Convert KRW to MNT — live rate

Convert South Korean Wons to Mongolian Tugriks and compare the real cost of sending money.

KRW
MNT
1 KRW = 2.4240 MNT Mid-market rate
Updated just now
Compare transfers for KRW → MNT
No signup required FCA-regulated providers only

Historical KRW/MNT exchange rate

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Rates shown are indicative mid-market rates, updated regularly.

Quick reference: KRW to MNT

1 KRW 2.42 MNT
5 KRW 12.12 MNT
10 KRW 24.24 MNT
50 KRW 121.20 MNT
100 KRW 242.40 MNT
500 KRW 1,212.02 MNT
1,000 KRW 2,424.03 MNT
5,000 KRW 12,120.15 MNT

Real cost of KRW → MNT

Banks (typical) ~2% markup
Specialists 0.3–1% markup

The rate above is the mid-market rate. Banks and providers add their margin on top.

How we calculate costs

Estimated savings

On 1,000 KRW
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

KRW — South Korean Won
ISO Code KRW
Symbol
Central Bank The Bank of Korea
Common Notes ₩1000, ₩5000, ₩10000, ₩50000
Learn more about KRW
MNT — Mongolian Tugrik
ISO Code MNT
Symbol
Central Bank Bank of Mongolia
Common Notes ₮10, ₮20, ₮100, ₮500, ₮1000, ₮5000, ₮10000, ₮20000
Learn more about MNT

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.