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.



Crosses Price Day Year Date
USDKRW 1,508.9000 -2.2200 -0.15% 2.58% Apr/06
EURKRW 1,736.1441 -4.3639 -0.25% 8.61% Apr/06
GBPKRW 1,995.6713 -0.5786 -0.03% 6.66% Apr/06
AUDKRW 1,043.3088 1.3915 0.13% 18.53% Apr/06
NZDKRW 861.9445 2.1172 0.25% 5.99% Apr/06
KRWJPY 0.1060 0.0003 0.28% 5.43% Apr/06
KRWCNY 0.0046 0.000001 0.03% -8.72% Apr/06
KRWCHF 0.0005 -0.000001 -0.17% -9.42% Apr/06
KRWCAD 0.0009 -0.000001 -0.06% -4.78% Apr/06
KRWMXN 0.0118 -0.00005 -0.39% -16.20% Apr/06
KRWINR 0.0618 0.0004 0.64% 5.42% Apr/06
KRWBRL 0.0034 0.00001 0.29% -14.53% Apr/06
KRWRUB 0.0525 -0.0004 -0.80% -9.27% Apr/06
KRWARS 0.9203 -0.0011 -0.12% 25.13% Apr/06
KRWCZK 0.0141 -0.0001 -0.61% -11.19% Apr/06
KRWDKK 0.0043 0.0000002 0.01% -7.94% Apr/06
KRWHUF 0.2191 -0.0019 -0.86% -14.10% Apr/06
KRWIDR 11.3114 0.0647 0.58% -1.41% Apr/06
KRWMYR 0.0027 0.00001 0.36% -11.93% Apr/06



Related Last Previous Unit Reference
South Korea Inflation Rate 2.20 2.00 percent Mar 2026
United States Inflation Rate 2.40 2.40 percent Feb 2026
South Korea Interest Rate 2.50 2.50 percent Mar 2026
United States Fed Funds Interest Rate 3.75 3.75 percent Mar 2026
United States Unemployment Rate 4.30 4.40 percent Mar 2026
South Korea Unemployment Rate 2.90 3.00 percent Feb 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
1508.90 1511.12 1995.00 667.20 1983 - 2026 Daily

News Stream
South Korean Won Gains as Energy Pressures Ease
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.
2026-04-06
South Korean Won Trades Near 2009 Lows
The South Korean won traded around 1,500 per dollar, remaining close to its lowest since March 2009, as hopes for a quick resolution to the Iran war faded, weighing on risk sentiment. In a rare prime-time speech, President Donald Trump gave no clear timeline for ending the Middle East conflict, noting that the US had nearly met its strategic goals in Iran but warning that military operations could intensify over the next two to three weeks. The statement also lifted the US dollar, adding pressure on currencies. Meanwhile, South Korea’s inflation rose to 2.2% in March, above the central bank’s 2% target, highlighting mounting inflationary pressures driven by rising energy costs from the Iran conflict. Earlier this week, Shin Hyun-song, nominee to lead the Bank of Korea, said the central bank should maintain flexible monetary policy to manage these risks but downplayed concerns over the won, noting that market liquidity remains solid.
2026-04-02
South Korean Won Remains Under Pressure
The South Korean won fell to around 1,516, hovering near its weakest levels since 2009, as investors reacted to heightened geopolitical uncertainty ahead of Donald Trump’s scheduled address on the Middle East conflict. Trump indicated that the US could withdraw from Iran relatively quickly while retaining the option for limited strikes, and claimed the US is “better prepared” to handle the economic impact of the conflict. Additional downside pressure came from sustained capital outflows, with heavy net selling by foreign investors, amplifying demand for the greenback and weighing on the currency. The Bank of Korea has signaled readiness to intervene if volatility intensifies, helping to contain further losses. The won is likely to trade in a narrow range in the near term.
2026-04-01