LocalExchangeRates.com

Official Rate Sheet: South Korean Won (KRW) / Euro (EUR)

Date generated:

Mid-Market Rate: 1 KRW = 0.0007 EUR

Real-Time Interbank Wholesale Feed: October 6, 2026

South Korean Won to Euro Exchange Rate (KRW to EUR)

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 KRW in EUR?

1 KRW = 0.0007 EUR

At the current mid-market wholesale exchange rate, converting 1,000 South Korean Won (KRW) yields approximately 0.66 Euro (EUR) (inverse rate: 1 EUR = 1507.1218 KRW). 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): KRW

You Receive (Estimate): EUR

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

Kurs rynkowy: 1 KRW = 0.0007 EUR

Kurs odwrotny: 1 EUR = 1507.1218 KRW

Status danych: Live Data (Redis)

Looking for reverse calculation? Check EUR to KRW (Euro to South Korean Won) Live Converter →

KRW to EUR Real-Time & Historical Rate Chart

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

Period High

0.0007 EUR

Period Low

0.0007 EUR

Volatility / Avg

0.0007 EUR

Mid-Market Trend

+0.25%

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

Min: 0.0007 EUR

Max: 0.0007 EUR

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

Min: 0.0006 EUR

Max: 0.0007 EUR

Standard Denomination Conversion Matrix (KRW & EUR)

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

South Korean Won → Euro (KRW / EUR)

Wholesale Benchmark

South Korean Won (KRW)	Euro (EUR)
1 KRW	0.00 EUR
5 KRW	0.00 EUR
10 KRW	0.01 EUR
25 KRW	0.02 EUR
50 KRW	0.03 EUR
100 KRW	0.07 EUR
200 KRW	0.13 EUR
250 KRW	0.17 EUR
500 KRW	0.33 EUR
1,000 KRW	0.66 EUR
2,500 KRW	1.66 EUR
5,000 KRW	3.32 EUR
10,000 KRW	6.64 EUR

Euro → South Korean Won (EUR / KRW)

Wholesale Benchmark

Euro (EUR)	South Korean Won (KRW)
1 EUR	1,507.12 KRW
5 EUR	7,535.61 KRW
10 EUR	15,071.22 KRW
25 EUR	37,678.05 KRW
50 EUR	75,356.09 KRW
100 EUR	150,712.18 KRW
200 EUR	301,424.37 KRW
250 EUR	376,780.46 KRW
500 EUR	753,560.92 KRW
1,000 EUR	1,507,121.84 KRW
2,500 EUR	3,767,804.59 KRW
5,000 EUR	7,535,609.18 KRW
10,000 EUR	15,071,218.36 KRW

Provider / Channel	KRW/EUR Effective Exchange Rate	Estimated Fee	Estimated Received (EUR)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	0.0007 EUR	0.00%	3.32 EUR	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	0.0006 EUR	~3.50%	3.20 EUR	-0.12 EUR
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	0.0006 EUR	~10.00%	2.99 EUR	-0.33 EUR

1 KRW to EUR: South Korean Won to Euro Exchange Guide

Searches for 1 KRW to EUR or convert KRW to EUR describe the amount of Euro received per 1 South Korean Won. At today's wholesale baseline of 1 KRW = 0.0007 EUR (inverse: 1 EUR = 1507.1218 KRW), understanding retail bank margins helps protect your funds:

🌏 International Transfers & Travel (South Korea ↔ EUR Currency Area)

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 Bank of Korea (BoK) and Monetary Authority (EUR) shape the medium-to-long term valuation of KRW/EUR.

KRW and EUR Currency Profiles

Official monetary framework, central bank governance, and banknote specifications for South Korea and EUR Currency Area.

How the KRW to EUR Exchange Rate Works

Foreign exchange transactions between South Korea (KRW) and EUR Currency Area (EUR) 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 KRW and EUR:

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 Bank of Korea (BoK) and Monetary Authority (EUR) serve as the primary long-term drivers for this currency pair.
Customs Cash Declaration Thresholds: Travelers carrying banknotes or negotiable instruments between South Korea and EUR Currency Area 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 (EUR) 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: South Korean Won to Euro Conversion

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

How much is 1,000 KRW in EUR today?

At the current mid-market exchange rate (1 KRW = 0.0007 EUR), 1,000 South Korean Won equals approximately 0.66 Euro. 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 South Korean Won?

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 KRW?

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 (Bank of Korea (BoK)) 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.