New customer offer
200 KRW in USD
Remitly offers dependable exchange rates for USD to KRW with no hidden fees. Join today and get a promotional rate of 1474.39 KRW to 1 USD on your first money transfer.
New customers only. One per customer. Limited time offer. Any rates shown are subject to change. Promotional FX rate applies to first 2,000.00 USD sent. If you are sending over 2,000.00 USD, the non-promotional FX rate shown applies when you pay by Bank account or Remitly Wallet. See Terms and Conditions (opens in new window) for details.
New customers only. One per customer. Limited time offer. Any rates shown are subject to change. Promotional FX rate applies to first 2,000.00 USD sent. If you are sending over 2,000.00 USD, the non-promotional FX rate shown applies when you pay by Bank account or Remitly Wallet. See Terms and Conditions (opens in new window) for details.
What affects the exchange rate for US dollars to South Korean won?
Many factors can determine exchange rates, including:
Central banks
The interest rate set by a country's central bank can affect foreign investment, impacting currency demand
Economic performance
A robust economy can bolster a currency's value
Political stability
Stable governments can foster strong currencies
Inflation rates
Lower inflation can lead to a stronger currency, while higher inflation can devalue it
Why choose Remitly?
Guaranteed Delivery
Rest easy knowing your transfers will be delivered on time, or we’ll refund your fees.
Secure Transactions
Send money home with security designed to keep your transfers protected.
Global Network
Choose what works for you from a growing network of banks and cash pickup locations.
Trusted Worldwide
Join millions from across the globe who trust Remitly to send money home.
Fast. Easy. Reliable.
Download the app:
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How to convert 200 KRW in USD
- 1Create an account using your email address through our website (opens in new window) or our app on the App Store (opens in new window) or Google Play (opens in new window).
- 2Select the currency, the amount you want to send, and the delivery speed.
- 3Choose how your money is delivered.
- 4Enter the name and information of the person who will receive the money.
- 5Enter your payment information and select confirm transfer to send.
Where to send South Korean won in South Korea?
Remitly gives you options when sending money to South Korea. Depending on your recipient’s location, choose from trusted banks, Bank deposit
- BNK Busan Bank (부산은행)
- BNK Kyongnam Bank (경남은행)
- BNP Paribas bank (비엔피파리바은행)
- Bookook Securities (부국증권)
- Cape Investment & Securities (케이프투자증권)
- Citi Bank (시티은행)
- Daegu Bank (대구은행)
- Daishin Securities (대신증권)
- DB Financial Investment (DB금융투자)
- Deutsche Bank (도이치은행)
- eBEST Investment & Securities (이베스트투자증권)
- EUGENE Investment & Securities (유진투자증권)
- Forestry Cooperative in Korea (산림조합중앙회)
- Hana Securities (하나증권)
- Hanwha Investment & Securities (한화투자증권)
- HI Investment & Securities (하이투자증권)
- Hongkong and Shanghai Banking Corporation Limited (HSBC은행)
- Hyundai Motor Securities (현대차증권)
- Industrial Bank of Korea (IBK기업은행)
- J.P Morgan Korea (제이피모간체이스은행)
- Jeju Bank (제주은행)
- JeonBuk Bank (전북은행)
- K Bank (K뱅크)
- Kakao Bank (카카오뱅크)
- Kakaopay Securities (카카오페이증권)
- KB Securities (KB 증권)
- KDB Bank (KDB산업은행)
- KEB Hana Bank (KEB하나은행)
- KFCC (새마을은행)
- KIWOOM Securities (키움증권)
Trademarks, trade names and logos displayed are registered trademarks of their respective owners. No affiliation or endorsement of Remitly should be implied.
Get help with sending USD to KRW
Remitly FAQ
How much does it cost to send money to South Korea?
The cost of sending money to South Korea varies depending on the amount you're sending, the payment method, and the delivery option you choose. At Remitly, we strive to provide competitive exchange rates and low fees.Read more about how much Remitly costs. (opens in new window)
When you sign up for Remitly, you may be eligible to receive a new customer offer (opens in new window) on your first transfer.
For the most accurate pricing, we recommend visiting our website or app, where you can enter your transfer details to see the total cost.Does Remitly offer discounts for new customers?
Yes! We offer discounts for when you send your first money transfer. Eligibility restrictions may apply.Check out our transfer offers for first-time senders. (opens in new window)How can I pay for my money transfer?
You can pay for your money transfer with multiple payment options, including using a debit card or credit card or paying with your bank account. Some countries also offer additional payment methods like mobile wallets.Learn more about what payment types work with Remitly. (opens in new window)
Keep in mind that the payment method you choose may affect the speed of your transfer and the associated fees.What are the ways to receive a money transfer?
The ways you can receive money include cash pickup (opens in new window), mobile money (opens in new window), home delivery (opens in new window), debit card deposit (opens in new window), or directly to a bank account (opens in new window), depending on the recipient's location. It's important to let the sender know your preferred method.Check out our guide to receiving money from Remitly. (opens in new window)
Your recipient doesn't need to sign up with Remitly to receive money. However, the sender must create a Remitly account (opens in new window) to send money.Is it safe to send money online with Remitly?
It’s safe to send money online with Remitly and we ensure your money transfers to South Korea are secure, on time, and reliable. If your transfer doesn’t arrive on time, we’ll refund your fees.Learn more about how Remitly keeps you safe. (opens in new window)
We use advanced technology to protect your transactions and detect unusual account activity before it becomes problematic.How do I track my money transfer?
Tracking your money transfer is easy with Remitly. After completing your transfer, you'll receive a confirmation email with a reference number. You can use this number on our website or mobile app to see the real-time status of your transfer. Additionally, we provide notifications via email or SMS at each step of the transfer process, so you're always in the loop.Learn more about tracking your transfer. (opens in new window)What are the money transfer limits?
We limit how much you can send in 24 hours, 30 days, and 180 days. Find out more about send limits here (opens in new window). These limits are different depending on your location and your recipient’s location. Additional sending limits may apply depending upon your choice of payout partner or receiving location.
You can request an increase if you need to send more than your current limit. When requesting a limit increase, we may ask you to provide more information about how you use Remitly (opens in new window) and payment details.How do I contact Remitly customer service?
You can contact Remitly customer support to help answer your money transfer questions.Contact us for help (opens in new window)
Search for answers in 15 languages, 24/7. Call or online chat with us in English and Spanish, 24/7.
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