1 CAD to KRW - Convert Canadian Dollar to South Korean Won

Looking at the 30-day window, the CAD/KRW pair traded in a range of 1,058.1530 to 1,134.5617. The monthly average was 1,094.7974 with 1.89% volatility. The relatively low volatility indicates stable trading conditions for the CAD/KRW currency pair.

The current mid-market exchange rate is 1 CAD = 1,102.4277 KRW, updated as of June 4, 2026, 1:05 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.

Canadian Dollar to South Korean Won Exchange Rate

CAD/KRW connects Canada with South Korea through the CPTPP trade agreement, Hyundai and Kia's growing Canadian market share, and the 240,000-strong Korean-Canadian community concentrated in Toronto and Vancouver. Both countries are US allies and CPTPP members with complementary economic profiles: Canada exports resources while Korea exports manufactured technology.

From Kimchi to Canola

Canada and South Korea's economic relationship has deepened through the CPTPP, which reduced tariffs on Canadian beef, pork, canola, and agricultural products entering Korea while improving access for Korean electronics, vehicles, and manufactured goods in Canada. Hyundai and Kia have become two of Canada's fastest-growing automotive brands, with their EV lineup (Ioniq 5, EV6) particularly popular in environmentally conscious Canadian cities. Samsung and LG dominate Canada's electronics and appliance markets. Korean beauty products have built a following among Canadian consumers through Shoppers Drug Mart and specialty retailers. The Korean-Canadian community, numbering over 240,000, is concentrated in Toronto's North York and Finch corridor and Vancouver's Coquitlam suburb. Korean restaurants, supermarkets, karaoke bars, and churches serve these communities while also attracting non-Korean Canadians to Korean cuisine and culture. Korean students at University of Toronto, UBC, and other top universities add seasonal conversion demand. K-pop concerts at Toronto's Scotiabank Arena and Vancouver's Rogers Arena sell out quickly, reflecting the cultural penetration that supplements the commercial trade corridor. For Korean-Canadians sending money to family or maintaining Korean investments, CAD/KRW is checked regularly alongside Canadian news and Korean drama schedules.

What Drives the CAD/KRW Rate

Bank of Canada and Bank of Korea interest rate decisions, oil prices (CAD), semiconductor exports (KRW), CPTPP trade volumes, Chinese economic data (both countries' largest Asian trading partner), and tech sector sentiment are the main drivers.

What a Conversion Really Costs

Banks charge 2-3.5%. Korean banks in Toronto (Shinhan, KEB Hana) offer competitive rates for the Korean community. In Seoul, Myeongdong counters handle CAD at reasonable rates. Online services charge 0.5-2%. Direct CAD/KRW conversion avoids USD routing costs when available from providers with Korean market access.

How to Get the Best CAD to KRW Rate

Korean bank branches in Toronto and Vancouver offer the best local rates. In Seoul, Myeongdong counters. Compare the mid-market rate on this page. Look for direct CAD/KRW to avoid USD routing. Online services serve the Korean-Canadian community with competitive pricing. The CPTPP framework is still expanding coverage, meaning CAD/KRW trade volumes and conversion competition will continue improving as more sectors benefit from reduced tariffs.