Exchange Rate
1,323.97
Daily Change
-3.2000 -0.24%
Monthly
-3.08%
Yearly
-7.86%
Q4 Forecast
1,325.37
South Korean Won - Summary

The South Korean won traded around 1,324 per dollar, extending gains to its strongest level since October 2024, as Korea’s semiconductor-led export boom continued to underpin foreign-currency inflows. Exports reached a record $120.94 billion in September, up 83.5% year-on-year, driven by a 263% surge in semiconductor shipments. Preliminary data also showed chip exports maintaining strong growth in October, pointing to sustained export receipts that can support the won as exporters convert dollar earnings into local currency. The won’s gains have persisted despite foreign equity outflows and a firmer US dollar, suggesting that domestic dollar supply has outweighed these opposing forces. Meanwhile, elevated oil prices amid continued Middle East tensions remain a risk, as higher energy import costs could increase demand for dollars.

South Korean Won - Stats

The USD/KRW exchange rate fell to 1,324.2100 on October 22, 2026, down 0.22% from the previous session. Over the past month, the South Korean Won has strengthened 3.06%, and is up by 7.84% over the last 12 months. Historically, the USDKRW reached an all time high of 1995 in December of 1997. South Korean Won - data, forecasts, historical chart - was last updated on October 22 of 2026.

South Korean Won - Forecast

The USD/KRW exchange rate fell to 1,324.2100 on October 22, 2026, down 0.22% from the previous session. Over the past month, the South Korean Won has strengthened 3.06%, and is up by 7.84% over the last 12 months. The South Korean Won is expected to trade at 1325.37 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1289.55 in 12 months time.



Crosses Price Day Year Date
USDKRW 1,323.9700 -3.2000 -0.24% -7.86% Oct/22
GBPKRW 1,776.4021 -0.2580 -0.01% -7.12% Oct/22
AUDKRW 932.4424 0.1345 0.01% 0.36% Oct/22
NZDKRW 756.7076 0.2711 0.04% -7.89% Oct/22
KRWJPY 0.1192 0.00002 0.01% 12.35% Oct/22
KRWCNY 0.0050 -0.0000002 -0.004% 1.09% Oct/22
KRWCHF 0.0006 0.0000001 0.01% 11.81% Oct/22
KRWCAD 0.0011 0.0000001 0.01% 8.34% Oct/22
KRWMXN 0.0141 -0.000005 -0.03% 9.45% Oct/22
EURKRW 1,486.5516 -3.8065 -0.26% -10.46% Oct/21
KRWINR 0.0715 0.0001 0.12% 16.32% Oct/21
KRWBRL 0.0038 -0.000005 -0.13% 0.59% Oct/21
KRWRUB 0.0618 -0.0004 -0.67% 8.62% Oct/21
KRWARS 1.1501 0.0005 0.04% 10.47% Oct/21
KRWCZK 0.0163 -0.00003 -0.15% 11.21% Oct/21
KRWDKK 0.0050 0.000001 0.02% 11.50% Oct/21
KRWHUF 0.2452 0.0009 0.37% 4.55% Oct/21
KRWIDR 13.5986 0.0334 0.25% 17.21% Oct/21
KRWMYR 0.0031 -0.000002 -0.06% 4.13% Oct/21
 Currencies
 KRW...
 ...KRW



Related Last Previous Unit Reference
United States Inflation Rate 3.70 3.40 percent Sep 2026
South Korea Inflation Rate 2.90 3.10 percent Sep 2026
South Korea Interest Rate 3.00 3.00 percent Oct 2026
United States Fed Funds Interest Rate 4.00 3.75 percent Sep 2026
South Korea Unemployment Rate 2.60 2.70 percent Sep 2026
United States Unemployment Rate 4.20 4.10 percent Sep 2026

South Korean Won
The USDKRW spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the KRW. While the USDKRW spot exchange rate is quoted and exchanged in the same day, the USDKRW forward rate is quoted today but for delivery and payment on a specific future date.
Actual Previous Highest Lowest Dates Unit Frequency
1324.21 1327.17 1995.00 667.20 1983 - 2026 Daily

News Stream
South Korean Won Hits 2-Year High
The South Korean won traded around 1,324 per dollar, extending gains to its strongest level since October 2024, as Korea’s semiconductor-led export boom continued to underpin foreign-currency inflows. Exports reached a record $120.94 billion in September, up 83.5% year-on-year, driven by a 263% surge in semiconductor shipments. Preliminary data also showed chip exports maintaining strong growth in October, pointing to sustained export receipts that can support the won as exporters convert dollar earnings into local currency. The won’s gains have persisted despite foreign equity outflows and a firmer US dollar, suggesting that domestic dollar supply has outweighed these opposing forces. Meanwhile, elevated oil prices amid continued Middle East tensions remain a risk, as higher energy import costs could increase demand for dollars.
2026-10-19
South Korean Won Strengthens Near 2-Year High
The South Korean won traded around 1,332 per dollar, recovering losses and approaching its strongest level since October 2024, as an easing semiconductor sell-off and renewed appetite for riskier assets lifted the currency. Foreign investors returned to net buying in South Korean equities, purchasing KRW 343.5 billion worth of shares after a prolonged tech-led rout, helping ease concerns over capital outflows. Additionally, Federal Reserve Chair Kevin Warsh's positive assessment of the US economy and AI-driven growth helped revive demand for riskier assets, while declines in US Treasury yields and the dollar offered further support to the won. However, Warsh gave no clear signal on a rate hike this month, while strong US data and inflation concerns reinforced bets on a December hike. Also, persistent AI valuation concerns, Chinese competition in memory chips, and elevated inflation risks remained potential headwinds for Korean markets.
2026-10-16
South Korean Won Extends Losses on Capital Outflows
The South Korean won traded around 1,343 per dollar, extending losses as foreign capital outflows and concerns over AI investments weighed on local markets. Foreign investors withdrew a net $19.97 billion from South Korean stocks and bonds in September, marking an eighth consecutive month of net outflows. The selling persisted into October, with foreign investors offloading KRW 3.6 trillion in local shares on Thursday amid heavy losses in Samsung Electronics and SK hynix, driven by concerns over AI valuations and Chinese competition in memory chips. Additionally, US producer prices rose 1.3% month-on-month in September, the largest increase since March 2022, while annual inflation accelerated to 6.3%, fueling concerns over persistent price pressures and potential Federal Reserve tightening. Meanwhile, a retreat in US Treasury yields and the dollar offered some external relief.
2026-10-16