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Converting US dollars to Korean Won (KRW) online is a straightforward process that can be completed in a matter of minutes.
You can use online currency conversion tools or websites to exchange your US dollars for KRW. These tools provide up-to-date exchange rates and allow you to convert your currency easily.
To get the best exchange rate, it's essential to compare rates from different websites and choose the one that offers the most favorable rate.
Conversion Tools
OANDA's Currency Converter is a powerful tool that allows you to check the latest foreign exchange average bid/ask rates and convert all major world currencies.
To convert US dollars to South Korean won, you can simply type in the box how much you want to convert, select USD in the first dropdown as the currency you want to convert, and KRW in the second dropdown as the currency you want to convert to. Our currency converter will show you the current USD to KRW rate and how it's changed over the past day, week or month.
You can also use the Market Exchange Rates Table to view the ask price, which is the price that a seller is willing to accept for a unit of currency.
Using Our Converter with Live Rates
OANDA's Currency Converter is a powerful tool that allows you to check the latest foreign exchange average bid/ask rates and convert all major world currencies.
The converter uses OANDA Rates, which are foreign exchange rates compiled from leading market data contributors.
To use the converter, simply type in the box how much you want to convert, select the currency you want to convert from and to, and our currency converter will show you the current rate and how it's changed over the past day, week, or month.
You can also access currency exchange rates dating back to January 1990, making it a valuable resource for anyone looking to track historical exchange rates.
Here are some examples of how to convert different currencies using our converter:
Note: These rates are subject to change and may not reflect the current exchange rate.
Our converter also includes a handy conversion table that shows you the current exchange rate for various currencies.
You can also invert the currencies to convert from one currency to another, such as converting KRW to USD.
Remember, our converter uses live rates, so you can get the most up-to-date exchange rates possible.
Our converter is free to use and is a great resource for anyone looking to convert currencies quickly and easily.
USD to KRW Conversion History
The exchange rate between the US dollar and the South Korean won has fluctuated significantly over the past few weeks.
On January 1st, 2025, 1 USD was equivalent to 1475.8424 KRW, while on January 4th, the rate had dropped to 1466.8692 KRW.
Here are some key exchange rates from the past few weeks:
The exchange rate has been steadily decreasing since December 25th, 2024, when 1 USD was equivalent to 1458.8036 KRW.
Conversion Rates
The latest currency exchange rate for converting US dollars to South Korean won is 1 USD = 1466.87 KRW, as of 05/01/2025 07:21.
To get the best exchange rate, it's essential to check the current rates regularly. OANDA's Currency Converter is a reliable tool for checking the latest foreign exchange average bid/ask rates and converting all major world currencies.
The exchange rate can fluctuate rapidly, with exchange rates changing every second. In the past 30 days, the 30-day high for USD to KRW was 1,476.1500, while the 30-day low was 1,428.5900.
To convert US dollars to South Korean won, simply type in the amount you want to convert, select USD as the currency to convert from, and KRW as the currency to convert to. Our currency converter will show you the current rate and how it's changed over the past day, week, or month.
Here's a summary of the top currency pairings for the US dollar, including USD to KRW:
- USD to KRW
- USD to INR
- USD to JPY
- USD to CAD
- USD to EUR
- USD to GBP
- USD to CNY
- USD to MXN
Conversion Process
To convert US dollars to South Korean wons, you simply need to type in the amount you want to convert. This is the first step in the process.
You'll then need to select USD in the first dropdown as the currency you want to convert from and KRW in the second dropdown as the currency you want to convert to. This is a straightforward process that can be completed in just a few clicks.
Our currency converter will show you the current USD to KRW rate and how it's changed over the past day, week or month.
How to Convert
Converting currencies is a breeze with OANDA's Currency Converter. You can check the latest foreign exchange average bid/ask rates and convert all major world currencies with their rates.
To convert currencies, you'll need to type in the amount you want to convert and select the currencies you want to exchange. Simply type in the box how much you want to convert.
Select the currencies using the dropdowns. Click on the dropdown to select USD in the first dropdown as the currency that you want to convert and KRW in the second drop down as the currency you want to convert to.
OANDA's Currency Converter will show you the current USD to KRW rate and how it's changed over the past day, week or month. This gives you a clear picture of the current market trends.
Factors That Influence
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Differences in inflation rates can significantly impact exchange rates, with currencies from economies with low inflation rates typically rising in value.
The interest rates of an economy can also affect its exchange rate, as higher interest rates can attract foreign investors and drive up the value of a currency.
A trade deficit can lead to a depreciation of a currency, as an economy is spending more than it is earning through foreign trade.
Politics play a crucial role in shaping exchange rates, with stable economies being more attractive to foreign investors and resulting in a stronger currency.
Economic performance is another key factor, with strong economies often experiencing an influx of capital and a subsequent increase in the buying power of their currency.
Here are some of the key factors that influence exchange rates:
- Differences in inflation rates
- Differences in interest rates
- Trade deficits
- Politics
- Economic performance
Frequently Asked Questions
Is USD strong in Korea?
The US dollar has a relatively stable value in South Korea, with a 1.241% increase over the past week. However, its current exchange rate of 1,470.790 KRW per USD indicates a slight depreciation of -0.174% since yesterday.
Is the American dollar strong in Korea?
The American dollar has a relatively stable value in Korea, with a 1.970% increase over the past week. However, the exchange rate of 1,473.360 KRW per USD suggests that the dollar's purchasing power in Korea is currently unchanged from yesterday.
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