USD to KRW Exchange Rate - Convert US Dollar to South Korean Won

Converting from US Dollar (USD) to South Korean Won (KRW)

What is US Dollar (USD)

The US Dollar (USD) is the official currency of the United States and is widely recognized around the world. It is represented by the symbol "$" and is often referred to as the "greenback" due to its color. The US Dollar is one of the most powerful and stable currencies globally, serving as the primary reserve currency for many countries. This means that many nations hold USD in their reserves to stabilize their own currencies and promote trade.

The US Dollar is also used internationally in transactions, making it a common currency for trading goods and services. In different countries, prices are often quoted in USD, reflecting its importance in global finance. Conversion rates between the USD and other currencies fluctuate based on market conditions, supply and demand, economic stability, and interest rates.

What is South Korean Won (KRW)

The South Korean Won (KRW) is the official currency of South Korea, symbolized as "₩." It has been in use since 1945 and has undergone several transformations over the years. The Won is subdivided into 100 jeon, although the jeon is rarely used in everyday transactions. Instead, prices in South Korea are typically expressed in whole won.

The South Korean economy is characterized by rapid growth and industrialization, making the Won an important currency in East Asia. Factors such as trade volumes, inflation, and government policies significantly influence the value of the KRW. Currency conversion from USD to KRW typically involves exchange rates, which can vary on any given day based on economic conditions and trader sentiment.

To convert USD to KRW, you can use the following formula:

Amount in KRW = Amount in USD × Exchange Rate (USD to KRW)

For example, if the exchange rate is 1 USD = 1,200 KRW, and you have 100 USD, the calculation would be:

Amount in KRW = 100 USD × 1,200 = 120,000 KRW

Converting currencies can be done through banks, currency exchange services, and online platforms that provide the latest exchange rates. It is essential to check the current rates before making any conversions, as they can fluctuate frequently. Additionally, be aware that service fees may apply when exchanging currencies.

Understanding the relationship between the US Dollar and South Korean Won is vital for anyone looking to conduct business, travel, or invest in South Korea. By familiarizing yourself with these currencies and the conversion process, you can make informed financial decisions.

US Dollar to South Korean Won conversion table

USD to KRW conversion table

US Dollar (USD)South Korean Won (KRW)
1 USD1 454.0038131554 KRW
2 USD2 908.0076263108 KRW
3 USD4 362.0114394662 KRW
4 USD5 816.0152526216 KRW
5 USD7 270.019065777 KRW
6 USD8 724.0228789324 KRW
7 USD10 178.0266920878 KRW
8 USD11 632.0305052432 KRW
9 USD13 086.0343183986 KRW
10 USD14 540.038131554 KRW
100 USD145 400.38131554 KRW
200 USD290 800.76263108 KRW
300 USD436 201.14394662 KRW
400 USD581 601.52526216 KRW
500 USD727 001.9065777 KRW
600 USD872 402.28789324 KRW
700 USD1 017 802.66920878 KRW
800 USD1 163 203.05052432 KRW
900 USD1 308 603.43183986 KRW
1 000 USD1 454 003.8131554 KRW
2 000 USD2 908 007.6263108 KRW
5 000 USD7 270 019.065777 KRW
10 000 USD14 540 038.131554 KRW
20 000 USD29 080 076.263108 KRW
50 000 USD72 700 190.65777 KRW
100 000 USD145 400 381.31554 KRW
Last updated March 14, 2025 at 05:55 AM