500 EUR to KRW – Convert 500 Euros to South Korean Won
Convert 500 EUR to KRW at the live mid-market exchange rate. Rateflare ensures you have today’s latest Euros to South Korean Won rate before making a transfer.
500 EUR = 824,445.00 KRW
Mid-market exchange rate
1 EUR = 1,648.89 KRW
Euro to South Korean Won Exchange Rates Today
See how much Euros converts to South Korean Won with today’s live mid-market exchange rate. For example, 500 Euros = 824,445.00 South Korean Won.
Factors Influencing EUR to KRW Exchange Rate
Learn the main factors affecting the EUR to KRW exchange rate. Explore how economic indicators, central bank policies, and geopolitical events influence Euro to South Korean Won currency fluctuations.
Interest Rates & Monetary Policy
The policies of central banks, including interest rate changes, play a major role in the value of EUR and KRW.
Inflation & Economic Data
Economic data such as inflation, GDP, and employment rates can significantly affect the EUR to KRW exchange rate.
Geopolitical Events
Political developments, trade agreements, and international conflicts may create volatility in EUR and KRW.
Market Sentiment & Risk Appetite
Investor confidence and global risk perception influence the demand for EUR and KRW, affecting short- and long-term trends.
Top Reasons People Convert 500 EUR to KRW
Here are some common reasons people convert 500 Euro to South Korean Won, such as travel, education, or working abroad.
Travel: EUR → KRW for tourism
Convert your Euros to South Korean Won quickly, safely, and easily for travel expenses such as hotels, food, and transportation in South Korea.
Education: Paying tuition in South Korean Won
Students studying in South Korea can easily convert their EUR to KRW to conveniently cover tuition fees, living costs, and other essential expenses.
Working in Eurozone countries: Send EUR Home
Working in Eurozone countries, you can easily convert your earned Euros and safely send them back home to support your family or savings.
Sending 500 EUR to KRW: How Much Your Recipient Gets
These estimates are based on mid-market rates. The actual amount your recipient receives when sending 500 Euros to South Korean Won may be lower due to provider markups and fees — always compare providers to see the real value.
Exchange Rate Markups When Sending 500 Euros to South Korean Won
Money transfer companies usually don’t use the true mid-market rate. They add small markups on Euros to South Korean Won transfers, which quietly reduces the total amount your recipients receive. Even a 2% markup can mean that when sending 500 Euros, your recipients may get roughly 16,488.90 South Korean Won less — just because of hidden margins.
Transfer Fees Affect The Received Amount When Sending 500 EUR to KRW Transfers
Besides exchange rate margins, your recipient may lose approximately 8,244.45 South Korean Won when sending 500 Euros. This calculation assumes a 1% fee on the mid-market rate of 1 EUR = 1,648.89 KRW.
Compare Providers to See the Exact Amount When Sending 500 EUR to KRW Transfers
Sending 500 Euros to South Korean Won, estimated received amounts from top providers: BNP Paribas received amount is 787,892.00 KRW, OFX received amount is 778,634.00 KRW, Xoom received amount is 795,337.00 KRW.
Compare Providers When Sending 500 EUR to KRW Transfers
Compare top money transfer providers for sending 500 EUR to KRW. Based on the current mid-market rate of 1 EUR = 1648.890 KRW. Always compare providers to get the best rate.
Currency Information
Learn key details about EUR and KRW, including currency symbols, countries using them, and current exchange rates to help you make informed conversions.
EUR - Euro
Euro (EUR) is the currency of Eurozone countries. Its currency code is EUR and the symbol is €. On this page, check the current exchange rate for Euro (EUR) to South Korean Won (KRW) and get key details to help with your currency conversions.
KRW - South Korean Won
South Korean Won (KRW) is the official currency of South Korea, represented by the currency code KRW and the symbol ₩. On this page, you can see the current exchange rate between Euro (EUR) and the South Korean Won (KRW) and get key information to help with currency conversions.
Top Currency Pairings for Euro (EUR)
Explore the most commonly exchanged currency pairs for EUR, including KRW, INR, THB, and 40+ other currencies. Quickly see which currencies are most popular for international transfers and conversions.
FAQs for Sending 500 EUR to KRW
Find answers to common questions about sending 500 Euro to South Korean Won using our currency converter.
How much is 500 Euro in South Korean Won?
500 EUR equals approximately 824,445.00 KRW based on the latest mid-market rate from Wise.
What is the live EUR to KRW exchange rate today?
The live mid-market exchange rate for EUR to KRW is 1648.8900. This rate is provided by Wise and represents the real mid-market value without any markup.
Why does the received amount differ between money transfer providers when sending 500 Euro to South Korean Won?
The amount your recipient receives can vary by provider due to exchange rate markups and fees. For sending 500 Euros to South Korean Won, estimated received amounts from top providers: BNP Paribas would deliver roughly 787,892.00 South Korean Won, OFX would deliver roughly 778,634.00 South Korean Won, Xoom would deliver roughly 795,337.00 South Korean Won.
How can I compare exchange rates for 500 Euro to South Korean Won?
To compare exchange rates for sending 500 Euros to South Korean Won, top providers offer the following rates: BNP Paribas offers a rate of 1 EUR = 1624.5200 KRW, OFX offers a rate of 1 EUR = 1589.0493 KRW, Xoom offers a rate of 1 EUR = 1600.2432 KRW.
Does the rate include any fees or markups when converting Euros to South Korean Won?
No, the rate shown in the currency converter for converting Euros to South Korean Won is the true mid-market rate and does not include any provider fees or markups. Individual providers may add fees or markups when you actually send money.
Where can I find the best EUR to KRW conversion rate right now?
The currency converter shows the true mid-market rate for converting Euros to South Korean Won. To see which provider offers the best rate after fees and markups, check out our Compare module where you can view estimated received amounts from Wise, Remitly, OFX, Xoom, and various banks.