1 IRR to KRW - Convert Iranian Rial to South Korean Won

Looking at the 30-day window, the IRR/KRW pair traded in a range of 0.015000 to 0.016000. The monthly average was 0.015435 with 1.45% volatility. The relatively low volatility indicates stable trading conditions for the IRR/KRW currency pair.

The current mid-market exchange rate is 1 IRR = 0.001125 KRW, updated as of July 3, 2026, 9:25 AM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Iranian Rial to South Korean Won Exchange Rate

The IRR/KRW exchange rate tells you how many South Korean Won (KRW) you receive for every Iranian Rial (IRR). At the current mid-market rate of 1 IRR = 0.001125 KRW, this pair reflects live supply and demand conditions on the global foreign exchange market. The rate updates every 15 minutes on this page, giving you the most current data available.

What Affects the IRR to KRW Rate

Exchange rates between Iranian Rial and South Korean Won are influenced by central bank interest rate decisions, inflation differentials, trade balances, and broader economic data releases from both countries. Political stability, commodity prices, and global risk sentiment can also cause significant moves. Monitoring these factors helps explain why the IRR/KRW rate fluctuates throughout trading sessions and over longer time periods.

Sending Money from IRR to KRW

International money transfers from Iranian Rial to South Korean Won can be made through banks, online transfer services, or specialist forex brokers. Transfer times range from instant to several business days depending on the corridor and provider. Online services like Wise, Revolut, and OFX typically offer better rates and lower fees than traditional bank wire transfers, though availability varies by country and currency pair.

Iranian Rial Overview

The Iranian Rial (IRR) is the official currency of Iran. International sanctions have severely limited the rial's convertibility and created multiple exchange rates. Understanding the fundamentals behind IRR helps contextualize its exchange rate movements against KRW and other currencies.

South Korean Won Overview

The South Korean Won (KRW) is the official currency of South Korea. Driven by a technology-heavy export economy, the Won is influenced by global semiconductor demand and trade with China. The KRW exchange rate against IRR reflects relative economic conditions between the two currency areas.

Reverse Rate: KRW to IRR

The reverse exchange rate is 1 KRW = 888.89 IRR. This is useful if you are starting with South Korean Won and want to know how much Iranian Rial you will receive. Both the forward and reverse rates update simultaneously every 15 minutes on this page. You can also visit our dedicated KRW to IRR converter for the reverse direction.