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

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

South Korea
Palau
KRW

Interbank Exchange Rate: 1 KRW = 0.0008 USD
Updated about an hour ago

Found 1 Remittance Service Providers

airwallex
Read more about Airwallex
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 KRW =
0.70 USD
Transfer Limit (KRW): No Limits
Indicative Rate1 KRW = 0.0007 USD

📢 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 US Dollar money transfers

Easily compare money transfer providers in one place to send money from South Korea to Palau. 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.

RemitFinder compared 1 money transfer operators to get you the best FX rates to send money from South Korea to Palau.

The best rate to send US Dollar from South Korean Won to your loved ones in Palau is currently offered by Airwallex; their 1 KRW to USD exchange rate today is 0.0007.

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 Palau 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 KRW0.00 USD
5 KRW0.00 USD
10 KRW0.01 USD
25 KRW0.02 USD
50 KRW0.04 USD
100 KRW0.08 USD
150 KRW0.12 USD
200 KRW0.16 USD
250 KRW0.20 USD
300 KRW0.24 USD
400 KRW0.32 USD
500 KRW0.40 USD
600 KRW0.48 USD
700 KRW0.56 USD
800 KRW0.64 USD
1,000 KRW0.80 USD
1,500 KRW1.20 USD
2,000 KRW1.60 USD
2,500 KRW2.00 USD
3,000 KRW2.40 USD
4,000 KRW3.20 USD
5,000 KRW4.00 USD
10,000 KRW8.00 USD
15,000 KRW12.00 USD
20,000 KRW16.00 USD
30,000 KRW24.00 USD
40,000 KRW32.00 USD
50,000 KRW40.00 USD
100,000 KRW80.00 USD

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


What's the best way to transfer money from South Korea to Palau?

It can be very confusing when sending money from South Korea to Palau given so many choices. Additionally, South Korean Won to USD exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose South Korea to Palau as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Palau from South Korea. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for South Korean Won to United States Dollar remittances.


How to get the best remit rate for transferring money from South Korea to Palau?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Palau.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your South Korea to Palau transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your KRW to United States Dollar money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


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

Finding the cheapest way to send money from South Korea to Palau 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 USD 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 Palau 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 send money from South Korea to Palau?

We do not recommend using your local bank in South Korea for your next KRW to USD overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from South Korea to Palau (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending USD to Palau. These companies will let you use your local bank account in South Korea to pay for your Palau money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


What is the fastest way to do a money transfer to Palau from South Korea?

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 Palau 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 Palau 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 Palau bank transfer.


Which are the best money transfer companies to transfer money to Palau 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 Palau, 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 United States Dollar 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 USD money transfers to Palau. 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 Palau getting more money for every South Korean Won you send.


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

The first step to send money to Palau from South Korea 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 KRW to USD 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 Palau if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your South Korea bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Palau!

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 South Korea to Palau.