1 USD to KRW - Convert US Dollar to South Korean Won

Over the last 7 days, the USD to KRW exchange rate moved between 1,476.6905 and 1,558.4463. The average rate for the week was 1,521.1107, with a volatility of 1.86%. The US Dollar strengthened against the South Korean Won by 1.5% during this period.

Looking at the 30-day window, the USD/KRW pair traded in a range of 1,461.8131 to 1,549.0191. The monthly average was 1,498.8384 with 1.69% volatility. The relatively low volatility indicates stable trading conditions for the USD/KRW currency pair.

The current mid-market exchange rate is 1 USD = 1,529.3736 KRW, updated as of June 4, 2026, 2:18 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.

US Dollar to South Korean Won Exchange Rate

USD/KRW links the US with South Korea, Asia's fourth largest economy and a global leader in semiconductors, automobiles, and electronics. Samsung, Hyundai, SK Hynix, and LG are household names worldwide, and their revenues are deeply affected by the won's value against the dollar. For investors in Korean markets and the large Korean diaspora in the US, this rate matters every day.

The Semiconductor Currency

South Korea produces roughly 60% of the world's memory chips through Samsung and SK Hynix. When global demand for smartphones, servers, and AI hardware drives chip prices up, Korean export revenues surge and the won strengthens. During chip downturns, the opposite happens. The 2023 chip downturn pushed the won past 1,350 per dollar. When the AI boom revived demand in 2024, the won recovered. No other G20 currency is so closely tied to a single industry's cycle.

What Drives the USD/KRW Rate

Semiconductor export data is the most Korea-specific driver. Beyond that, Bank of Korea interest rate decisions, trade balance figures, and foreign investment flows matter. The won is also sensitive to geopolitical risk on the Korean peninsula. On the dollar side, Fed policy and the dollar index set the broader direction. China's economy affects Korea indirectly since China is Korea's largest trading partner.

What a Conversion Really Costs

USD/KRW spreads are moderate. Korean banks charge 1.5-3% above mid-market. Online services and fintech apps offer 0.5-1.5%. On $5,000, that saves $50-100. For Koreans in the US sending money home or Americans investing in Korean stocks, choosing the right provider makes a measurable difference over time.

How to Get the Best USD to KRW Rate

Compare your provider against the mid-market rate on this page. For regular transfers, set up rate alerts and send when the rate is favorable. Korean banks in the US sometimes offer promotional rates for large transfers that compete with online services.