500 South Korean Won =
0.345 United States Dollars
today's official exchange rate from the European Central Bank.
| KRW | USD |
|---|---|
| 1 KRW | 0.0007 USD |
| 5 KRW | 0.0035 USD |
| 10 KRW | 0.0069 USD |
| 25 KRW | 0.0173 USD |
| 50 KRW | 0.0345 USD |
| 100 KRW | 0.069 USD |
| 500 KRW | 0.345 USD |
| 1,000 KRW | 0.69 USD |
| 5,000 KRW | 3.45 USD |
| 10,000 KRW | 6.9 USD |
The South Korean Won (symbol: ₩; code: KRW) is the official currency of South Korea, issued by the Bank of Korea. One of Asia's most actively traded currencies, the won is heavily influenced by South Korea's export-driven economy, particularly in semiconductors, automobiles, and shipbuilding.
The United States Dollar (symbol: $; code: USD) is the official currency of the United States, issued by the Federal Reserve System. Each dollar is divided into 100 cents. As the world's primary reserve currency, the U.S. dollar accounts for more than half of global foreign exchange reserves and is used to price most international commodities, including oil and gold.
This conversion uses the European Central Bank reference rate, which is published once per business day at around 16:00 CET (Frankfurt time). The ECB calculates these rates from interbank market quotes provided by major banks. Reference rates are intended for information and statistical purposes — they are not commercial rates at which currencies can actually be bought or sold.
No. The ECB reference rate is a benchmark used by economists, regulators, and accountants — not a retail rate. Banks, currency exchange services, and credit cards typically add a markup of 1 to 4 percent on top of the reference rate, plus possible fixed transaction fees. To know the actual rate you would pay, check directly with your bank or money transfer service before exchanging.
The European Central Bank updates exchange rates once per business day, around 16:00 CET. Rates are not updated on weekends or eurozone bank holidays — during these periods the most recent business-day rate remains in effect. We refresh our cached rate every six hours to balance accuracy with performance.
Exchange rates fluctuate based on many factors, including interest rate decisions by the Bank of Korea and the Federal Reserve System, inflation differences between South Korea and the United States, trade balances, capital flows, and geopolitical events affecting market sentiment. Even small differences in expected economic conditions can move rates significantly over short periods.
Yes. We support 15 major currencies for conversion: USD, EUR, GBP, JPY, CHF, CAD, AUD, CNY, INR, MXN, BRL, KRW, SGD, NZD, and SEK. Use the swap button above to flip the direction of this conversion, or open any other supported currency pair directly.