South Korean Won to Israeli Shekel (KRW/ILS) Exchange Rate Today
Travel moneyToday's rate, how it compares to the last 30 days, and what you'll actually pay to convert.
Mid-market rate - no bank markup 200+ currencies Free
KRW to ILS Conversion Table
Common amounts converted from South Korean Won to Israeli Shekel at today's rate.
| South Korean Won (KRW) | Israeli Shekel (ILS) |
|---|---|
| 1 KRW | — |
| 5 KRW | — |
| 10 KRW | — |
| 25 KRW | — |
| 50 KRW | — |
| 100 KRW | — |
| 250 KRW | — |
| 500 KRW | — |
| 1,000 KRW | — |
| 5,000 KRW | — |
| 10,000 KRW | — |
| 50,000 KRW | — |
How much Israeli Shekel will you actually receive?
Estimated cost to convert KRW 1,000 to ILS with different transfer services. Fees are sourced from published pricing pages and may vary by amount, payment method, and destination.
| Service | Rate | Fee | Total Cost | ILS received |
|---|---|---|---|---|
| Mid-market rate | — | - | - | — |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| Typical bank Mar 2026 | — | — | — | — |
| Bureau de change Mar 2026 | — | — | — | — |
Some links are affiliate links and may earn us a commission at no extra cost to you. This does not affect our ranking - we sort by lowest total cost to you. Fees are estimates based on published pricing and may differ from your actual quote.
Planning a trip? What to know about KRW/ILS
If you are travelling and need Israeli Shekel, the mid-market rate on this page is your benchmark. Your bank, card, or bureau de change will add their own markup. Use the provider comparison table above to see how much you would actually receive. For practical tips on getting the best rate at your destination, see the travel advice section below.
KRW/ILS rate statistics
Is today's KRW/ILS rate good or bad?
We compare today's live South Korean Won to Israeli Shekel mid-market rate against its 30-day and 52-week trading range. When the rate is near the top of its recent range, KRW holders get more Israeli Shekel per unit - a better time to convert. When it is near the bottom, you may want to watch and wait.
The live analysis below updates throughout market hours and shows exactly where today's rate sits in context.
What is the KRW/ILS exchange rate?
The KRW/ILS rate tracks how many Israeli Shekel one South Korean Won buys. South Korea's won reflects the country's export-heavy economy - led by semiconductors, electronics, and automotive manufacturing. Bank of Korea policy and global tech demand are the main drivers.
KRW is issued by the Bank of Korea (BOK) (ranked 11th globally - meaning it's the 11th most bought and sold currency in the world). ILS is issued by the Bank of Israel (BOI) (ranked 25th). Full KRW profile | Full ILS profile
South Korean Won to Israeli Shekel is commonly checked by travellers to Israel and tech workers with connections to Tel Aviv.
Is today's KRW/ILS rate good or bad?
The South Korean Won to Israeli Shekel mid-market rate shown above is the reference price before any provider adds fees or markup. It is not a guaranteed quote - your bank, card issuer, or transfer service will offer a different rate that includes their margin.
On a typical conversion, banks add 2-4% to this rate. The gap between the mid-market rate and what you actually receive is the real cost of converting - often larger than any flat fee. Use the mid-market rate on this page as your benchmark, then compare what your bank or transfer provider actually delivers.
Converting South Korean Won to Israeli Shekel? Read this first
Converting to Korean Won? South Korea's payment landscape is highly digital - credit and debit cards are accepted virtually everywhere. Airport bureau de change offer poor rates; Myeongdong money changers in Seoul or bank ATMs are significantly better. T-money transit cards are prepaid, not linked to your bank.
Watch out: The KRW/ILS rate moves 24 hours a day on weekdays. If you are converting a meaningful amount, compare providers using the mid-market rate on this page as your benchmark.
Frequently asked questions
Is now a good time to convert KRW to ILS?
Timing currency conversions requires comparing the current KRW/ILS rate shown in the rate panel above against your own historical observations and financial needs. The Bank of Korea and Bank of Israel both influence this pair through monetary policy decisions, so tracking their recent statements and interest rate expectations can provide context for where the rate sits today.
Rather than trying to time a perfect conversion, consider your actual travel dates and budget - if you need Israeli Shekels for near-term travel, the timing decision may depend more on your personal circumstances than market conditions. Check the chart above to see how this pair has moved over recent weeks and months.
What moves the KRW/ILS exchange rate?
The KRW/ILS rate responds to interest rate differentials set by the Bank of Korea and Bank of Israel, as well as broader economic data from both economies - South Korea's export-driven manufacturing sector and Israel's tech and defense industries create different economic cycles. Risk sentiment plays a significant role: when global investors favor emerging markets, the Korean Won typically strengthens, while geopolitical tensions affecting the Middle East can influence the Shekel's direction.
Capital flows between Seoul's and Tel Aviv's financial markets, commodity prices (South Korea imports energy while Israel produces oil), and relative inflation rates between the two countries all contribute to daily movements you see in the rate panel above.
Will South Korean Won get stronger or weaker against Israeli Shekel?
No one can reliably predict currency direction - the KRW/ILS pair depends on too many variables that change unexpectedly, from central bank policy shifts to geopolitical events to global risk appetite. Factors to watch include the Bank of Korea's stance on interest rates (which affects Won carry trade flows), the Bank of Israel's inflation management, and broader trends in how investors view emerging market currencies.
Historical patterns show this pair can be volatile during periods of regional tension or significant economic data releases from either country. Use the comparison table on this page to track how the rate has behaved, but remember past performance does not indicate future direction.
How can I avoid fees when converting KRW to ILS?
Compare conversion fees across different providers - banks, online currency exchanges, and travel money services all charge different markups on the mid-market rate shown in the rate panel above. Some online platforms offer lower fees than traditional banks for KRW to ILS conversions, though you'll want to verify their security and regulatory standing.
Avoid exchanging currency at airport kiosks or tourist-heavy locations in Israel, as these typically charge substantially higher margins. Consider converting a larger amount in one transaction rather than multiple smaller ones, since many providers reduce their percentage fee on bigger exchanges.
Should I exchange Israeli Shekel at home or abroad?
Banks in South Korea can convert KRW to Israeli Shekels, but their rates usually include wider markups than what you see in the rate panel above - the Bank of Korea's official exchange rate is typically better than what retail banks offer consumers. If you wait to exchange money in Israel, you'll find better rates at banks and ATMs in Tel Aviv and Jerusalem compared to tourist areas, though you'll pay foreign transaction fees if using a Korean credit card.
Many travelers split their approach: carrying some Shekels exchanged in South Korea for immediate arrival expenses, then using Israeli ATMs or banks for additional currency needs once there. Research your specific bank's fees and the rates they offer before deciding where to convert.
How far does South Korean Won go in Israel?
Israel's cost of living ranks among the world's highest, particularly in Tel Aviv, so your Won will have less purchasing power there than in South Korea - housing, dining, and entertainment costs significantly exceed what you'd pay in Seoul or Busan. The current KRW/ILS rate shown above determines your effective budget; check the comparison table on this page to see how many Shekels you receive per Won, then research Israeli prices for your specific needs.
Daily expenses like coffee, public transit, and casual meals cost considerably more in Israeli Shekels than equivalent items in Korean Won, so budget accordingly for your trip. Budget travel resources specific to Israel can help you estimate realistic daily spending based on the rate conversion.
What is the cheapest way to send KRW to ILS?
Online money transfer services often undercut banks on KRW to ILS transfers, though you should verify each provider's exchange rate markup against the rate panel above and compare their total fees. International wire transfers through the Bank of Korea or major Korean banks typically charge flat fees plus margin on the exchange rate - compare these against fintech platforms that may offer better rates for this specific corridor.
If sending to someone in Israel, services that specialize in emerging market corridors sometimes offer competitive pricing for KRW transfers. Always check the amount your recipient actually receives after all fees - the cheapest advertised rate isn't always the best deal when hidden charges are factored in.
Learn more
- Bank of Korea - Exchange Rates - Official daily KRW rates
- BOI - Exchange Rates - Bank of Israel daily rates
How this rate is calculated
We prefer a direct rate from our primary data source when one is available. If a direct quote is unavailable, we compute a cross-rate through a major intermediary currency (usually USD or EUR). When a rate is derived rather than directly quoted, we label it on the page. Full methodology.