USD to KRW Exchange Rate - Find Best price today

Highest remittance rate for converting 1 USD to KRW = 1096.23

Sending Money to South Korea from USA

Explore & compare 1 money transfer services to send money from USA to South Korea. Compare exchange rate and fees for US Dollar to Korea South Won. Choose the best remittance service for your fund transfer from USA to South Korea for US Dollar to Korea South Won to send money online or to send cash. Save time & money on international money transfer with best deals and discount offers. Send money overseas conveniently with ExchangeRateIQ .

Many people are stuck between options when it comes to sending money from USA to South Korea because of the many available and confusing options. Thanks to Exchange Rate IQ however, you can quickly select a suitable money transfer service and learn how services like XE Money can make life easier for you.

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Country Guide - South Korea

1128.45

Mid Market Rate

SEND NOW

1128.45

Mid Market Rate

SEND NOW

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Pay-In
Pay-Out
You Pay (Includes Fee $ 7.24) $ 500
Receiving Amount
₩ 556050.0944
Realized Exchange Rate
1096.23
transferwise USD to KRW Exchange Rate
1128.44
Best Value

SEND NOW

Transfer Time : 3-5 Days
Transferwise is a one of the safest & leading money transfer service provider for sending money from USA to South Korea for sending amount 500. Today’s Transferwise exchange rate for sending money from USD to KRW is 1128.44 with a $ 7.24 fee. Based on the Exchange Rate IQ calculations it offers the Best Value for your money transfer. The realized exchange rate after considering the fees is 1096.23. The pay in options available are Bank, Creditcard, Debitcard, also you can receive money using Bank, at multiple Transferwise partner locations. The transfer time usually range between 3-5 Days. For more detailed review of Transferwise click here

More Available Options

You can check rates of some more providers that may support your country
Travelex is a money remittance company which is specially known for providing effective services to travelers across the world. People can transfer money online, use its money card and get currency exchanged at its stores. 
Western Union is an American financial services company which offer money remittance to more than 200 countries across the globe.

USD to KRW - Best Money Transfer Service Review Summary

  • Which is the best option available to send money from USA to South Korea after comparison?
  • With our real-time comparison on sending money from USA to South Korea ,
      we have found Transferwise remittance services who are providing competitive exchange rates.
  • Top 1 companies are - ( Transferwise, 1096.23 ) .
  • To remit money in the bank account of South Korea, best companies is ( Transferwise, 1096.23 ).
  • Current money transfer offeres/promotions are available with money transfer services.
  • For quick money transfer from USA to South Korea with agent service is Transferwise with exchange rate 1096.23.
  • Available pay in when sending money from USA to South Korea Bank, Creditcard, Debitcard.
  • Available pay out when sending money from USA to South Korea Bank.
  • Other options to transfer money from USA to South Korea are Travelex, Westernunion .
  • The comparison result was last updated on Oct 25, 2020.
  • For the latest comparison result of USA to South Korea, Please visit ExchangeRate IQ regularly.

Whether it is your first time sending money overseas or if you have been an adept user of international money transfer services, you will need to read this. You will not only learn new ways through which you can make your transfers but also better, faster, safer and more efficient means. When it comes to money, the best deal is what everyone wants and this is the precise information we are offering here at Exchange Rate IQ.

About USD and KPW

Many US migrants are living in South Korea and thus require constant remittance of money from their families and friends in the US. Also, numerous businesses and trade deals take place between US and South Korea and this requires frequent remittance of money between these states, either to pay employees or to purchase goods. In the year 2017, 2.8 billion US Dollars were transferred to South Korea as stated by the World Bank. It will therefore prove important that you know which service providers make this happen if you wish to take part in the trade.

The best way to send money from US to South Korea

The already mentioned grounds are just but a few of the very many reasons you would wish to transfer money from the US to South Korea. However, the main aim of doing your research is in finding out:

  • If there are better options than the ones you are currently using
  • If there are faster and cheaper options
  • New options in the foreign exchange market
  • The exchange rates offered by different service providers.

According to authentic research from our well-endowed team, we have found out that the best service providers are:

TransferWise: it is the number one company to use when sending your money from US to South Korea. It offers very affordable rates and fees as well as a simple to use platform through which you can send your money. With its high daily transfer limits of $50,000, you can adjust your transfer plan accordingly and get to enjoy the best rates offered by TransferWise.

The other two options available for this type of transfer are direct cash service providers that are similar namely Travelex and Western Union. They operate on a direct cash delivery basis as they have different pick-up points that are well distributed all over the world, including South Korea. They both offer instant cash delivery or may take longer if you choose home deliveries. Bottom line is, they are very secure and therefore internationally trusted by most people. It is safe to say that Travelex and Western Union are a good choice when sending your money from US to South Korea.

4 things to consider before sending money to South Korea from US

Some of the questions to ask yourself when making your remittance from US to South Korea include:

  1. Do they offer affordable exchange rates? Is the USD-KPW exchange rate that I am being offered low?
  2. How simple are they to use? Do I require much assistance or can I easily maneuver through their platforms without needing an intermediary?
  3. How much do they charge for their transfer? Does the payment I make much up to their speeds of remittance? And how can I send my money fast during emergencies to South Korea?
  4. How safe and secure is the transfer option that you have chosen? What happens in case I send my money to the wrong address? Do they have a refund policy that they adhere to?

FAQ's

How can I make sure that my transfer is safe?

Choose a service provider that is internationally trusted by most people and has a record of making successful transfers. Also, check to see if they have a limit contract and a refund policy as both help in protecting your money. Most money transfer companies will allow you to track your money and you need to look out for this feature to avoid losing money.

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What is the cheapest way of sending your money from US to South Korea?

The cheapest way tosend your money to South Korea from the US is through online money transfer companies and in this case, TransferWise. Not only is it cheap but also fast hence you can make timely transfers. It is also convenient for this type of transfer and therefore you do not have to go through much hustle to get your money sent.

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How long does it take to send money from US to South Korea?

If you are looking for the fastest way to send money from US to South Korea then you should be know that it will cost you extra for the speedy delivery. There are also some cheaper options and some transfer companies will complete your transfer without charging you anything. However, such transactions can take more time. To answer how long it takes to send money to South Korea, it depend on the transfer company you chose to work with.

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Historical Mid Market Exchange Rate From US Dollar (USD) to Korea South Won (KRW) (Weekly)

Current Exchange Rate(Mid Market) :- 1128.45 KRW/USD

Mid-market Rate is a currency exchange rate. Usually traders in currency exchange market have two exchange rates -
  • Selling exchange rate - at which sellers are willing to sell a particular currency and
  • Buying exchange rate - at which buyers are willing to buy a particular currency.
Mid-market rate is the mid-point of these two rates. This is the most transparent and the most accurate exchange rate. It is also known as “Interbank Rate” or “Spot Rate” or “Real Exchange Rate”. This is the rate which independent sources like Reuter, Google etc show.

Compare Currency Conversion USD To KRW

Send US Dollar To SOUTH-KOREA Receive Korea South Won
1 USD TO KRW 1128.45
50 USD TO KRW 56422.5
100 USD TO KRW 112845
250 USD TO KRW 282112.5
500 USD TO KRW 564225
1000 USD TO KRW 1128450
5000 USD TO KRW 5642250
10000 USD TO KRW 11284500
Send Korea South Won Receive US Dollar From SOUTH-KOREA
1 KRW FROM USD --
50 KRW FROM USD --
100 KRW FROM USD --
250 KRW FROM USD --
500 KRW FROM USD --
1000 KRW FROM USD --
5000 KRW FROM USD --
10000 KRW FROM USD --

Click To Compare Money Transfer Services For The Following

Best Money Transfer Rate USD to KRW

Company Name Live Exchange Rate
XE Money Transfer ₩ 1128.45
Transferwise ₩ 1128.44
USD

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