Compare today's KRW to DOP (South Korean Won to Dominican Peso) exchange rates
Interbank Exchange Rate: 1 KRW = 0.0435 DOP
Updated about an hour ago
Found 1 Remittance Service Providers
1000 KRW =
42.20 DOP
Transfer Limit (KRW): 0 - 6000000
Locked-In Rate1 KRW = 0.0422 DOP
0 Remit Service Providers did not match the search criteria.
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 South Korean Won to Dominican Peso money transfers
Easily compare money transfer providers in one place to send money from South Korea to Dominican Republic. Send money overseas to your loved ones by comparing South Korean Won (KRW) to Dominican Peso (DOP) 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.
RemitFinder compared 1 money transfer operators to get you the best FX rates to send money from South Korea to Dominican Republic.
The best rate to send Dominican Peso from South Korean Won to your loved ones in Dominican Republic is currently offered by GME Remittance; their 1 KRW to DOP exchange rate today is 0.0422.
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 South Korea.
Were you looking to send money from Dominican Republic to South Korea 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 KRW to DOP Conversion Rates
Here are some latest KRW to DOP (South Korean Won to Dominican Peso) exchange rates for popular conversion amounts*.
| 1 KRW | 0.04 DOP |
| 5 KRW | 0.22 DOP |
| 10 KRW | 0.43 DOP |
| 25 KRW | 1.09 DOP |
| 50 KRW | 2.18 DOP |
| 100 KRW | 4.35 DOP |
| 150 KRW | 6.52 DOP |
| 200 KRW | 8.70 DOP |
| 250 KRW | 10.88 DOP |
| 300 KRW | 13.05 DOP |
| 400 KRW | 17.40 DOP |
| 500 KRW | 21.75 DOP |
| 600 KRW | 26.10 DOP |
| 700 KRW | 30.45 DOP |
| 800 KRW | 34.80 DOP |
| 1,000 KRW | 43.50 DOP |
| 1,500 KRW | 65.25 DOP |
| 2,000 KRW | 87.00 DOP |
| 2,500 KRW | 108.75 DOP |
| 3,000 KRW | 130.50 DOP |
| 4,000 KRW | 174.00 DOP |
| 5,000 KRW | 217.50 DOP |
| 10,000 KRW | 435.00 DOP |
| 15,000 KRW | 652.50 DOP |
| 20,000 KRW | 870.00 DOP |
| 30,000 KRW | 1,305.00 DOP |
| 40,000 KRW | 1,740.00 DOP |
| 50,000 KRW | 2,175.00 DOP |
| 100,000 KRW | 4,350.00 DOP |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to transfer money from South Korea to Dominican Republic?
With the global remittance market booming, there are so many choices for South Korean Won to DOP money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Dominican Republic from South Korea. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.
We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final DOP amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.
How to get the best remit rate for transferring money from South Korea to Dominican Republic?
When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your KRW to Dominican Peso money transfer.Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from South Korea to Dominican Republic. We carefully select providers to give you the best choices for sending money internationally.
Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for KRW to DOP remittances. With our daily free rate alert, you will never have to manually search and compare providers again.
What's the cheapest way for transferring money to Dominican Republic from South Korea?
Finding the cheapest way to send money from South Korea to Dominican Republic 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 KRW to DOP 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 South Korea to Dominican Republic 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.
Should I use my bank to transfer money from South Korea to Dominican Republic?
Big banks in South Korea are known to make a lot of money by charging high fees on Dominican Republic money transfers from South Korea. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.In addition to charging higher than average fees, banks are also notorious for giving you a KRW to DOP exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Dominican Republic. With our live comparison tool, you can easily compare many good options in one glance.
Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from South Korea to Dominican Republic. You work hard for your money, so you should also ensure you get the maximum yield when you send DOP overseas.
How to send money from South Korea to Dominican Republic fast?
The speed of your South Korean Won to Dominican Peso funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert KRW to DOP. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.
One possible approach that will help you send money fast to Dominican Republic from South Korea is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Dominican Republic if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.
One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout DOP into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than South Korea bank to Dominican Republic bank transfer.
Which are the best money transfer companies to transfer money to Dominican Republic from South Korea?
The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from South Korea to Dominican Republic, we can help you in choosing the best provider.There are several key points you would want to check for; these include, but are not limited to, the best South Korean Won to Dominican Peso exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.
After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your DOP money transfers to Dominican Republic. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.
Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Dominican Republic getting more money for every South Korean Won you send.
Step by step guide to send money from South Korea to Dominican Republic
Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from South Korea to Dominican Republic, then please continue to read.One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from South Korea to Dominican Republic that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.
Once you identify your provider of choice, follow the below step by step guide to send money.
- Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
- Provide information about the receiver - name, address and a bank account in Dominican Republic where they can receive monies in Dominican Peso.
- Then, provide details of your South Korea bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
- Finally, select the amount you want to transfer, and click Send.
- The provider will start your transaction, and keep you updated on the progress of your transfer.