1,000,000 South Korean Won to US Dollar today
At the indicative interbank rate of 1 KRW = 0.0007 USD, live, July 2026. Updated 2026-07-31.
What ₩1,000,000 KRW is worth
Rent on a small officetel studio outside Seoul's priciest districts comes to roughly this each month, also the price of a budget flight to Japan or a semester of hagwon tutoring.
What you'll actually receive after fees
For travel and trade with Korea, after a typical 1–4% provider margin, ₩1,000,000 KRW is worth roughly $672.00–$693.00 USD in practice — so compare the final amount, not just the mid-market rate.
What moves the KRW/USD rate
The South Korean won is the currency of a major export economy — semiconductors, cars, ships — so its value tracks the global technology cycle and chip demand closely. The Bank of Korea targets inflation and the won floats, but it stays sensitive to the US dollar, risk sentiment and tensions on the peninsula. The other way round, $1 USD buys about ₩1,429 KRW today.
Convert a different amount
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Common KRW → USD amounts
| KRW | USD |
|---|---|
| ₩1,000 | $0.70 |
| ₩10,000 | $7.00 |
| ₩100,000 | $70.00 |
| ₩1,000,000,000 | $700,000.00 |
FAQ
How much is 1,000,000 KRW in USD today?
The converted amount shown ($700.00 USD) is calculated at the indicative mid-market interbank rate, updated daily. Transfer services add a 1%-4% spread on top. This is not a transfer quote.