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How it works
- Uses the mid-market rate, updated once a day.
- Banks in Korea usually add about a 1.75% spread for cash exchange; remittance apps vary.
- Your amount is never sent anywhere โ only the rate table is downloaded.
FAQ
How much is 1 US dollar in Korean won?
Use the converter above โ it shows the latest daily market rate for USD โ KRW and the reverse.
Why is the bank rate different?
Banks and money transfer services add a spread or fee to the market rate.
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