Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's USD to KRW (US Dollar to South Korean Won) exchange rates

Ecuador
South Korea
USD

Interbank Exchange Rate: 1 USD = 1,451.6411 KRW
Updated about 1 hours ago

Found 4 Remittance Service Providers

(*)(*)(*)(*)( )
1000 USD =
1 436 067.20 KRW
Transfer Limit (USD): No Limits
Locked-In Rate1 USD = 1,436.0672 KRW
(*)(*)(*)( )( )
1000 USD =
1 431 732.80 KRW
Transfer Limit (USD): No Limits
Indicative Rate1 USD = 1,431.7328 KRW

📢 New! Cash pickup available
(*)(*)(*)(*)(*)
1000 USD =
1 431 081.00 KRW
Transfer Limit (USD): 1 - 1000000
Locked-In Rate1 USD = 1,431.0810 KRW
( )( )( )( )( )
1000 USD =
1 428 140.00 KRW
Transfer Limit (USD): 100 - 99000000
Indicative Rate1 USD = 1,428.1400 KRW

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about US Dollar to South Korean Won money transfers

Easily compare money transfer providers in one place to send money from Ecuador to South Korea. Send money overseas to your loved ones by comparing US Dollar (USD) to South Korean Won (KRW) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

When making a money transfer to South Korea from Ecuador, we currently have 4 remittance service providers available.

OFX currently offers the most competitive rate for sending money to South Korea and their 1 USD to KRW exchange rate today is 1,436.0672.

The next best US Dollar to South Korean Won exchange rate today for money transfers to South Korea is offered by XE Money Transfer (1 USD = 1,431.7328 KRW).

Wise and CurrencyFair are amongst other competitive providers to consider for Ecuador to South Korea money transfers.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Ecuador.

Were you looking to send money from South Korea to Ecuador instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest USD to KRW Conversion Rates

Here are some latest USD to KRW (US Dollar to South Korean Won) exchange rates for popular conversion amounts*.

1 USD1,451.64 KRW
5 USD7,258.21 KRW
10 USD14,516.41 KRW
25 USD36,291.03 KRW
50 USD72,582.06 KRW
100 USD145,164.11 KRW
150 USD217,746.17 KRW
200 USD290,328.22 KRW
250 USD362,910.28 KRW
300 USD435,492.33 KRW
400 USD580,656.44 KRW
500 USD725,820.55 KRW
600 USD870,984.66 KRW
700 USD1,016,148.77 KRW
800 USD1,161,312.88 KRW
1,000 USD1,451,641.10 KRW
1,500 USD2,177,461.65 KRW
2,000 USD2,903,282.20 KRW
2,500 USD3,629,102.75 KRW
3,000 USD4,354,923.30 KRW
4,000 USD5,806,564.40 KRW
5,000 USD7,258,205.50 KRW
10,000 USD14,516,411.00 KRW
15,000 USD21,774,616.50 KRW
20,000 USD29,032,822.00 KRW
30,000 USD43,549,233.00 KRW
40,000 USD58,065,644.00 KRW
50,000 USD72,582,055.00 KRW
100,000 USD145,164,110.00 KRW

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to send money to South Korea from Ecuador?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Ecuador to South Korea. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer United States Dollar to KRW.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send USD to KRW in South Korea. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to South Korea from Ecuador. We provide you with maximum choices to send money to South Korea by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best exchange rate for sending money from Ecuador to South Korea?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Ecuador to South Korea transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your USD to South Korean Won international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest United States Dollar to South Korean Won exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way to send money from Ecuador to South Korea?

Finding the cheapest way to send money from Ecuador to South Korea might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer USD to KRW via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Ecuador to South Korea exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


How to send money to South Korea from Ecuador through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Ecuador to South Korea. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the USD to KRW exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Ecuador bank for your South Korea money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


How to send money from Ecuador to South Korea fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Ecuador to South Korea. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert USD to KRW fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your United States Dollar amount reaching South Korea. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush South Korean Won quickly to South Korea, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


Which are the best money transfer companies to transfer money to South Korea from Ecuador?

Since the United States Dollar to South Korean Won money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Ecuador that may also be able to send money to South Korea. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your USD to KRW money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in South Korea gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Ecuador to South Korea transaction.


Step by step guide to send money from Ecuador to South Korea

The first step to send money to South Korea from Ecuador is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your USD to KRW overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in South Korea if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Ecuador bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to South Korea!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Ecuador to South Korea.