Effective rate vs. mid-market rate?

The mid-market is a wholesale benchmark; the effective rate adds each channel’s spread and fees so it shows what you actually receive.

Travelog vs. WONplus — which wins?

It depends on currency, timing, and usage pattern. The tool runs both at the same inputs so the winner is obvious at a glance.

Are airport / Myeongdong kiosks really pricier?

Incheon airport typically runs 1.7–2.0% above mid-market, while Myeongdong runs 0.4–0.8%. The tool applies these average spreads per currency.

Are the alerts push notifications?

No. There is no push backend — the tool flashes a "target reached" badge on your next visit. Targets live in localStorage.

Should I just follow the recommendation?

Live rates move every 1–5 minutes — re-check large amounts right before paying. The tool is decision support, not a real-time quote.

Real Estate & Tax · 🇰🇷 Korea

KR FX Rate Effective Comparator

LIVE

Compare Korean FX rates across banks, exchanges, travel wallets, and cards in one view.

Open the tool

About this tool

KR FX Rate Effective Comparator compares the actual amount received when converting the same KRW into the same currency across every Korean channel — banks at 0 / 50 / 90% preferential, Myeongdong and Incheon-airport exchanges, Hana Travelog / Woori WONplus / EXK travel wallets, and VISA / Mastercard / AMEX overseas-payment cards. Instead of a single mid-market rate, it applies each channel’s spot, telegraphic, cash, or card rate plus its fee for a true "effective rate." Trip presets (Japan, U.S., Europe), trip-length × daily-budget totals, and target-rate alerts (saved in localStorage) all run in one view. All math is in-browser; no card or account credentials are ever entered.

Use cases

Scenario 1

Japan trip ₩1M conversion

For an 8-day Japan trip exchanging ₩1M to JPY, compare Myeongdong cash, Hana Travelog, and VISA card to find the highest yen received.

Scenario 2

U.S. trip — card vs travel wallet

For a U.S. business trip, simulate splitting daily card spend (VISA / AMEX) and cash withdrawal (Travel Wallet USD) for the lowest blended cost.

Scenario 3

Month-long Europe budget

Multiply 30 days × ₩120k/day for a Europe month-stay, convert to EUR, and see the cumulative savings of 90%-preferential bank rate vs. Myeongdong cash.

Scenario 4

Target-rate alert for "good moment" buying

Save a target-rate alert (e.g., JPY 100 < ₩870) and check the auto-comparison on the next visit.

Scenario 5

Small remittance vs. cash exchange

Compare remitting ₩500k as USD vs. exchanging cash at a kiosk on an effective-rate basis.

Features

8 currencies × 12+ channels compared on effective rates
Bank preferential 0 / 50 / 90% lines side-by-side
Travelog / WONplus / EXK / Travel Wallet compared together
Auto-multiply days × daily budget for total trip FX
Target-rate alerts saved in localStorage
One-click copy of results or share URL for family
In-browser only — no card or account credentials

Frequently asked

Q. Effective rate vs. mid-market rate?: A. The mid-market is a wholesale benchmark; the effective rate adds each channel’s spread and fees so it shows what you actually receive.
Q. Travelog vs. WONplus — which wins?: A. It depends on currency, timing, and usage pattern. The tool runs both at the same inputs so the winner is obvious at a glance.
Q. Are airport / Myeongdong kiosks really pricier?: A. Incheon airport typically runs 1.7–2.0% above mid-market, while Myeongdong runs 0.4–0.8%. The tool applies these average spreads per currency.
Q. Are the alerts push notifications?: A. No. There is no push backend — the tool flashes a "target reached" badge on your next visit. Targets live in localStorage.
Q. Should I just follow the recommendation?: A. Live rates move every 1–5 minutes — re-check large amounts right before paying. The tool is decision support, not a real-time quote.

Sources / references

Related guides / blog posts

Related tools

🇰🇷 Korea

Dual-Income DSR Calculator (Korea)

Top 2LIVE

Compare solo, joint, and spouse-only mortgage limits under Korea’s 2026 Stress DSR Phase 3.

Stress DSR Phase 3
Dual-income scenario
Couple mortgage

Open tool →

🇰🇷 Korea

Jeonse Risk Score (Korea)

Top 5LIVE

Score the risk of a Korean jeonse deposit using debt ratio, auction recovery, and HUG/SGI insurance eligibility — in under a minute.

Debt ratio
Auction recovery
HUG/SGI eligibility

Open tool →

🇰🇷 Korea

Gift vs. Sell vs. Hold (Korea Property Tax)

Top 7LIVE

Compare after-tax proceeds across sell, gift, and 10-year hold scenarios for Korean property.

Capital gains tax
Gift tax
Multi-home surcharge
Long-term deduction

Open tool →

🇰🇷 Korea

Jeonse Deposit Insurance Eligibility Checker

Top 5LIVE

Real-time check on HUG/SGI/HF Korean jeonse insurance eligibility with rejection reasons and fees.

HUG
SGI
Official price 126%

Open tool →

🇰🇷 Korea

Korean Capital Gains Scenario Comparator

Top 6LIVE

4 scenarios compared: sell now, 1y later, 10y later, or gift. Korean capital gains tax with long-hold discount and 2026 multi-home surcharge.

Single home
Long-hold discount
Multi-home surcharge

Open tool →

How we run it / disclaimer

This tool is advisory and does not constitute legal, tax, medical, or financial advice. All calculations and document generation run in your browser; inputs are never sent to a server. Ads follow Google AdSense policy and are kept separate from tool accuracy.