How much is 1 Won in Vietnamese Dong? Update the latest KRW/VND exchange rate

“How much is 1 Won in Vietnamese Dong?” – this is a question that many Vietnamese people are interested in, especially those who plan to travel, study abroad or trade with Korea. Knowing the KRW/VND exchange rate helps customers be more proactive in exchanging money, planning spending and avoiding risks when making international transactions.

In this article, we will update the latest Korean Won exchange rate, learn about the KRW currency, the conversion formula, as well as how to exchange money safely and quickly at reputable domestic locations.

1. Currency conversion

Before going into more detail, customers can use SeABank's online currency converter to quickly convert according to their needs. Just enter the amount and select the currency, the system will automatically calculate and display the correct results.

>>> Experience the currency converter here: https://www.seabank.com.vn/cong-cu-tien-ich/ty-gia

Note: The displayed results apply the effective exchange rate of SeABank. The results are for reference only and may change depending on the transaction time.

Customers who need to transfer money internationally with competitive exchange rates can make transactions quickly, safely and conveniently via SeAMobile or at SeABank transaction points. Details at: https://www.seabank.com.vn/ca-nhan/thanh-toan-chuyen-tien/chuyen-tien-quoc-te 

2. KRW/VND Exchange Rate and Calculation

Calculation formula:

Similarly, applying the exchange rate of 1 KRW ≈ 19.75 VND, we can convert some popular currency values:

• 1 KRW ≈ 19.75 VND
• 10 KRW ≈ 197.5 VND
• 100 KRW ≈ 1,975 VND
• 1,000 KRW ≈ 19,750 VND
• 1,000,000 KRW ≈ 19,750,000 VND (≈ 19.75 million VND)

Note: The conversion rate is updated according to the latest exchange rate on November 11, 2025 at SeABank. The exchange rate may change when customers make actual transactions at the bank, depending on the time, payment method and policy of each unit.

3. How to update the most accurate KRW/VND exchange rate?

To grasp the KRW/VND exchange rate accurately and promptly, customers can refer to information from the following reliable sources:

• Banking website and application: Most commercial banks in Vietnam update foreign exchange rates continuously in real time. Here, customers can easily look up the cash buying and selling or transfer rates of Won, ensuring accurate information for the purpose of traveling, studying abroad or international transactions.
• Prestigious financial and economic information site: Platforms such as Bloomberg, Reuters, or Vietnamese economic news portals regularly publish exchange rate fluctuations according to world market developments, helping customers track the upward and downward trends of the Won.
• Online conversion tool: Websites and applications such as Google Finance, XE.com, or OANDA support quick calculation tools, allowing customers to instantly convert between KRW and VND at the latest exchange rate, very convenient for estimating costs before each trip.

Track the KRW/VND exchange rate on bank websites or reputable conversion tools.

4. Factors affecting the Korean Won exchange rate (KRW/VND)

The exchange rate between the Korean Won (KRW) and the Vietnamese Dong (VND) is not fixed but fluctuates frequently according to many domestic and foreign economic and financial factors. Below are the main factors affecting the KRW/VND exchange rate:

• Economic situation of Korea and Vietnam: When the Korean economy grows steadily, exports are strong and investment flows increase, the Won tends to appreciate. Conversely, if the economy weakens, the KRW exchange rate may fall against the VND.
• Central bank monetary policy: Decisions such as increasing or decreasing interest rates by the Bank of Korea or the State Bank of Vietnam (SBV) directly affect the strength of the domestic currency, thereby affecting the exchange rate.
• International foreign exchange market fluctuations: KRW is often strongly affected by the USD exchange rate, as the US dollar is the main payment currency in global trade. When the USD strengthens, KRW often weakens and vice versa.
• Bilateral trade and investment flows: South Korea is the leading investor in Vietnam, so the amount of FDI capital and import-export trade between the two countries can increase or decrease the demand for KRW/VND transactions, affecting the exchange rate.
• Regional political and geopolitical factors: Fluctuations such as East Asia regional tensions, trade conflicts, or changes in foreign policies can cause market sentiment to fluctuate, leading to changes in the KRW/VND exchange rate.

The KRW/VND exchange rate depends on the economy, inflation and monetary policy.

The Won – Vietnamese Dong (KRW/VND) exchange rate is an important measure reflecting the economic health, financial and monetary policies and stability of both countries. When the Korean economy grows well, exports are strong, or domestic interest rates are adjusted appropriately, the Won tends to appreciate. Conversely, when the economy is in trouble or the global market fluctuates, the KRW may depreciate against the VND.

5. Address to exchange Korean Won (KRW) reputable, safe, good exchange rate

When there is a need to exchange Korean Won (KRW) to Vietnamese Dong (VND) or vice versa, customers should choose legal and reliable locations to ensure safety, avoid risks of counterfeit money, exchange rate differences or non-transparent transactions. Below are some useful suggestions:

• Licensed gold shops and foreign exchange dealers: Some gold shops and agents licensed by the State Bank to trade foreign currencies provide legal, transparent and safe Won exchange services. Here, customers can easily conduct currency exchange transactions with competitive rates and quick processing times.
• Money exchange counters in airports, supermarkets, shopping malls: These money exchange counters are usually operated by reputable financial institutions, ensuring safety and convenience for tourists. However, the exchange rates here are often less favorable than those of banks or specialized agents, because they include higher service fees.
• Bank: This is the safest and most transparent money exchange address, protected by law. When exchanging money at the bank, customers will enjoy the exchange rate updated according to the market, and have valid documents and invoices after the transaction. This is the optimal choice if customers need to exchange large amounts of money or make transactions related to studying abroad, traveling or international investment.

SeABank provides fast and accurate international money transfer services.

6. Frequently Asked Questions

1. Is there a fee to exchange 1 Korean Won at the bank?
Normally, when exchanging Won at a bank, customers may have to pay a difference in exchange rate or a small transaction fee, depending on the policy of each bank. Some banks may waive the fee if the customer is a loyal customer or makes a high-value transaction.

2. How are the buying and selling rates of Won different?
The buying rate is the price at which the bank buys Won from its customers, while the selling rate is the price at which the bank sells Won to its customers. Normally, the selling rate is always higher than the buying rate to compensate for operating costs and market fluctuations.

3. Does the Won exchange rate change frequently?
Yes. The KRW/VND exchange rate fluctuates according to the foreign exchange market, influenced by monetary policy, the economic situation of Korea - Vietnam and fluctuations of the USD in the world. Therefore, customers should update the exchange rate regularly to trade at the most favorable time.

4. Can I convert Won to VND online?
Yes. Most banks and online financial platforms now support converting Won to Vietnamese Dong via their websites or mobile applications. This is a convenient, fast method, especially useful for those who are abroad or want to check the exchange rate before making a transaction.

5. Does converting Won to VND require identity verification?
For online transactions or large amounts of money, banks often require verification of personal information or accounts to ensure compliance with legal regulations and anti-money laundering. For small transactions at the counter, the process will be simpler but still require valid identification (ID card/CCCD/passport).

With the above information, customers have a detailed answer to the question "How much is 1 Won in Vietnamese Dong", along with useful knowledge about exchange rates, conversion methods and reputable currency exchange addresses. Regularly monitoring the KRW/VND exchange rate will help customers be more proactive in their spending plans, studying abroad, traveling or investing internationally, while avoiding risks due to market fluctuations.

If you want to transfer money internationally or learn more about SeABank products, you can contact the nearest transaction point or call Hotline 1900 555 587 or visit the website www.seabank.com.vn for more details.