Need to convert 1 million Korean won to PHP? Whether you’re sending money, traveling, or just curious, this guide will help you understand the real exchange value of ₩1,000,000 in Philippine Peso (PHP).
1 Million Won to PHP Today (Real Rate)
As of July 8, 2025, the exchange rate on AdamMag is:
₩1 = ₱0.0414 PHP
So:
₩1,000,000 = ₱41,400 PHP
✅ This is based on live mid-market rates, which are often better than what banks or money changers offer.
Quick Korean Won to Peso Conversion
| Korean Won (KRW) | Estimated PHP (Philippine Peso) |
|---|---|
| ₩100,000 | ₱4,140 |
| ₩500,000 | ₱20,700 |
| ₩1,000,000 | ₱41,400 |
| ₩2,000,000 | ₱82,800 |
| ₩5,000,000 | ₱207,000 |
If you want updated rates for converting Korean Won to Philippine Peso, use trusted sources like:
Wise offers transparent rates with no hidden fees, making it one of the best platforms to check real-time currency values.
How to Convert KRW to PHP
You can convert Korean won to PHP through:
- Online platforms (Wise, Remitly, Western Union)
- Local banks in Korea or the Philippines
- Money changers (rates vary)
- Apps like GCash, Maya (for receiving PHP in PH)
Always compare rates and fees before converting.
Example Calculation (Manual)
To calculate manually:
Amount in KRW × Exchange Rate = PHP
So,
₩1,000,000 × 0.0414 = ₱41,400
Easy math if you want to estimate any amount.
Traveling from Korea to Philippines?
If you’re visiting the Philippines and holding ₩1 million, expect to get around ₱41,400. It’s good to bring a little extra to cover airport transfer fees or emergency cash needs. You can exchange your KRW at:
- Philippine airports (lower rates)
- Money changers in malls (better rates)
- Use card or digital wallets (Wise debit card works globally)
Tips Before You Exchange
- Always check rates online first (Wise, Google, GCash)
- Avoid last-minute exchange at the airport
- Compare at least 2–3 services before choosing
- Never exchange with strangers or unlicensed changers
FAQ:
Q: Is ₩1,000,000 a lot in the Philippines?
A: It’s around ₱41,400, which is enough for basic monthly expenses in many provinces.
Q: Can I receive KRW in the Philippines?
A: Most money transfer services auto-convert to PHP.
Q: Is Wise reliable for currency exchange?
A: Yes, Wise uses real mid-market rates and is trusted worldwide.
Final Thoughts
As of today, ₩1,000,000 Korean Won is equal to ₱41,400 in Philippine Peso. Whether you’re sending money, traveling, or shopping online, always check the live rate to get the best deal.