LocalExchangeRates.com

Official Rate Sheet: United States Dollar (USD) / South Korean Won (KRW)

Date generated:

Mid-Market Rate: 1 USD = 1344.0191 KRW

Real-Time Interbank Wholesale Feed: October 6, 2026

United States Dollar to South Korean Won Exchange Rate (USD 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 USD in KRW?

1 USD = 1344.0191 KRW

At the current mid-market wholesale exchange rate, converting 1,000 United States Dollar (USD) yields approximately 1,344,019.15 South Korean Won (KRW) (inverse rate: 1 KRW = 0.0007 USD). 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): USD

You Receive (Estimate): KRW

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

Kurs rynkowy: 1 USD = 1344.0191 KRW

Kurs odwrotny: 1 KRW = 0.0007 USD

Status danych: Live Data (Redis)

Looking for reverse calculation? Check KRW to USD (South Korean Won to United States Dollar) Live Converter →

USD to KRW Real-Time & Historical Rate Chart

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

Period High

1360.1474 KRW

Period Low

1327.8909 KRW

Volatility / Avg

1344.0191 KRW

Mid-Market Trend

+0.25%

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

Min: 1327.8909 KRW

Max: 1360.1474 KRW

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

Min: 1296.9785 KRW

Max: 1391.0598 KRW

Standard Denomination Conversion Matrix (USD & KRW)

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

United States Dollar → South Korean Won (USD / KRW)

Wholesale Benchmark

United States Dollar (USD)	South Korean Won (KRW)
1 USD	1,344.02 KRW
5 USD	6,720.10 KRW
10 USD	13,440.19 KRW
25 USD	33,600.48 KRW
50 USD	67,200.96 KRW
100 USD	134,401.91 KRW
200 USD	268,803.83 KRW
250 USD	336,004.79 KRW
500 USD	672,009.57 KRW
1,000 USD	1,344,019.15 KRW
2,500 USD	3,360,047.87 KRW
5,000 USD	6,720,095.73 KRW
10,000 USD	13,440,191.47 KRW

South Korean Won → United States Dollar (KRW / USD)

Wholesale Benchmark

South Korean Won (KRW)	United States Dollar (USD)
1 KRW	0.00 USD
5 KRW	0.00 USD
10 KRW	0.01 USD
25 KRW	0.02 USD
50 KRW	0.04 USD
100 KRW	0.07 USD
200 KRW	0.15 USD
250 KRW	0.19 USD
500 KRW	0.37 USD
1,000 KRW	0.74 USD
2,500 KRW	1.86 USD
5,000 KRW	3.72 USD
10,000 KRW	7.44 USD

Provider / Channel	USD/KRW Effective Exchange Rate	Estimated Fee	Estimated Received (KRW)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	1344.0191 KRW	0.00%	6,720,095.73 KRW	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	1,296.9785 KRW	~3.50%	6,484,892.38 KRW	-235,203.35 KRW
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	1,209.6172 KRW	~10.00%	6,048,086.16 KRW	-672,009.57 KRW

1 USD to KRW: United States Dollar to South Korean Won Exchange Guide

Searches for 1 USD to KRW or convert USD to KRW describe the amount of South Korean Won received per 1 United States Dollar. At today's wholesale baseline of 1 USD = 1344.0191 KRW (inverse: 1 KRW = 0.0007 USD), understanding retail bank margins helps protect your funds:

🌏 International Transfers & Travel (United States ↔ 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 Federal Reserve System (Fed) and Bank of Korea (BoK) shape the medium-to-long term valuation of USD/KRW.

USD and KRW Currency Profiles

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

How the USD to KRW Exchange Rate Works

Foreign exchange transactions between United States (USD) 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 USD 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 Federal Reserve System (Fed) 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 United States 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: United States Dollar to South Korean Won Conversion

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

How much is 1,000 USD in KRW today?

At the current mid-market exchange rate (1 USD = 1344.0191 KRW), 1,000 United States Dollar equals approximately 1,344,019.15 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 United States 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 USD?

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 (Federal Reserve System (Fed)) 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.