Convert South Korean Won to US Dollar
KRW to USD Exchange Rate Calculator
1 South Korean Won (KRW) = 0.0007 US Dollar (USD) at the live mid-market rate. That means $100 KRW converts to roughly 0.07 USD, and $1,000 KRW converts to about 0.66 USD. The KRW/USD rate refreshes every hour from Frankfurter, which sources data from the European Central Bank reference set. Enter any amount below to convert instantly — free, no sign-up.
90-day KRW/USD context
Over the past 90 days, KRW/USD has traded between 0.0007 and 0.0007. The current rate of 0.0007 sits roughly 0% through that range — near the lower end, meaning US Dollar has been stronger than typical against South Korean Won recently. Versus the rate 90 days ago, South Korean Won has weakened by 2.94% against US Dollar.
KRW/USD Price History
Interactive KRW/USD exchange rate chart with 7-day, 30-day, and 90-day views.
About South Korean Won (KRW)
The South Korean Won (KRW) is the official currency of South Korea, managed by the Bank of Korea. KRW reflects one of Asia's most export-oriented, technology-driven economies — semiconductor cycles (Samsung, SK Hynix) and global risk appetite are the dominant drivers.
- •South Korea is the world's 10th-largest economy by nominal GDP
- •Bank of Korea targets 2% CPI inflation
- •KRW is not deliverable offshore — trades mainly through NDF (non-deliverable forward) markets
- •Samsung and SK Hynix alone account for a large share of Korean exports
- •South Korea holds the world's ninth-largest FX reserves
About US Dollar (USD)
The United States Dollar (USD) is the world's primary reserve currency and the single most traded currency in global foreign exchange markets. Issued by the Federal Reserve System since 1913, it anchors the DXY (U.S. Dollar Index) and sits on one side of roughly 88% of all forex transactions.
- •Involved in ~88% of all daily forex turnover (BIS Triennial Survey)
- •Accounts for roughly 58% of allocated central bank reserves (IMF COFER)
- •Primary invoicing currency for global oil, metals, and most commodities
- •Dollar-denominated debt issued outside the US exceeds $13 trillion
- •The Federal Reserve sets the federal funds rate, which drives USD strength globally
Frequently Asked Questions
Why does USD/KRW move so sharply during equity selloffs?
KRW is one of the highest-beta Asian currencies to global risk appetite. South Korea's export-heavy, semiconductor-dominated economy is seen as a proxy for global industrial demand. When VIX spikes and equities sell off, KRW often falls 1–2% in a single session.
What are Korean NDFs?
KRW is not deliverable offshore — it cannot be freely transferred outside Korea. So global traders use USD/KRW non-deliverable forwards (NDFs), which settle in USD based on the Korean onshore spot fixing. NDF prices can diverge temporarily from onshore spot during stress.
How does the semiconductor cycle affect KRW?
Samsung and SK Hynix alone account for a major share of Korean exports. Weakness in memory-chip prices (DRAM, NAND) or disappointing Samsung earnings guidance routinely weakens KRW. The KOSPI and semiconductor stocks are useful KRW proxies.
When does the Bank of Korea meet?
The BoK Monetary Policy Committee meets eight times per year. Rate decisions are announced at 01:00 UTC. The Governor's press conference follows at 02:10 UTC. Watch for any hawkish/dovish deviation from consensus.
Does North Korea affect USD/KRW?
Geopolitical tensions (missile tests, summit headlines) produce short-lived KRW weakness, typically 30–60 pips. Sustained escalation would produce larger moves but historical patterns show markets discount most North Korea headlines quickly.
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Exchange rates refresh hourly · Sourced from institutional-grade data providers