1 KRW to EUR - Convert South Korean Won to Euro

Looking at the 30-day window, the KRW/EUR pair traded in a range of 0.000500 to 0.000600. The monthly average was 0.000596 with 3.07% volatility. This downward movement of 5% suggests significant momentum in the KRW/EUR exchange rate.

The current mid-market exchange rate is 1 KRW = 0.000563 EUR, updated as of June 4, 2026, 2:36 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.

South Korean Won to Euro Exchange Rate

KRW/EUR shows how many euros one Korean won can buy. For Samsung, Hyundai, Kia, and LG selling billions of euros worth of products across the Eurozone, and Korean K-pop and K-beauty brands building their European fanbase, this rate determines the won value of European revenue that fuels Korea's export-driven economy.

Samsung's European Empire

Samsung is Europe's best-selling smartphone brand and a dominant force in televisions, semiconductors, and home appliances across the Eurozone. Every Galaxy phone sold in Paris, every QLED TV in a Berlin apartment, and every semiconductor chip in a European car generates euro revenue that Samsung converts to won for Korean operations, R&D investment, and shareholder returns. Hyundai and Kia have become two of Europe's fastest-growing automakers, with their EV lineup (Ioniq 5, EV6, EV9) winning European Car of the Year awards and capturing market share from established German brands. LG Electronics dominates the European washing machine and OLED TV market. These Korean corporate giants generate billions in annual European revenue, making KRW/EUR a critical rate for Korean corporate treasury operations. The EU-Korea FTA, in force since 2011, eliminated most tariffs on bilateral trade, which now exceeds 100 billion euros annually. K-beauty brands like Laneige, COSRX, and Innisfree have filled European pharmacy shelves. K-pop groups perform to sold-out European arenas. This commercial and cultural penetration means KRW/EUR affects a broader swathe of Korean industry than almost any other non-dollar exchange rate.

What Drives the KRW/EUR Rate

Bank of Korea and ECB interest rate decisions, semiconductor export volumes, European automotive sales data, EU-Korea FTA trade flows, Chinese economic conditions (Korea's largest trading partner), and global tech sector sentiment are the main drivers. Won weakness during chip industry downturns can move KRW/EUR independently of European factors.

What a Conversion Really Costs

Korean banks charge 1-2.5% for euro conversion. In Europe, Korean won is less commonly exchanged so spreads are wider at 2-4%. Online services charge 0.5-2%. For Korean corporate treasury, interbank rates apply on large volumes. In Seoul, Myeongdong exchange counters handle euros competitively. Korean banks in European cities (Shinhan, KEB Hana) serve the Korean business community.

How to Get the Best KRW to EUR Rate

In Korea, Myeongdong counters beat banks for cash. For business payments, direct KRW/EUR conversion avoids USD routing. Compare the mid-market rate on this page. Korean bank branches in major European cities offer competitive rates for Korean nationals and businesses.