep 13 Sep 14 Sep 15
    1 USD = 1192.6209 Inverse: 0.0008 1191.8889 Inverse: 0.0008 1190.5000 Inverse: 0.0008 1190.7960 Inverse: 0.0008 1182.6200 Inverse: 0.0008 1179.7191 Inverse: 0.0008 1179.7191 Inverse: 0.0008 1179.7200 Inverse: 0.0008

    Forecast rates for USD to KRW

    Month $1 USD =
    October, 2019 ₩1,211.90
    November, 2019 ₩1,213.22
    December, 2019 ₩1,214.55
    January, 2020 ₩1,215.88
    February, 2020 ₩1,217.50
    March, 2020 ₩1,218.97
    April, 2020 ₩1,220.30
    May, 2020 ₩1,222.07
    June, 2020 ₩1,223.39
    July, 2020 ₩1,224.72

    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 1185.848 KRW 5,929,238 Offering no maximum and no minimum limit transfers with $0 fees. Go to site Show details
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    USD 1,000 1 day USD 0.00 1183.943 KRW 5,919,713 No-maximum limit transfers with competitive exchange rates for 100+ currencies. Go to site Show details
    USD 50 1 - 2 days USD 0.00 1184.776 KRW 5,923,880 Simple, zero-margin exchange rates, plus earn loyalty points on sign up, referral and every transaction. 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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