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KRW to USD - South Korean Won to US Dollar Converter

Convert South Korean Won to US Dollar with daily ECB exchange rates

1 KRW = ~0.000687 USD (rates vary)

Rates verified daily from ECB official reference rates•Source: European Central Bank (16:00 CET daily)•For informational purposes only. Not financial advice.

Quick Insight

This currency pair is highly volatile. Always check live rates before transactions.

KRW moves with policy shifts and risk sentiment. Quick mental math is not reliable for KRW.

Rates can swing quickly; always verify live KRW/USD quotes before transferring.

⚠️ Always verify before exchange📈 Track rate trends🔔 Set rate alerts

Common KRW - USD Conversions

24h Change
+0.00%
7d Change
+0.00%
30d Change
+0.00%
1y Change
+0.00%

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Forex Market Hours

Sydney
22:00 - 07:00 UTC
Active
Tokyo
00:00 - 09:00 UTC
Active
London
08:00 - 17:00 UTC
Closed
New York
13:00 - 22:00 UTC
Closed

Most volatile: London-NY overlap (13:00-17:00 GMT). Best spreads during high liquidity hours.

Upcoming High Impact Events

US Non-Farm Payrolls
First Friday of month
High Impact
USD pairs
ECB Rate Decision
Every 6 weeks
Medium Impact
EUR pairs

These are typical recurring economic events. Actual dates, times, and market impacts may vary. This information is for general awareness only and should not be used as the sole basis for financial decisions. Always verify current schedules from official central bank sources.

Tips & Recommendations

  • 1Airport exchange bureaus often have higher markups (10-15%) compared to other options
  • 2ATMs with local bank cards typically offer rates closer to mid-market rates
  • 3Paying in local currency helps avoid dynamic currency conversion (DCC) fees
  • 4Notifying your bank before travel can help prevent unexpected card blocks

Frequently Asked Questions

The rate moves with monetary policy decisions by the Federal Reserve and Bank of Korea, inflation patterns, trade flows, risk appetite, and geopolitical developments. Market expectations frequently drive short-term swings.

Economic Context

Trading Relationship

The US and Korea exchange goods and services, from autos to consumer electronics, creating steady demand for each other’s currencies in transpacific trade.

Key Rate Factors

  • •Federal Reserve policy decisions
  • •Bank of Korea monetary stance
  • •US-Korea trade balance and tariffs
  • •US dollar strength vs. Asian currencies
  • •Global risk sentiment and safe-haven flows

Central Banks

Bank of Korea
Seoul, South Korea
Monetary authority that sets policy to maintain price stability and manage liquidity in the domestic financial system.
Federal Reserve System
Washington, D.C., USA
The US central bank. Sets interest rates, manages inflation, and acts as lender of last resort for American banks.

Exchange rates fluctuate continuously. This converter provides indicative rates for informational purposes. For large transactions, consult with a licensed financial professional.

Rates sourced from European Central Bank reference rates. ECB Reference Rates