US Dollar to Korean Won Exchange Rate

Live Rate

= 1161.3800

Refreshing in: 60s | Fri, Jan 17, 09:20PM 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

    Jan 2010 Apr 2011 Jul 2012 Oct 2013 Jan 2015 Apr 2016 Jul 2017 Oct 2018
    1 USD = 1122.6985 Inverse: 0.0009 1090.4888 Inverse: 0.0009 1142.4157 Inverse: 0.0009 1061.9761 Inverse: 0.0009 1078.7633 Inverse: 0.0009 1137.3667 Inverse: 0.0009 1121.6100 Inverse: 0.0009 1132.1200 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

    Mar 2019 Apr 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Nov 2019 Dec 2019
    1 USD = 1132.1447 Inverse: 0.0009 1159.9927 Inverse: 0.0009 1188.8706 Inverse: 0.0008 1175.6900 Inverse: 0.0009 1208.4966 Inverse: 0.0008 1195.2200 Inverse: 0.0008 1164.7000 Inverse: 0.0009 1189.6800 Inverse: 0.0008

    US dollar to the Korean won for the last 10 days

    Jan 07 Jan 08 Jan 09 Jan 10 Jan 11 Jan 12 Jan 13 Jan 14
    1 USD = 1167.4550 Inverse: 0.0009 1162.3000 Inverse: 0.0009 1158.8100 Inverse: 0.0009 1158.9300 Inverse: 0.0009 1158.9300 Inverse: 0.0009 1158.9300 Inverse: 0.0009 1154.9400 Inverse: 0.0009 1158.1500 Inverse: 0.0009

    Forecast rates for USD to KRW

    Month $1 USD =
    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 1 1 - 2 days USD 60.00 1161.379 KRW
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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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