East Asia · South Korea

USD to KRWSouth Korean Won converter

The Korean Won drives one of Asia's tech and export powerhouses — semiconductors, autos and entertainment exports.

Updated 1 USD = … KRW
Mid-market · South Korean Won
PayPal
4.99% + $0.49 · 3.5% fx
Wise
0.65% avg · no fx markup
Payoneer
1.2% withdrawal · 2% fx
Figures are reference estimates based on public fee schedules. Your actual rate depends on account tier, corridor and the live forex feed at the moment of the transfer.

South Korean Won basics

  • • ISO 4217 code: KRW
  • • Symbol:
  • • Flag: 🇰🇷
  • • Minor unit: 0 decimals
  • • Region: asia

Best for USD → KRW

Wise (mid-market)

Wise typically delivers the highest amount of KRW for a given USD input, because it charges a transparent, percentage-based fee on top of the real interbank rate. For marketplace sellers, Payoneer remains very convenient despite a slightly higher all-in cost; for consumer checkout PayPal offers the deepest brand recognition.

FAQ · USD to KRW

What is the mid-market rate for 1 USD to KRW?+

PayoutHub pulls live rates from open.er-api.com and refreshes every hour. Enter an amount above to convert at the current mid-market South Korean Won rate.

Does PayPal add a markup on top of KRW?+

PayPal typically charges 2.5–4% on top of their base KRW rate. Wise charges a smaller, transparent fee and uses the real mid-market rate. Use our comparison to see the exact difference on a specific amount.

How much does Wise cost to send ₩1,000?+

Wise's fee varies by corridor but is generally 0.41–0.65% for major routes. Use our Wise Fee Calculator for a precise quote.

Which provider is cheapest for KRW payouts?+

For most amounts, Wise is cheapest. For smaller personal sums (under ₩200), PayPal is still convenient but more expensive. For marketplace sellers, Payoneer is frequently the most integrated option.