Korean Won to CAD – Live Rate History and Converter Guide

The Korean Won to Canadian Dollar exchange rate currently hovers between 0.00092 and 0.00099 CAD per KRW, placing one Canadian Dollar at approximately 1,040 Korean Won. This pairing reflects continuous trading across global foreign exchange markets, with rates shifting throughout the day based on international trade flows and macroeconomic indicators.

Travelers importing electronics from Seoul, professionals receiving salaries in Won, and investors monitoring Asian currency markets all track this conversion closely. Unlike major reserve currencies, the KRW/CAD cross experiences distinct volatility patterns tied to South Korea’s export-driven economy and Canada’s commodity-linked Dollar.

Understanding the precise mechanics of this conversion requires examining live mid-market data, historical depreciation trends, and the fee structures that separate advertised rates from actual transaction costs.

What is the Current KRW to CAD Exchange Rate?

Real-time converters display slight variations depending on data feed timing. As of recent market snapshots, Revolut lists 1 KRW at 0.000955 CAD, while Wise recorded 0.0009873 CAD at 06:20 UTC. XTransfer reported 0.000933657 CAD at 13:31, and Trading Economics tracked a live rate of 0.00092354 CAD. These micro-discrepancies illustrate the fragmented nature of retail foreign exchange markets.

Key Rate Insights

• Micro-Variations: Spreads between providers average 0.00005 CAD, significant for large transfers.
• Recent Dip: October 27, 2025 recorded the largest 24-hour drop at 0.423%, according to Wise data.
• Monthly Decline: The pairing has depreciated 1.82% over the past month per Trading Economics.
• Inverse Consistency: 100 CAD consistently converts to approximately 103,993 KRW across major platforms.
• Threshold Watch: The 0.0010 CAD level served as both weekly high and resistance point in late October 2025.
• Zero Hidden Markups: Mid-market providers display raw interbank rates before adding transaction fees.

Conversion Reference Table

What is the Historical KRW to CAD Rate?

Historical analysis reveals a depreciating trend for the Korean Won against the Canadian Dollar over the past twelve months. Wise charts indicate the rate oscillated between a weekly high of 0.000988051 on October 21, 2025, and a low of 0.000971422 on October 23, 2025. XTransfer maintains daily data archives spanning from March 8, 2025, to December 13, 2025, offering granular visibility into short-term fluctuations.

Recent Volatility Patterns

The past week demonstrated tight consolidation around the 0.0010 CAD threshold before the late-October decline. October 23 marked the weekly low, while October 27 registered the steepest single-day fall. These movements correlate with broader Asian currency sentiment rather than bilateral Korea-Canada trade announcements.

Longer-Term Depreciation

Year-over-year metrics confirm a 5.02% decline in the KRW’s purchasing power versus the CAD. This trajectory aligns with general market fluctuations affecting export-dependent Asian currencies. Revolut’s twelve-month evolution charts show periodic peaks, though the overall directional trend favors the Canadian Dollar.

How Do I Convert Korean Won to Canadian Dollars?

Executing the conversion requires selecting between digital platforms, traditional banks, and currency exchange bureaus. Each channel applies distinct fee structures atop the mid-market rate. Wise and Revolut emphasize transparency by displaying live interbank rates without hidden markups, though transaction fees apply upon execution. XTransfer offers promotional quotas up to 100,000 KRW for new users.

Selecting a Conversion Provider

Revolut, Wise, Xe, and XTransfer currently provide the most comprehensive tooling for KRW to CAD conversions, combining live rates with historical charting. XTransfer specializes in business remittances with extended history views, while Xe offers free downloadable tables. Traditional banks typically embed margins within the exchange rate itself, making direct comparison essential.

Fee Structures and Transparent Pricing

Mid-market rates represent the theoretical midpoint between buy and sell prices, unavailable to retail customers without added costs. Transaction fees vary by provider and transfer volume. Mobile applications allow real-time monitoring, enabling users to lock rates during favorable windows. When budgeting for international purchases, like checking the Apple Watch Series 10 Price in Canada – Latest Retail Prices, accurate conversion calculations prevent cost overruns.

What Factors Affect the KRW to CAD Exchange Rate?

The exchange rate responds to monetary policy differentials between the Bank of Korea and the Bank of Canada, commodity price shifts affecting the Loonie, and South Korea’s semiconductor export cycles. Recent data indicates general market fluctuations dominate short-term movements, with no singular bilateral announcement driving the 2025 depreciation.

Central Bank Policy Divergence

While the Bank of Korea manages Won liquidity through standard monetary tools, and the Bank of Canada adjusts Canadian interest rates to target inflation, the research indicates no specific intervention actions or unique policy shifts directly targeting this currency pair. Rates instead reflect broader G10 versus Asian emerging market dynamics.

Market Volatility Indicators

Volatility metrics reveal a 0.423% single-day drop capability, with weekly swings averaging 0.22%. These movements impact corporate hedging strategies and travel budgeting. For travelers assessing baggage allowances alongside currency needs, understanding the Air Canada Checked Baggage – 2025 Rules Fees Limits helps complete total trip cost calculations.

How Has the KRW CAD Rate Changed Over the Past Year?

1. March 8, 2025: XTransfer begins daily data logging for the current analytical period.
2. October 21, 2025: Weekly high established at 0.000988051 CAD per KRW.
3. October 23, 2025: Rate drops to weekly low of 0.000971422 CAD.
4. October 27, 2025: Largest 24-hour decline recorded at -0.423%.
5. December 13, 2025: XTransfer historical dataset extends to this date, showing continued consolidation below 0.0010 CAD.

Sources: Wise Historical Data, XTransfer Archives.

Is Now a Good Time to Exchange KRW for CAD?

What Economic Context Drives KRW to CAD Valuations?

South Korea’s position as a global semiconductor and electronics exporter creates demand for the Won tied to technology trade cycles. Canada’s Dollar, often influenced by oil and natural resource pricing, responds to North American energy markets. When tech exports surge, KRW demand theoretically strengthens; when commodity prices rise, the CAD typically appreciates.

The current depreciation trend suggests either weakening Korean export demand, strengthening commodity markets supporting the Loonie, or capital flows favoring North American yields. However, specific economic drivers detailed in central bank communications remain generalized, attributing movements to broad market fluctuations rather than discrete bilateral events.

Where Does KRW to CAD Data Come From?

Exchange rate data aggregates from interbank trading sessions, central bank reference rates, and retail transaction feeds. Wise and Revolut source liquidity from multiple banking partners, while Xe aggregates wholesale market data. Trading Economics compiles institutional feeds for macroeconomic analysis.

Mid-market rates reflect the midpoint between buy and sell prices in the wholesale market, unavailable directly to consumers without provider markup or fees.

Market Data Methodology, Wise

Rates fluctuate continuously due to market conditions; check apps for live updates.

Revolut Currency Converter Guidelines

Key Takeaways on Korean Won to Canadian Dollar Exchange

The KRW to CAD rate currently trades near 0.00095 CAD, having declined 5.02% over the past year with recent weekly volatility between 0.00097 and 0.00099. Users seeking optimal conversion value should monitor mid-market platforms like Wise and Revolut, time transfers after dip stabilization, and account for transaction fees separate from advertised rates. Whether analyzing Apple Watch Series 10 Price in Canada – Latest Retail Prices or preparing for travel, precise currency calculations prevent budget discrepancies.

Frequently Asked Questions