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

Compare today's KRW to PEN (South Korean Won to Peruvian Nuevo Sol) exchange rates

South Korea
Peru
KRW

Interbank Exchange Rate: 1 KRW = 0.0023 PEN
Updated about an hour ago

Found 2 Remittance Service Providers

( )( )( )( )( )
1000 KRW =
2.30 PEN
Transfer Limit (KRW): 0 - 6000000
Locked-In Rate1 KRW = 0.0023 PEN
(*)(*)(*)(*)(*)
1000 KRW =
2.30 PEN
Transfer Limit (KRW): No Limits
Indicative Rate1 KRW = 0.0023 PEN

📢 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 Peruvian Nuevo Sol money transfers

Easily compare money transfer providers in one place to send money from South Korea to Peru. Send money overseas to your loved ones by comparing South Korean Won (KRW) to Peruvian Nuevo Sol (PEN) 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 Peru from South Korea, we currently have 2 remittance service providers available.

GME Remittance currently offers the most competitive rate for sending money to Peru and their 1 KRW to PEN exchange rate today is 0.0023.

The next best South Korean Won to Peruvian Nuevo Sol exchange rate today for money transfers to Peru is offered by Airwallex (1 KRW = 0.0023 PEN).

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 Peru 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 PEN Conversion Rates

Here are some latest KRW to PEN (South Korean Won to Peruvian Nuevo Sol) exchange rates for popular conversion amounts*.

1 KRW0.00 PEN
5 KRW0.01 PEN
10 KRW0.02 PEN
25 KRW0.06 PEN
50 KRW0.11 PEN
100 KRW0.23 PEN
150 KRW0.35 PEN
200 KRW0.46 PEN
250 KRW0.58 PEN
300 KRW0.69 PEN
400 KRW0.92 PEN
500 KRW1.15 PEN
600 KRW1.38 PEN
700 KRW1.61 PEN
800 KRW1.84 PEN
1,000 KRW2.30 PEN
1,500 KRW3.45 PEN
2,000 KRW4.60 PEN
2,500 KRW5.75 PEN
3,000 KRW6.90 PEN
4,000 KRW9.20 PEN
5,000 KRW11.50 PEN
10,000 KRW23.00 PEN
15,000 KRW34.50 PEN
20,000 KRW46.00 PEN
30,000 KRW69.00 PEN
40,000 KRW92.00 PEN
50,000 KRW115.00 PEN
100,000 KRW230.00 PEN

*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 Peru from South Korea?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from South Korea to Peru. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer South Korean Won to PEN.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send KRW to PEN in Peru. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Peru from South Korea. We provide you with maximum choices to send money to Peru by comparing competing money transfer companies thereby making you the winner in the end.


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

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Peru from South Korea. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your KRW to Peruvian Nuevo Sol money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the South Korea to Peru corridor to give you more good choices for your next PEN money transfer. This way you do not miss out on additional options to potentially save more.


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

Finding the cheapest way to send money from South Korea to Peru 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 PEN 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 Peru 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.


How to send money to Peru 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 Peru 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 PEN transfers.

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


How to send money to Peru from South Korea fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from South Korea to Peru. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert KRW to PEN fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your South Korean Won amount reaching Peru. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Peruvian Nuevo Sol quickly to Peru, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


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

The first step in selecting the best money transfer operators for South Korea to Peru remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for South Korean Won to Peruvian Nuevo Sol money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Peru.


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

There are many important aspects of South Korea to Peru remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - South Korea bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include PEN bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much South Korean Won amount you want to send from South Korea.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Peru to validate that they get the money once the transaction clears.