Compare today's KRW to USD (South Korean Won to US Dollar) exchange rates
Interbank Exchange Rate: 1 KRW = 0.0008 USD
Updated about an hour ago
Found 2 Remittance Service Providers
1000 KRW =
0.70 USD
Transfer Limit (KRW): 0 - 6000000
Locked-In Rate1 KRW = 0.0007 USD
1000 KRW =
0.70 USD
Transfer Limit (KRW): No Limits
Indicative Rate1 KRW = 0.0007 USD
📢 B2B transfers only
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 US Dollar money transfers
Easily compare money transfer providers in one place to send money from South Korea to Ecuador. Send money overseas to your loved ones by comparing South Korean Won (KRW) to US Dollar (USD) 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 Ecuador from South Korea, we currently have 2 remittance service providers available.
GME Remittance currently offers the most competitive rate for sending money to Ecuador and their 1 KRW to USD exchange rate today is 0.0007.
The next best South Korean Won to US Dollar exchange rate today for money transfers to Ecuador is offered by Airwallex (1 KRW = 0.0007 USD).
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 Ecuador 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 USD Conversion Rates
Here are some latest KRW to USD (South Korean Won to US Dollar) exchange rates for popular conversion amounts*.
| 1 KRW | 0.00 USD |
| 5 KRW | 0.00 USD |
| 10 KRW | 0.01 USD |
| 25 KRW | 0.02 USD |
| 50 KRW | 0.04 USD |
| 100 KRW | 0.08 USD |
| 150 KRW | 0.12 USD |
| 200 KRW | 0.16 USD |
| 250 KRW | 0.20 USD |
| 300 KRW | 0.24 USD |
| 400 KRW | 0.32 USD |
| 500 KRW | 0.40 USD |
| 600 KRW | 0.48 USD |
| 700 KRW | 0.56 USD |
| 800 KRW | 0.64 USD |
| 1,000 KRW | 0.80 USD |
| 1,500 KRW | 1.20 USD |
| 2,000 KRW | 1.60 USD |
| 2,500 KRW | 2.00 USD |
| 3,000 KRW | 2.40 USD |
| 4,000 KRW | 3.20 USD |
| 5,000 KRW | 4.00 USD |
| 10,000 KRW | 8.00 USD |
| 15,000 KRW | 12.00 USD |
| 20,000 KRW | 16.00 USD |
| 30,000 KRW | 24.00 USD |
| 40,000 KRW | 32.00 USD |
| 50,000 KRW | 40.00 USD |
| 100,000 KRW | 80.00 USD |
*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 Ecuador from South Korea?
Sending money internationally to Ecuador from South Korea can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your South Korean Won to USD remittances.
Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Ecuador. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in United States Dollar.
How to get the best remit rate for transferring money from South Korea to Ecuador?
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 United States Dollar 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 Ecuador. 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 USD remittances. With our daily free rate alert, you will never have to manually search and compare providers again.
What's the cheapest way to send money from South Korea to Ecuador?
The final amount your recipient gets when you send KRW to USD is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.Before the dawn of the modern internet era, traditional methods to send money from South Korea to Ecuador used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.
A great way to find the cheapest options to send United States Dollar is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best South Korean Won to Ecuador exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.
Should I use my bank to transfer money from South Korea to Ecuador?
Big banks in South Korea are known to make a lot of money by charging high fees on Ecuador 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 USD 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 Ecuador. 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 Ecuador. You work hard for your money, so you should also ensure you get the maximum yield when you send USD overseas.
How to send money from South Korea to Ecuador fast?
The speed of your South Korean Won to United States Dollar 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 USD. 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 Ecuador 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 Ecuador 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 USD into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than South Korea bank to Ecuador bank transfer.
Which are the best money transfer companies to transfer money from South Korea to Ecuador?
Since the South Korean Won to United States Dollar 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 South Korea that may also be able to send money to Ecuador. 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 KRW to USD money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Ecuador gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next South Korea to Ecuador transaction.
Step by step guide to do a money transfer from South Korea to Ecuador
Follow the below easy steps to send money to Ecuador from South Korea.- If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
- You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
- Add your payment method - this is how you pay for your transfer. Generally, you would want to use your South Korea bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Ecuador).
- Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
- Add the transfer amount and start the transaction.
Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.