Korean Won Converter for Home Prices and Rent
₩100 million (1억원) is about $74,695 and ₩1 billion (10억원) is about $746,949 at the Oct 6, 2026 rate. Type any amount the way Korean listings write it: 3억, 5,000만 or 5000/150.
$74,695
₩100,000,000 · 1억원
1 USD = ₩1,339 · ECB reference rate, Oct 6, 2026
Monthly rent amounts in won
| Korean won | USD |
|---|---|
| ₩500,00050만원 · 500 thousand | $373 |
| ₩1,000,000100만원 · 1 millionRentals up to ₩1M a month › | $747 |
| ₩1,500,000150만원 · 1.5 millionRentals up to ₩1.5M a month › | $1,120 |
| ₩2,000,000200만원 · 2 millionRentals up to ₩2M a month › | $1,494 |
| ₩3,000,000300만원 · 3 millionRentals up to ₩3M a month › | $2,241 |
| ₩5,000,000500만원 · 5 millionRentals up to ₩5M a month › | $3,735 |
| ₩10,000,0001,000만원 · 10 millionRentals up to ₩10M a month › | $7,469 |
Deposit and purchase amounts in won
| Korean won | USD |
|---|---|
| ₩10,000,0001,000만원 · 10 million | $7,469 |
| ₩50,000,0005,000만원 · 50 million | $37,347 |
| ₩100,000,0001억원 · 100 million | $74,695 |
| ₩300,000,0003억원 · 300 millionHomes for sale up to ₩300M › | $224,085 |
| ₩500,000,0005억원 · 500 millionHomes for sale up to ₩500M › | $373,474 |
| ₩1,000,000,00010억원 · 1 billionHomes for sale up to ₩1B › | $746,949 |
| ₩2,000,000,00020억원 · 2 billionHomes for sale up to ₩2B › | $1,493,897 |
| ₩3,000,000,00030억원 · 3 billionHomes for sale up to ₩3B › | $2,240,846 |
| ₩5,000,000,00050억원 · 5 billionHomes for sale up to ₩5B › | $3,734,744 |
| ₩10,000,000,000100억원 · 10 billionHomes for sale up to ₩10B › | $7,469,487 |
ECB reference rate, Oct 6, 2026 · Banks and transfer services add their own margin, so the amount you receive will differ.
How prices are written in Korea
Korean groups digits in fours, not threes. 만 (man) is 10,000 and 억 (eok) is 100,000,000, so ₩350,000,000 is written 3억 5,000만원 and ₩1 billion is written 10억원. Sale prices and jeonse deposits are almost always quoted in 억.
Monthly rentals are usually written as two numbers, deposit/rent, both in 만원 (10,000 won): 1000/65 means a ₩10,000,000 deposit and ₩650,000 a month. The converter above reads both forms.
Common questions
How much is 1 billion won in US dollars?
₩1 billion (10억원) is about $746,949 at the current reference rate. For scale, the average apartment in Seoul sells for roughly ₩1.2B.
How much is 100 million won in US dollars?
₩100 million is written 1억원 in Korea and is about $74,695. Sale prices in Seoul are usually quoted in multiples of it: 12억 means ₩1.2 billion.
What do 억 and 만 mean?
만 (man) is 10,000 and 억 (eok) is 100,000,000. So 1 million won is 100만원, 100 million won is 1억원, and 1 billion won is 10억원.
What does 5000/150 mean on a Korean rental listing?
It means a ₩50,000,000 deposit and ₩1,500,000 rent a month: both numbers are in 만원 (10,000 won). Type it into the converter as it is and it converts both amounts.
Which exchange rate does the converter use?
European Central Bank reference rates, published every business day, through the Frankfurter service. Banks and transfer services add their own margin, so the amount you receive will differ.