KRW 500 = CHF 0.315
Convert1 KRW = 0.00063 CHF | 1 CHF = 1587.30159 KRW
Last Updated Feb 14, 5:30 ISTOur converter applies the mid-market rate. It is solely for informational purposes. The Rate might differ while transferring money.
KRW to CHF Exchange Rate Chart
1 KRW = 0.00063 CHF
The exchange value of 500 KRW in Swiss Franc is 0.315 CHF as on Feb 14.
You can check the exchange rate of 500 South Korean Won to Swiss Franc by using the Paytm currency exchange rate calculator.
All you need to do to see the exchange 500 KRW to CHF online is as follows:.
There are several online ways to convert KRW to CHF.
Most banks in India allow KRW to CHF conversion through their internet banking or mobile apps.
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Apps like Wise, PayPal, and Western Union allow KRW to CHF conversion quickly.
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A Forex card is a prepaid card that holds multiple currencies, including KRW.
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Some people use crypto exchanges to convert USD to INR through Bitcoin, Ethereum etc.
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There are several offline methods to exchange KRW to CHF. Let‘s explore them.
1. Banks
Banks offer currency exchange services at competitive rates. You need to visit a branch with your KRW cash and exchange it for CHF.
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Private money exchange centers, like Thomas Cook, Muthoot Forex, and Western Union, offer offline KRW to CHF conversion.
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Airports have forex counters where travelers can exchange KRW to CHF.
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Some hotels and travel agencies offer currency exchange services for guests.
Steps to Exchange KRW to CHF at a Hotel or Travel Agency:
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In busy markets and tourist spots, you may find local money changers who exchange KRW for CHF
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Most offline exchanges require identity proof. Here are the common documents needed:
Document Type | Required For |
---|---|
Passport | All exchanges (mandatory for foreigners) |
Always carry a valid ID when exchanging currency.
Method | Exchange Rate | Transfer Fee | Availability | Speed |
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Bank Transfer | Low | Low | Limited hours | 1-3 days |
Any Third Party App | High | Low | 24/7 | Instant/Few minutes |
Forex Card | Medium | Low | 24/7 | Instant |
Crypto Exchange | High | Low | 24/7 | Few minutes |
Exchange Centers | Good | Medium | Widely available | Few minutes |
Airport Counters | High | High | 24/7 at airports | Few minutes |
Hotels/Agencies | Very High | Medium | Only for guests | Few minutes |
Local Money Changers | Varies | Low | Risky but quick | Few minutes |
Converting South Korean Won (KRW) to Swiss Franc (CHF) offers several advantages, depending on your financial needs and market conditions. Here are some key benefits:
KRW is a strong and widely traded currency. If the exchange rate is favorable, converting KRW to CHF can give you more value for your money.
Since 1 KRW equals a significantly higher amount in CHF, converting KRW to CHF increases your purchasing power, allowing you to afford more goods and services in Switzerland.
If you‘re an NRI, tourist, or returning from the Korea (South), converting KRW to CHF ensures you have local currency for daily expenses, shopping, and travel within Switzerland.
Converting KRW to CHF can help you invest in Switzerland assets, such as real estate, stocks, mutual funds, and fixed deposits, which often offer higher returns compared to Korea (South) markets.
Using a direct KRW to CHF conversion method (like Forex cards or money changers) helps avoid unnecessary fees and unfavorable exchange rates charged by international payment gateways or credit card companies.
For businesses involved in international trade, converting KRW to CHF at the right time can help optimize costs, manage foreign exchange risks, and improve profit margins.
By choosing the right conversion method and timing, you can maximize the benefits of KRW to CHF exchange.
Source of the rates:apilayer.com