Convert Australian Dollar to Korean Won
Convert Australian dollars (AUD) to Korean won (KRW) at the Korea Eximbank base rate, and set a realistic baseline for a working-holiday, study, or travel budget — and for Australian direct-shopping orders.
🔒 Unit conversions are computed in your browser (exchange rates via public API only).
What moves the Aussie dollar against the won
The Australian dollar is the currency of a big resource exporter — iron ore, coal, and LNG — so it's known as a commodity currency and reacts sharply to global growth and risk appetite. On top of that, Australia's largest export market is China, just as Korea's is, so Chinese demand and commodity prices tug on the Aussie dollar directly. The gap between the Reserve Bank of Australia's and the Bank of Korea's policy rates matters too. One quirk: in a risk-off mood both the Aussie and the won tend to weaken together, so AUD/KRW usually swings less than the Aussie does against the US dollar. Even so, the difference across time is real — a working-holiday or tuition budget you plan today may buy meaningfully more or fewer Australian dollars a few months from now.
How to read the number, with worked examples
The Aussie dollar is quoted per single unit — 1 AUD = so many won — so you simply multiply, with no divide-by-100 step like the one often used for Japanese yen. Say the rate is 1 AUD = 900 KRW for illustration. A casual job paying AUD 30 an hour works out to about 27,000 won an hour; a week's rent for a share-house room at AUD 250 is roughly 225,000 won; a flat white at a Sydney cafe for AUD 5 is about 4,500 won. Going the other way, a 1,000,000-won travel budget is around AUD 1,110. Type any amount into the converter above and it works it out in both directions instantly.
Live mid-market rate versus what you actually pay
This converter uses the Korea Eximbank base rate, published once per business day at around 11 a.m. Korea time — the midpoint that no one actually trades at. Banks, airport booths, and card networks add a spread and fees (card foreign-transaction fees are usually about 1-3%), so a real currency exchange or an Australian vitamin and supplement order (think Blackmores or Swisse) costs more won than shown here. For example, an AUD 150 order is about 135,000 won at mid-market, before a card FX fee, shipping, and any customs duty. No new rate is published on weekends or holidays, so you'll see the last business day's figure. Treat the number as a baseline and pad your budget by a few percent.
Frequently asked questions
Will I get exactly the rate shown on screen?
No. The figure here is the mid-market rate that banks use between themselves, so it excludes any spread or fee. A real bank exchange, an overseas card payment, or a remittance typically adds around 1-3% on top, so you'll pay a little more won than shown. Use this as a budgeting baseline and leave yourself a few percent of cushion. For larger amounts, compare each bank's or transfer provider's all-in cost rather than the headline rate.
Does the rate update on weekends and holidays?
Korea Eximbank publishes its base rate once per business day, at around 11 a.m. Korea time, so on weekends and holidays the previous business day's value stays in place, with the reference date shown on screen. If you need second-by-second trading quotes you'd want a dedicated market-data feed, but for everyday travel, direct-shopping, and budgeting calculations this is accurate enough.
Why does the Aussie dollar move around so much?
Australia exports iron ore, coal, and natural gas, so the Australian dollar tracks commodity prices, Chinese demand, the rate gap between the Reserve Bank of Australia and the Bank of Korea, and global risk sentiment. Because the Aussie and the won both tend to weaken in risk-off periods, AUD/KRW is often steadier than the Aussie against the US dollar — but commodity swings and shifts in China's outlook still make the rate clearly different from one period to the next.