Compare today's KRW to PHP (South Korean Won to Philippine Peso) exchange rates
Interbank Exchange Rate: 1 KRW = 0.0400 PHP
Updated about an hour ago
Found 2 Remittance Service Providers
1000 KRW =
39.50 PHP
Transfer Limit (KRW): 0 - 6000000
Locked-In Rate1 KRW = 0.0395 PHP
1000 KRW =
39.40 PHP
Transfer Limit (KRW): No Limits
Indicative Rate1 KRW = 0.0394 PHP
📢 B2B transfers only
1 Remit Service Providers did not match the search criteria.
1000 KRW =
39.30 PHP
Transfer Limit (KRW): 3412.037 - 17060185
Locked-In Rate1 KRW = 0.0393 PHP
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 Philippine Peso money transfers
Easily compare money transfer providers in one place to send money from South Korea to Philippines. Send money overseas to your loved ones by comparing South Korean Won (KRW) to Philippine Peso (PHP) 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 Philippines.
The best rate to send Philippine Peso from South Korean Won to your loved ones in Philippines is currently offered by GME Remittance; their 1 KRW to PHP exchange rate today is 0.0395.
Airwallex offers the next most competitive South Korean Won to Philippine Peso exchange rate today (currently 1 KRW = 0.0394 PHP).
Were you looking to send money from Philippines 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 PHP Conversion Rates
Here are some latest KRW to PHP (South Korean Won to Philippine Peso) exchange rates for popular conversion amounts*.
| 1 KRW | 0.04 PHP |
| 5 KRW | 0.20 PHP |
| 10 KRW | 0.40 PHP |
| 25 KRW | 1.00 PHP |
| 50 KRW | 2.00 PHP |
| 100 KRW | 4.00 PHP |
| 150 KRW | 6.00 PHP |
| 200 KRW | 8.00 PHP |
| 250 KRW | 10.00 PHP |
| 300 KRW | 12.00 PHP |
| 400 KRW | 16.00 PHP |
| 500 KRW | 20.00 PHP |
| 600 KRW | 24.00 PHP |
| 700 KRW | 28.00 PHP |
| 800 KRW | 32.00 PHP |
| 1,000 KRW | 40.00 PHP |
| 1,500 KRW | 60.00 PHP |
| 2,000 KRW | 80.00 PHP |
| 2,500 KRW | 100.00 PHP |
| 3,000 KRW | 120.00 PHP |
| 4,000 KRW | 160.00 PHP |
| 5,000 KRW | 200.00 PHP |
| 10,000 KRW | 400.00 PHP |
| 15,000 KRW | 600.00 PHP |
| 20,000 KRW | 800.00 PHP |
| 30,000 KRW | 1,200.00 PHP |
| 40,000 KRW | 1,600.00 PHP |
| 50,000 KRW | 2,000.00 PHP |
| 100,000 KRW | 4,000.00 PHP |
*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 Philippines 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 Philippines. 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 PHP.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 PHP in Philippines. 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 Philippines from South Korea. We provide you with maximum choices to send money to Philippines by comparing competing money transfer companies thereby making you the winner in the end.
How to get the best exchange rate for sending money from South Korea to Philippines?
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 Philippines.The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your South Korea to Philippines 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 Philippine Peso 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 transfer money from South Korea to Philippines?
The final amount your recipient gets when you send KRW to PHP 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 Philippines 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 Philippine Peso 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 Philippines 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.
How to send money to Philippines 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 Philippines 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 PHP transfers.
Given this, there are umpteen additional options to send money to Philippines 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 Philippines gets the maximum amount.
How to send money to Philippines 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 Philippines. 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 PHP 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 Philippines. 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 Philippine Peso quickly to Philippines, 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 transfer money from South Korea to Philippines?
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 Philippines, 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 Philippine Peso 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 PHP money transfers to Philippines. 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 Philippines getting more money for every South Korean Won you send.
Step by step guide to send money to Philippines from South Korea
There are many important aspects of South Korea to Philippines 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 PHP 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.