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How it works
- Korean prices are quoted in 만 (man), which means 10,000. ₩1,000,000 is 100 man, so a price tag shows 100만원 and people say 백만 원 (baengman won).
- If the won weakens by 1% against the dollar, ₩1,000,000 buys 743.26 USD, which is 7.44 USD less.
₩1,000,000 in seven currencies
| Currency | ₩1,000,000 |
|---|---|
| US dollar (USD) | 750.70 USD |
| Euro (EUR) | 667.11 EUR |
| Japanese yen (JPY) | 118,624.96 JPY |
| Chinese yuan (CNY) | 5,019.31 CNY |
| British pound (GBP) | 562.94 GBP |
| Australian dollar (AUD) | 1,078.78 AUD |
| Canadian dollar (CAD) | 1,063.03 CAD |
European Central Bank reference rate of October 16, 2026, no fee. 1 USD = ₩1,332, 100 JPY = ₩843.
FAQ
How much is 1,000,000 won in US dollars?
About 750.70 USD at the European Central Bank reference rate of October 16, 2026, before any bank fee.
How do you say 1,000,000 won in Korean?
백만 원 (baengman won). Prices and banking apps usually write it as 100만원.
How much is 1,000,000 won in euros or yen?
About 667.11 EUR or 118,624.96 JPY at the same rate.
Sources
- European Central Bank, euro foreign exchange reference rates, published once each business day around 16:00 Central European time. Won rates are cross rates from the euro, fetched through frankfurter (api.frankfurter.dev)
- Saved rate table of October 16, 2026, the same one the Korean exchange rate pages use
- Foreign Exchange Transactions Act (외국환거래법) Article 17 and its Enforcement Decree Article 31: carrying means of payment worth more than 10,000 US dollars into or out of Korea must be declared. Korea Customs Service guide (customs.go.kr)
Rules last checked on October 12, 2026.
Not included
- Bank cash and transfer rates, and their fees
- Card foreign transaction fees
- Live market rates and past dates