USD to KRW Currency Converter: Korean Won Exchange Rate

LOCAL KOREA TRAVEL TOOL

USD to KRW Currency Converter

Korean Won Exchange Rate for Travelers
A practical currency tool made in Korea for international travelers.

Use this Korea currency converter as a simple USD to won converter, or select another supported currency before your trip.

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🇰🇷 South Korea KRW — Korean Won 100 USD equals

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RATE BASICS

Table of Contents

Understanding the USD to KRW Exchange Rate

The USD to KRW exchange rate shows how many Korean won one US dollar is worth. Treat it as a starting point — banks, card networks, ATMs and exchange counters each apply their own rate on top of it.

Check the calculator before exchanging cash or paying by card, then compare it against the final won amount the provider actually offers you.

LOCAL GUIDE

How to Exchange Money in Korea

For most first-time visitors, exchanging a small amount at Incheon Airport is the easiest way to start the trip. You can compare other options once you’re in Seoul.

Check the reference rate

Use the calculator above so you know the approximate value before fees.

Compare the final KRW amount

Ask how many won you’ll actually receive — the posted rate and the final payout aren’t always the same number.

Exchange only what you need

Keep some won for transport, markets and small purchases, then use cards where practical.

Cash, Card or WOWPASS?

Option	Best for	Check before using
Cash	Markets, small shops and backup money	Exchange rate and counter fees
Credit or debit card	Hotels, restaurants and most larger stores	Foreign transaction fees and whether payment is charged in KRW
WOWPASS	Travelers who want a prepaid Korea card and supported travel services	Current exchange rate, loading method, withdrawal rules and fees

Local tip: If a card terminal or ATM offers to charge you in your home currency, think twice — choosing KRW instead usually sidesteps an extra markup the terminal provider adds on top.

Where to Exchange Money

✈

Incheon Airport

Most convenient. A practical choice for your first cash after arrival. Check the reference rate first, then compare the final amount before exchanging a large sum.

🏦

Bank Branches

Reliable option. Hours, supported currencies and ID requirements vary by branch — bring your passport and check ahead.

₩

Myeongdong

Useful for comparison. Several exchange counters cluster in the area. Compare posted rates and count your cash before leaving the counter.

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Find Currency Exchange Counters in Myeongdong

Open the live map to check current locations, opening status, directions and recent reviews.

Open Google Maps

Compare how much KRW you receive — not just the large rate posted outside.
Ask whether a commission applies before handing over cash.
Count the money at the counter and keep the receipt.
Check recent reviews and current opening hours before walking to a specific shop.

Korea ATM Fees for Foreign Cards

ATM withdrawals can stack up more than one cost: a Korean ATM operator fee, a fee from your home bank, and a currency-conversion cost on top of both. The total depends on your card and the machine you use.

Look for an ATM that clearly supports international or global cards.
Read every fee shown on the screen before confirming the withdrawal.
When given a currency choice, pick KRW over home-currency conversion.
Make one planned withdrawal instead of several small ones if fees are charged per transaction.
Carry a second payment method in case one card gets declined.

Frequently Asked Questions

Is the airport the easiest place to exchange money?

Yes — it’s usually the most convenient option right after arrival. Convenient doesn’t mean cheapest, so exchange a practical starting amount and compare rates elsewhere if you need more cash later.

Should I bring cash or use a card in Korea?

Carry only as much cash as you actually need. Cards are widely accepted, but won still comes in handy for markets, small purchases and emergencies.

Is the calculator rate the amount I will actually receive?

No. It’s a reference rate before your exchange provider, bank, card company or ATM applies its own rate and fees on top.

How is the USD to Korean won rate calculated?

The calculator pulls the latest available reference rate and multiplies it by the amount you enter. It doesn’t factor in the separate rates or fees that banks, cards, ATMs or exchange counters add.

Should I choose KRW or my home currency at an ATM?

Read the screen carefully. A home-currency option may use dynamic currency conversion, which can result in a less favorable rate. Choosing KRW instead lets your card network or bank handle the conversion under your card’s own terms.

What do I need for a tax refund?

Eligibility depends on the purchase and the store. Keep your passport and receipts, follow the store’s instructions, and build in extra time for the airport refund process.

Can I use WOWPASS instead of cash?

It works well as a prepaid option, but check the current rate, fees and supported services first — and keep a backup payment method regardless.

Information checked against official resources: Incheon Airport facilities and WOWPASS. Services, hours, rates and fees can change.