LocalExchangeRates.com

Official Rate Sheet: Singapore Dollar (SGD) / South Korean Won (KRW)

Date generated:

Mid-Market Rate: 1 SGD = 1050.1299 KRW

Real-Time Interbank Wholesale Feed: October 6, 2026

Singapore Dollar to South Korean Won Exchange Rate (SGD 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 SGD in KRW?

1 SGD = 1050.1299 KRW

At the current mid-market wholesale exchange rate, converting 1,000 Singapore Dollar (SGD) yields approximately 1,050,129.87 South Korean Won (KRW) (inverse rate: 1 KRW = 0.0010 SGD). 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): SGD

You Receive (Estimate): KRW

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

Kurs rynkowy: 1 SGD = 1050.1299 KRW

Kurs odwrotny: 1 KRW = 0.0010 SGD

Status danych: Live Data (Redis)

Looking for reverse calculation? Check KRW to SGD (South Korean Won to Singapore Dollar) Live Converter →

SGD to KRW Real-Time & Historical Rate Chart

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

Period High

1062.7314 KRW

Period Low

1037.5283 KRW

Volatility / Avg

1050.1299 KRW

Mid-Market Trend

+0.25%

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

Min: 1037.5283 KRW

Max: 1062.7314 KRW

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

Min: 1013.3753 KRW

Max: 1086.8844 KRW

Standard Denomination Conversion Matrix (SGD & KRW)

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

Singapore Dollar → South Korean Won (SGD / KRW)

Wholesale Benchmark

Singapore Dollar (SGD)	South Korean Won (KRW)
1 SGD	1,050.13 KRW
5 SGD	5,250.65 KRW
10 SGD	10,501.30 KRW
25 SGD	26,253.25 KRW
50 SGD	52,506.49 KRW
100 SGD	105,012.99 KRW
200 SGD	210,025.97 KRW
250 SGD	262,532.47 KRW
500 SGD	525,064.93 KRW
1,000 SGD	1,050,129.87 KRW
2,500 SGD	2,625,324.67 KRW
5,000 SGD	5,250,649.34 KRW
10,000 SGD	10,501,298.68 KRW

South Korean Won → Singapore Dollar (KRW / SGD)

Wholesale Benchmark

South Korean Won (KRW)	Singapore Dollar (SGD)
1 KRW	0.00 SGD
5 KRW	0.00 SGD
10 KRW	0.01 SGD
25 KRW	0.02 SGD
50 KRW	0.05 SGD
100 KRW	0.10 SGD
200 KRW	0.19 SGD
250 KRW	0.24 SGD
500 KRW	0.48 SGD
1,000 KRW	0.95 SGD
2,500 KRW	2.38 SGD
5,000 KRW	4.76 SGD
10,000 KRW	9.52 SGD

Provider / Channel	SGD/KRW Effective Exchange Rate	Estimated Fee	Estimated Received (KRW)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	1050.1299 KRW	0.00%	5,250,649.34 KRW	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	1,013.3753 KRW	~3.50%	5,066,876.61 KRW	-183,772.73 KRW
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	945.1169 KRW	~10.00%	4,725,584.41 KRW	-525,064.93 KRW

1 SGD to KRW: Singapore Dollar to South Korean Won Exchange Guide

Searches for 1 SGD to KRW or convert SGD to KRW describe the amount of South Korean Won received per 1 Singapore Dollar. At today's wholesale baseline of 1 SGD = 1050.1299 KRW (inverse: 1 KRW = 0.0010 SGD), understanding retail bank margins helps protect your funds:

🌏 International Transfers & Travel (Singapore ↔ 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 Monetary Authority of Singapore (MAS) and Bank of Korea (BoK) shape the medium-to-long term valuation of SGD/KRW.

SGD and KRW Currency Profiles

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

How the SGD to KRW Exchange Rate Works

Foreign exchange transactions between Singapore (SGD) 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 SGD 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 Monetary Authority of Singapore (MAS) 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 Singapore 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: Singapore Dollar to South Korean Won Conversion

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

How much is 1,000 SGD in KRW today?

At the current mid-market exchange rate (1 SGD = 1050.1299 KRW), 1,000 Singapore Dollar equals approximately 1,050,129.87 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 Singapore Dollar?

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 SGD?

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 (Monetary Authority of Singapore (MAS)) 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.