LocalExchangeRates.com

Official Rate Sheet: Indian Rupee (INR) / South Korean Won (KRW)

Date generated:

Mid-Market Rate: 1 INR = 13.9580 KRW

Real-Time Interbank Wholesale Feed: October 6, 2026

Indian Rupee to South Korean Won Exchange Rate (INR to KRW)

Real-time mid-market wholesale rate with zero retail markup. Check benchmark pricing before bank conversion or international wire transfer.

Bottom Line Up Front (BLUF): How much is 1,000 INR in KRW?

1 INR = 13.9580 KRW

At the current mid-market wholesale exchange rate, converting 1,000 Indian Rupee (INR) yields approximately 13,957.95 South Korean Won (KRW) (inverse rate: 1 KRW = 0.0716 INR). This rate represents the pure interbank benchmark. Retail dealers and commercial banks typically apply a commercial spread between 1.5% and 3.5%. View live calculations, historical charts, and provider spreads below.

You Pay (Amount): INR

You Receive (Estimate): KRW

Wycena na podstawie średniego kursu międzybankowego (0,00% marży)

Kurs rynkowy: 1 INR = 13.9580 KRW

Kurs odwrotny: 1 KRW = 0.0716 INR

Status danych: Live Data (Redis)

Looking for reverse calculation? Check KRW to INR (South Korean Won to Indian Rupee) Live Converter →

INR to KRW Real-Time & Historical Rate Chart

Track historical volatility and key price support levels for Indian Rupee against South Korean Won

Period High

14.1254 KRW

Period Low

13.7905 KRW

Volatility / Avg

13.9580 KRW

Mid-Market Trend

+0.25%

30-Day Range (1M) Position: 50% range

Min: 13.7905 KRW

Max: 14.1254 KRW

52-Week Range (1Y) Current Position: 65% Range

Min: 13.4694 KRW

Max: 14.4465 KRW

Standard Denomination Conversion Matrix (INR & KRW)

Wholesale interbank rate matrix with zero retail markup or hidden fees.

Indian Rupee → South Korean Won (INR / KRW)

Wholesale Benchmark

Indian Rupee (INR)	South Korean Won (KRW)
1 INR	13.96 KRW
5 INR	69.79 KRW
10 INR	139.58 KRW
25 INR	348.95 KRW
50 INR	697.90 KRW
100 INR	1,395.80 KRW
200 INR	2,791.59 KRW
250 INR	3,489.49 KRW
500 INR	6,978.98 KRW
1,000 INR	13,957.95 KRW
2,500 INR	34,894.89 KRW
5,000 INR	69,789.77 KRW
10,000 INR	139,579.54 KRW

South Korean Won → Indian Rupee (KRW / INR)

Wholesale Benchmark

South Korean Won (KRW)	Indian Rupee (INR)
1 KRW	0.07 INR
5 KRW	0.36 INR
10 KRW	0.72 INR
25 KRW	1.79 INR
50 KRW	3.58 INR
100 KRW	7.16 INR
200 KRW	14.33 INR
250 KRW	17.91 INR
500 KRW	35.82 INR
1,000 KRW	71.64 INR
2,500 KRW	179.11 INR
5,000 KRW	358.22 INR
10,000 KRW	716.44 INR

Provider / Channel	INR/KRW Effective Exchange Rate	Estimated Fee	Estimated Received (KRW)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	13.9580 KRW	0.00%	69,789.77 KRW	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	13.4694 KRW	~3.50%	67,347.13 KRW	-2,442.64 KRW
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	12.5622 KRW	~10.00%	62,810.79 KRW	-6,978.98 KRW

1 INR to KRW: Indian Rupee to South Korean Won Exchange Guide

Searches for 1 INR to KRW or convert INR to KRW describe the amount of South Korean Won received per 1 Indian Rupee. At today's wholesale baseline of 1 INR = 13.9580 KRW (inverse: 1 KRW = 0.0716 INR), understanding retail bank margins helps protect your funds:

🌏 International Transfers & Travel (India ↔ South Korea)

Whether remitting money internationally or budgeting for travel, benchmark retail bank quotes against the wholesale mid-market rate to avoid excessive markups.

🏦 Commercial Bank Spreads

Major commercial banks typically add markups between 1.5% and 3.5% on foreign currencies, whereas digital multi-currency accounts operate with tighter margins.

📈 Monetary Policy Drivers

Interest rate decisions and monetary policies set by Reserve Bank of India (RBI) and Bank of Korea (BoK) shape the medium-to-long term valuation of INR/KRW.

INR and KRW Currency Profiles

Official monetary framework, central bank governance, and banknote specifications for India and South Korea.

How the INR to KRW Exchange Rate Works

Foreign exchange transactions between India (INR) and South Korea (KRW) trade continuously on global wholesale interbank currency markets. The mid-market rate represents the exact mathematical midpoint between institutional buy (bid) and sell (ask) quotes without retail dealer markups.

Key considerations when converting or transferring between INR and KRW:

Banking Channel Selection: Digital banking transfers and specialized multi-currency accounts generally offer exchange margins of 0.2% to 0.8%, whereas airport physical cash booths frequently charge 8% to 12% over the interbank baseline.
Central Bank Oversight & Policy: Monetary policy decisions, policy interest rate differentials, and currency reserves managed by Reserve Bank of India (RBI) and Bank of Korea (BoK) serve as the primary long-term drivers for this currency pair.
Customs Cash Declaration Thresholds: Travelers carrying banknotes or negotiable instruments between India and South Korea exceeding equivalent to 10,000 USD or EUR are legally required to file written declarations with border authorities.
Avoid Dynamic Currency Conversion (DCC): When using payment cards abroad or withdrawing cash from ATMs, always elect to be billed in the local currency (KRW) rather than your home billing currency to bypass costly DCC conversion markups.

LocalExchangeRates aggregates real-time wholesale interbank benchmarks to provide users with transparent, independent currency valuation.

Frequently Asked Questions: Indian Rupee to South Korean Won Conversion

Common questions regarding Indian Rupee to South Korean Won conversion, bank spreads, and transfer costs.

How much is 1,000 INR in KRW today?

At the current mid-market exchange rate (1 INR = 13.9580 KRW), 1,000 Indian Rupee equals approximately 13,957.95 South Korean Won. Retail exchange bureaus and commercial banks typically apply a 1.5% to 3.5% transaction spread.

Where can I get the best exchange rate for Indian Rupee?

To secure the best rates, avoid airport currency kiosks which routinely apply markups exceeding 8% to 12%. Converting currency at major commercial banks or using a low-fee multi-currency card typically delivers the closest rate to the mid-market benchmark.

Are there cash declaration limits when traveling with INR?

Most international customs jurisdictions mandate a formal declaration when carrying physical cash or negotiable instruments exceeding the equivalent of 10,000 USD or EUR. Check with local customs authority (Reserve Bank of India (RBI)) prior to departure.

Does the exchange rate fluctuate during weekends?

Global interbank foreign exchange markets close on Friday evening (5:00 PM EST) and reopen on Sunday evening. Over the weekend, rates remain static at the Friday close, though retail providers may widen spreads to offset volatility risks.

How is the mid-market exchange rate calculated?

The mid-market exchange rate is the exact midpoint between global wholesale institutional buy (bid) and sell (ask) quotes. It serves as the global benchmark without any added retail broker or banking markup.