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Compare today's KRW to ILS (South Korean Won to Israeli New Sheqel) exchange rates

South Korea
Israel
KRW
Interbank Exchange Rate: 1 KRW = 0.0022 ILS
Updated about an hour ago

Found 1 Remittance Service Providers

airwallex
Read more about Airwallex
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 KRW =
2.10 ILS
Transfer Limit (KRW): No Limits
Indicative Rate1 KRW = 0.0021 ILS

📢 B2B transfers only

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 Israeli New Sheqel money transfers

Easily compare money transfer providers in one place to send money from South Korea to Israel. Send money overseas to your loved ones by comparing South Korean Won (KRW) to Israeli New Sheqel (ILS) 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 Israel.

The best rate to send Israeli New Sheqel from South Korean Won to your loved ones in Israel is currently offered by Airwallex; their 1 KRW to ILS exchange rate today is 0.0021.

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

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.

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.


Latest KRW to ILS Conversion Rates

Here are some latest KRW to ILS (South Korean Won to Israeli New Sheqel) exchange rates for popular conversion amounts*.

1 KRW0.00 ILS
5 KRW0.01 ILS
10 KRW0.02 ILS
25 KRW0.06 ILS
50 KRW0.11 ILS
100 KRW0.22 ILS
150 KRW0.33 ILS
200 KRW0.44 ILS
250 KRW0.55 ILS
300 KRW0.66 ILS
400 KRW0.88 ILS
500 KRW1.10 ILS
600 KRW1.32 ILS
700 KRW1.54 ILS
800 KRW1.76 ILS
1,000 KRW2.20 ILS
1,500 KRW3.30 ILS
2,000 KRW4.40 ILS
2,500 KRW5.50 ILS
3,000 KRW6.60 ILS
4,000 KRW8.80 ILS
5,000 KRW11.00 ILS
10,000 KRW22.00 ILS
15,000 KRW33.00 ILS
20,000 KRW44.00 ILS
30,000 KRW66.00 ILS
40,000 KRW88.00 ILS
50,000 KRW110.00 ILS
100,000 KRW220.00 ILS

*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 from South Korea to Israel?

There are many good choices when it comes to sending money from South Korea to Israel. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your South Korean Won to ILS money transfers.

We compare different remittance companies to bring you the best options to send money to Israel from South Korea. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your South Korean Won to Israeli New Sheqel money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best exchange rate for your money transfers from South Korea to Israel?

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 Israeli New Sheqel 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 Israel. 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 ILS 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 Israel from South Korea?

When you want to send money to Israel from South Korea, you obviously want the cheapest possible option to maximize the money your recipient gets in Israeli New Sheqel. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your KRW to ILS money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from South Korea to Israel. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best South Korea to Israel exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Israeli New Sheqel overseas.


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

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your South Korea to Israel money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like KRW to ILS transfers.

Given this, there are umpteen additional options to send money to Israel instead of just your South Korea bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your South Korean Won even more so that your recipient in Israel gets the maximum amount.


How to send money from South Korea to Israel fast?

If you need to convert KRW to ILS as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from South Korea to Israel could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your South Korean Won to Israeli New Sheqel funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Israel.

With so many choices available, make sure to compare various forex operators that enable you to remit money from South Korea to Israel. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


Which are the best money transfer companies to send money to Israel 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 Israel, 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 Israeli New Sheqel 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 ILS money transfers to Israel. 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 Israel getting more money for every South Korean Won you send.


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

With so many possible ways to transfer South Korean Won to Israeli New Sheqel, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your South Korea to Israel remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in South Korea and the receiver in Israel. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your KRW to Israeli New Sheqel money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.