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

Compare today's KRW to MXN (South Korean Won to Mexican Peso) exchange rates

South Korea
Mexico
KRW

Interbank Exchange Rate: 1 KRW = 0.0119 MXN
Updated about an hour ago

Found 2 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 KRW =
11.80 MXN
Transfer Limit (KRW): No Limits
Indicative Rate1 KRW = 0.0118 MXN

📢 B2B transfers only
( )( )( )( )( )
1000 KRW =
11.60 MXN
Transfer Limit (KRW): 0 - 6000000
Locked-In Rate1 KRW = 0.0116 MXN
1 Remit Service Providers did not match the search criteria.
(*)(*)(*)(*)(*)
1000 KRW =
11.60 MXN
Transfer Limit (KRW): 3420.2142 - 17101071
Locked-In Rate1 KRW = 0.0116 MXN

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 Mexican Peso money transfers

Easily compare money transfer providers in one place to send money from South Korea to Mexico. Send money overseas to your loved ones by comparing South Korean Won (KRW) to Mexican Peso (MXN) 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 2 money transfer operators to get you the best FX rates to send money from South Korea to Mexico.

The best rate to send Mexican Peso from South Korean Won to your loved ones in Mexico is currently offered by Airwallex; their 1 KRW to MXN exchange rate today is 0.0118.

GME Remittance offers the next most competitive South Korean Won to Mexican Peso exchange rate today (currently 1 KRW = 0.0116 MXN).

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 Mexico 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 MXN Conversion Rates

Here are some latest KRW to MXN (South Korean Won to Mexican Peso) exchange rates for popular conversion amounts*.

1 KRW0.01 MXN
5 KRW0.06 MXN
10 KRW0.12 MXN
25 KRW0.30 MXN
50 KRW0.60 MXN
100 KRW1.19 MXN
150 KRW1.79 MXN
200 KRW2.38 MXN
250 KRW2.98 MXN
300 KRW3.57 MXN
400 KRW4.76 MXN
500 KRW5.95 MXN
600 KRW7.14 MXN
700 KRW8.33 MXN
800 KRW9.52 MXN
1,000 KRW11.90 MXN
1,500 KRW17.85 MXN
2,000 KRW23.80 MXN
2,500 KRW29.75 MXN
3,000 KRW35.70 MXN
4,000 KRW47.60 MXN
5,000 KRW59.50 MXN
10,000 KRW119.00 MXN
15,000 KRW178.50 MXN
20,000 KRW238.00 MXN
30,000 KRW357.00 MXN
40,000 KRW476.00 MXN
50,000 KRW595.00 MXN
100,000 KRW1,190.00 MXN

*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 Mexico?

There are many good choices when it comes to sending money from South Korea to Mexico. 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 MXN money transfers.

We compare different remittance companies to bring you the best options to send money to Mexico 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 Mexican Peso 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 Mexico?

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 South Korea to Mexico 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 KRW to Mexican Peso 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 South Korean Won to Mexican Peso 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 to Mexico from South Korea?

One of the most important things to watch out for is hidden fees when sending money to Mexico from South Korea. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Mexico using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Mexican Peso foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best KRW to Mexico exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Mexico from South Korea.


Should I use my bank to send money from South Korea to Mexico?

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 Mexico 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 MXN transfers.

Given this, there are umpteen additional options to send money to Mexico 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 Mexico gets the maximum amount.


How to send money from South Korea to Mexico fast?

The first thing to do when you need to convert KRW to MXN quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.

The harder part might be how to identify which providers can execute fast funds transfers between South Korean Won and Mexican Peso. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.

To help demystify the unknowns in the end to end South Korea to Mexico remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Mexico.


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

Comparing money transfer companies for sending money to Mexico from South Korea can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Mexico. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your South Korean Won to Mexican Peso transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Mexican Peso yield on every South Korean Won that you send.


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

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 Mexico, 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 Mexico 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 Mexico where they can receive monies in Mexican 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.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your KRW travel to another part of the globe.