LocalExchangeRates.com

Official Rate Sheet: South Korean Won (KRW) / New Zealand Dollar (NZD)

Date generated:

Mid-Market Rate: 1 KRW = 0.0013 NZD

Real-Time Interbank Wholesale Feed: October 6, 2026

South Korean Won to New Zealand Dollar Exchange Rate (KRW to NZD)

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 NZD?

1 KRW = 0.0013 NZD

At the current mid-market wholesale exchange rate, converting 1,000 South Korean Won (KRW) yields approximately 1.33 New Zealand Dollar (NZD) (inverse rate: 1 NZD = 752.4299 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): NZD

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

Kurs rynkowy: 1 KRW = 0.0013 NZD

Kurs odwrotny: 1 NZD = 752.4299 KRW

Status danych: Live Data (Redis)

Looking for reverse calculation? Check NZD to KRW (New Zealand Dollar to South Korean Won) Live Converter →

KRW to NZD Real-Time & Historical Rate Chart

Track historical volatility and key price support levels for South Korean Won against New Zealand Dollar

Period High

0.0013 NZD

Period Low

0.0013 NZD

Volatility / Avg

0.0013 NZD

Mid-Market Trend

+0.25%

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

Min: 0.0013 NZD

Max: 0.0013 NZD

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

Min: 0.0013 NZD

Max: 0.0014 NZD

Standard Denomination Conversion Matrix (KRW & NZD)

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

South Korean Won → New Zealand Dollar (KRW / NZD)

Wholesale Benchmark

South Korean Won (KRW)	New Zealand Dollar (NZD)
1 KRW	0.00 NZD
5 KRW	0.01 NZD
10 KRW	0.01 NZD
25 KRW	0.03 NZD
50 KRW	0.07 NZD
100 KRW	0.13 NZD
200 KRW	0.27 NZD
250 KRW	0.33 NZD
500 KRW	0.66 NZD
1,000 KRW	1.33 NZD
2,500 KRW	3.32 NZD
5,000 KRW	6.65 NZD
10,000 KRW	13.29 NZD

New Zealand Dollar → South Korean Won (NZD / KRW)

Wholesale Benchmark

New Zealand Dollar (NZD)	South Korean Won (KRW)
1 NZD	752.43 KRW
5 NZD	3,762.15 KRW
10 NZD	7,524.30 KRW
25 NZD	18,810.75 KRW
50 NZD	37,621.49 KRW
100 NZD	75,242.99 KRW
200 NZD	150,485.97 KRW
250 NZD	188,107.47 KRW
500 NZD	376,214.94 KRW
1,000 NZD	752,429.87 KRW
2,500 NZD	1,881,074.68 KRW
5,000 NZD	3,762,149.36 KRW
10,000 NZD	7,524,298.71 KRW

Provider / Channel	KRW/NZD Effective Exchange Rate	Estimated Fee	Estimated Received (NZD)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	0.0013 NZD	0.00%	6.65 NZD	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	0.0013 NZD	~3.50%	6.41 NZD	-0.23 NZD
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	0.0012 NZD	~10.00%	5.98 NZD	-0.66 NZD

1 KRW to NZD: South Korean Won to New Zealand Dollar Exchange Guide

Searches for 1 KRW to NZD or convert KRW to NZD describe the amount of New Zealand Dollar received per 1 South Korean Won. At today's wholesale baseline of 1 KRW = 0.0013 NZD (inverse: 1 NZD = 752.4299 KRW), understanding retail bank margins helps protect your funds:

🌏 International Transfers & Travel (South Korea ↔ New Zealand)

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 Reserve Bank of New Zealand (RBNZ) shape the medium-to-long term valuation of KRW/NZD.

KRW and NZD Currency Profiles

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

How the KRW to NZD Exchange Rate Works

Foreign exchange transactions between South Korea (KRW) and New Zealand (NZD) 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 NZD:

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 Reserve Bank of New Zealand (RBNZ) 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 New Zealand 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 (NZD) 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 New Zealand Dollar Conversion

Common questions regarding South Korean Won to New Zealand Dollar conversion, bank spreads, and transfer costs.

How much is 1,000 KRW in NZD today?

At the current mid-market exchange rate (1 KRW = 0.0013 NZD), 1,000 South Korean Won equals approximately 1.33 New Zealand Dollar. 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.