1 KRW to PHP - Convert South Korean Won to Philippine Peso

Looking at the 30-day window, the KRW/PHP pair traded in a range of 0.042800 to 0.046400. The monthly average was 0.044618 with 1.71% volatility. The relatively low volatility indicates stable trading conditions for the KRW/PHP currency pair.

The current mid-market exchange rate is 1 KRW = 0.045207 PHP, updated as of August 29, 2026, 9:38 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 Philippine Peso Exchange Rate

The KRW/PHP exchange rate tells you how many Philippine Peso (PHP) you receive for every South Korean Won (KRW). At the current mid-market rate of 1 KRW = 0.045207 PHP, 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.

Understanding the KRW/PHP Conversion

Converting South Korean Won to Philippine Peso involves the mid-market rate, which represents the midpoint between what buyers are willing to pay and what sellers are asking. Banks and money transfer services typically add a markup of 1-4% above this rate. By checking the live mid-market rate on this page before making any conversion, you can evaluate how competitive any quoted rate truly is and avoid paying more than necessary for your currency exchange.

KRW/PHP for Travelers and Businesses

Whether you are traveling, sending money internationally, or managing business payments, the KRW to PHP rate directly affects your costs. Travelers should compare airport exchange counters, city center bureaux, and card-based options before converting. Businesses managing recurring cross-border payments benefit from setting up rate alerts and locking in favorable rates when they appear. The conversion table on this page helps you quickly reference common amounts.

Historical KRW/PHP Trends

The KRW/PHP exchange rate has fluctuated over time in response to economic cycles, policy changes, and global events. Reviewing historical charts helps identify whether the current rate is relatively favorable or unfavorable compared to recent averages. The 30-day, 90-day, and 1-year chart views on this page provide visual context for understanding where today's rate sits within the broader trend.

Philippine Peso Overview

The Philippine Peso (PHP) is the official currency of the Philippines, managed by Bangko Sentral ng Pilipinas. Overseas worker remittances are a critical driver of peso demand and the broader economy. The PHP exchange rate against KRW reflects relative economic conditions between the two currency areas.

Reverse Rate: PHP to KRW

The reverse exchange rate is 1 PHP = 22.1205 KRW. This is useful if you are starting with Philippine Peso and want to know how much South Korean Won you will receive. Both the forward and reverse rates update simultaneously every 15 minutes on this page. You can also visit our dedicated PHP to KRW converter for the reverse direction.