This is the rate that will apply when you sell South Korean Won currency on BookMyForex.com. The amount of INR (Indian Rupees) you'll recieve will be as shown below
Conversion is calculated using the highest KRW-INR Selling rate across India. To see the most accurate rate select the city in the drop down above
This is the rate that will apply when you buy South Korean Won currency on BookMyForex.com. The amount of INR (Indian Rupees) you'll recieve will be as shown below
Conversion is calculated using the highest KRW-INR Buying rate across India. To see the most accurate rate select the city in the drop down above
In case you are planning to visit South Korea and looking out to buy/sell south Korean currency, now you can buy it online or convert KRW to INR and get it delivered to your home at BookMyForex. South Korean Won is the official currency of South Korea and abbreviated as KRW (Korean Republic Won) in the international currency exchange markets.
The currency exchange market is highly regulated in India. Though you can buy/sell South Korean Won or convert KRW to INR in India from various banks, local money changers or at the airport itself. However, buying foreign currency from these places can be an arduous task in terms of higher forex rate, various currency conversion charges, multiple branch visits and going through a complex documentation process.
On the other hand, BookMyForex guarantees for providing foreign exchange at the best rates, allows its customer to check exchange rate online, book forex order online, upload RBI mandated documents online and also delivers your foreign exchange at your doorstep. This way, BookMyForex not just saves money for its customers but also ensures a hassle-free experience in buying foreign exchange.
|KRW Interbank Rate||0.0662|
|KRW Forex Card Buy Rate||N/A|
|KRW Currency Buy Rate||0.07|
|KRW TC Buy Rate||N/A|
|KRW Forex Card Sell Rate||N/A|
|KRW Currency Sell Rate||N/A|
|KRW TC Sell Rate||N/A|
|KRW DD Remit Rate||N/A|
|KRW TT Remit Rate||N/A|
|Exchange Rate||At Live Rates (Dynamic)||At Fixed Rates|
|Exchange Rate Margin||Low||High|
|Online Order Facility||Yes||No|
|Rate Alert Feature||Yes||No|
In order to buy/sell South Korean Won or convert INR to KRW at BookMyForex, you can follow the following steps:
- Step 1: Visit BookMyForex website and enter the currency and the amount that you want to exchange. In this case, you can select INR and KRW as the currencies.
- Step 2: Share your basic travel details like travel destinations, the number of people travelling, purpose of travel, etc. and upload the RBI mandated KYC documents.
- Step 3: Make an online payment of the amount to be converted and get confirmation on completion of your order.
- Step 4: Once you get the confirmation, you are eligible to get the foreign exchange currency. The next step is to either opt for a door delivery or visit the nearest store to collect the currency.
BookMyForex can be your one-stop solution for your entire foreign exchange requirement. Now get away with all your worries about currency requirement with the doorstep delivery facility of foreign exchange with BookMyForex.
The foreign exchange market is regulated by the Reserve Bank of India. As per the guidelines, the following documents are required to convert KRW to INR or any other foreign exchange in India:
In order to provide a seamless experience to its customers while buying foreign exchange, BooKMyForex provides the facility to upload these documents online with the comfort of your own home.
As per the Liberalized Remittance Scheme (LRS) of the RBI, resident individuals are allowed to remit the US $ 2.5 lakh or its equivalent in a financial year. However, this is the cumulative limit of foreign exchange conversion in a financial year. Suppose you have already transferred US $ 1 lakh as remittance to some foreign country in the current financial year, then you are eligible to convert US $ 1.5 lakh in the year which is the residual amount of LRS limit.
Though you can buy the foreign currency from multiple places such as from the nearest bank, local foreign exchange vendor or even airports. However, it may cost you higher because of inherent fixed costs involved with these foreign exchange avenues.
On the other hand, if you buy or sell your foreign exchange online through a trusted source such as BookMyForex, it not only saves you money but also provides you with the benefit of executing your transaction from the comfort of your home. Further, you can check the live currency exchange rate online and lock your transaction at a particular exchange rate.