Convert Korean Won to US Dollar
Convert Korean won to US dollars in real time to size up overseas payments, tuition, travel, and remittances.
🔒 Unit conversions are computed in your browser (exchange rates via public API only).
What moves the won-dollar rate
The KRW/USD rate is usually written as 'how many won equals one dollar,' and it has hovered around 1,300 won in recent years. That figure shifts with the interest-rate gap between the US Federal Reserve and the Bank of Korea, the dollar's overall strength worldwide, Korea's export health in chips and cars, and foreign investors buying or selling on the KOSPI. Because the won behaves like a risk asset, it tends to weaken when global markets turn nervous, so the same $100 costs a different number of won depending on the day you pay.
For overseas shopping, travel, and remittance
Check what an Amazon US order will cost in won, roughly how much tuition or a US trip adds up to, or how many dollars a wire transfer home will deliver. Unlike the Japanese yen, which Korean banks quote 'per 100 yen,' the won and dollar are quoted one-to-one: one dollar to so many won. Enter won instead and you get the dollar figure, which is handy for gauging what the million won sitting in your account is actually worth in USD.
Mid-market vs. the rate your card gives you
This tool uses the mid-market base rate published by the Export-Import Bank of Korea. A mid-market rate sits exactly between the buy and sell prices, so it excludes any spread or fee and always looks friendlier than what a bank, card, or exchange booth charges. If the mid-market rate is 1,300 won to the dollar, $100 is 130,000 won, but your card adds roughly 1% on top. Going the other way, 1,300,000 won is about $1,000. Treat this as a baseline and expect the real bill to run a little higher.
Frequently asked questions
Is this the rate I'll actually get at the bank?
No. This is a mid-market rate with no spread or fee added. Banks, exchange booths, and card networks build in their own margin, so you'll pay slightly more when buying dollars and receive slightly less when selling them. Use it as a ballpark reference.
How often does the rate update?
The Export-Import Bank of Korea publishes its base rate every business day, around 11 a.m. Korea time. On weekends and holidays the last business-day value stays in place, so it can differ a little from the live market during those periods.
How much is $100 in Korean won?
It depends on the rate. At 1,300 won per dollar, $100 is 130,000 won; at 1,350 it's 135,000 won. For the exact amount, enter 100 in the converter above to apply that day's mid-market rate.