The South Korean won rose to around 1,500 per dollar, rebounding from its weakest level since 2009 near 1,517, as easing concerns over global energy disruptions supported sentiment. Developments in the Middle East remained in focus, with tentative progress toward reopening the Strait of Hormuz helping to ease fears of prolonged supply disruptions and extreme oil price volatility. Support for the currency was also linked to Korea’s export outlook, particularly in semiconductors, as expectations of strong earnings and sustained demand for AI-related chips boosted confidence in external balances. Gains in Samsung Electronics and SK hynix reinforced this view, highlighting the sector’s central role in driving foreign inflows. Still, the won’s advance was capped by lingering geopolitical uncertainty after Donald Trump warned of potential military action against Iran if the Strait is not reopened by a set deadline, keeping currency markets cautious amid the risk of renewed volatility.
The USD/KRW exchange rate fell to 1,508.9000 on April 6, 2026, down 0.15% from the previous session. Over the past month, the South Korean Won has weakened 3.23%, and is down by 2.58% 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 April 6 of 2026.
The USD/KRW exchange rate fell to 1,508.9000 on April 6, 2026, down 0.15% from the previous session. Over the past month, the South Korean Won has weakened 3.23%, and is down by 2.58% over the last 12 months. The South Korean Won is expected to trade at 1498.56 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1459.74 in 12 months time.