Live Exchange Rates

About the FXKRW Live Exchange Rate Table

The FXKRW exchange rate table provides real-time rates for over 100 currencies against the South Korean Won (KRW). Our rates are sourced from the European Central Bank (ECB) and major financial data providers, updated automatically every 60 seconds to ensure you always have the most current information. This tool is designed for travelers, expats, students abroad, and anyone who needs quick and accurate currency conversion.

How to Read the Exchange Rate Table

Each row in the table displays a currency code (e.g., USD, EUR, JPY), the currency name, the rate per unit in KRW (how many Won you get for 1 unit of that currency), the inverse rate (how much of that currency you get for 1 Won), and the daily percentage change. Green arrows indicate the currency has strengthened against KRW (more expensive to buy), while red arrows show weakening (cheaper to buy). The quick calculator column lets you instantly convert any amount.

Understanding Buy and Sell Rates

The rates displayed here represent mid-market rates, which are the midpoint between buy (bid) and sell (ask) prices on the international forex market. When you actually exchange currency at a bank or money changer, you will receive a rate that includes their margin (spread). Banks typically charge 1-3% spread, while specialized money changers may offer tighter spreads of 0.5-1.5%. Online banking and mobile apps often provide preferential rates with reduced spreads.

Tips for Getting the Best Exchange Rate

• Compare before you exchange: Always check rates at multiple banks and money changers before making a transaction.
• Use online banking: Korean banks offer preferential rates (up to 90% fee discount) through internet and mobile banking.
• Avoid airport exchanges: Airport money changers typically offer the worst rates due to high overhead costs.
• Set rate alerts: Use FXKRW's rate alert feature to be notified when your target rate is reached.
• Consider timing: The Seoul forex market (9 AM to 3:30 PM KST) is when rates are most actively traded.

Data Sources and Disclaimer

Exchange rates on this page are sourced from the European Central Bank (ECB) and other reputable financial data providers. Rates are updated every minute during market hours. These rates are provided for informational purposes only and should not be used as the sole basis for financial decisions. Actual exchange rates at banks and money changers may differ due to their own margins, fees, and the time of transaction. Always confirm the applicable rate with your financial institution before making a transaction.