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

US Dollar to Korean Won Exchange Rate

Live Rate

= 1175.1150

Refreshing in: 60s | Fri, Jul 19, 12:02PM 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

    Jul 2009 Oct 2010 Jan 2012 Apr 2013 Jul 2014 Oct 2015 Jan 2017 Apr 2018
    1 USD = 1264.7779 Inverse: 0.0008 1115.6237 Inverse: 0.0009 1140.4861 Inverse: 0.0009 1120.3933 Inverse: 0.0009 1038.9417 Inverse: 0.0010 1130.3200 Inverse: 0.0009 1174.8000 Inverse: 0.0009 1070.0500 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

    Sep 2018 Oct 2018 Dec 2018 Jan 2019 Feb 2019 Mar 2019 May 2019 Jun 2019
    1 USD = 1126.5700 Inverse: 0.0009 1136.2500 Inverse: 0.0009 1118.1200 Inverse: 0.0009 1119.6274 Inverse: 0.0009 1126.3426 Inverse: 0.0009 1134.8700 Inverse: 0.0009 1164.3300 Inverse: 0.0009 1183.6019 Inverse: 0.0008

    US dollar to the Korean won for the last 10 days

    Jul 09 Jul 10 Jul 11 Jul 12 Jul 13 Jul 14 Jul 15 Jul 16
    1 USD = 1182.4742 Inverse: 0.0008 1175.6900 Inverse: 0.0009 1174.2051 Inverse: 0.0009 1177.3200 Inverse: 0.0008 1177.3200 Inverse: 0.0008 1177.4134 Inverse: 0.0008 1179.4100 Inverse: 0.0008 1178.9000 Inverse: 0.0008

    Forecast rates for USD to KRW

    Month $1 USD =
    August, 2019 ₩1,178.92
    September, 2019 ₩1,179.61
    October, 2019 ₩1,180.72
    November, 2019 ₩1,182.10
    December, 2019 ₩1,183.34
    January, 2020 ₩1,184.45
    February, 2020 ₩1,185.84
    March, 2020 ₩1,186.94
    April, 2020 ₩1,188.05
    May, 2020 ₩1,189.43
    June, 2020 ₩1,190.54

    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 3 - 5 days USD 0.00 1161.014 KRW 5,805,068 Offering no maximum and no minimum limit transfers with $0 fees. Go to site Show details
    USD 1 1 - 2 days USD 0.00 1170.415 KRW
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    USD 1 Within an hour USD 0.00 1154.55 KRW 5,772,752 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 1158.663 KRW 5,793,317 No-maximum limit transfers with competitive exchange rates for 100+ currencies. Go to site Show details
    USD 50 1 - 2 days USD 0.00 1150.438 KRW 5,752,188 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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