About the KRW to USD exchange rate

Today's KRW-USD Commentary

During the past 14 days period, we can see a very significative difference (2.07%) between the maximum level of KRW 1 = USD 0.0008 reached last Monday and the lowest value of KRW 1 = USD 0.0008 we recorded on June 23. In spite of all these heavy fluctuations, the current KRW-USD exchange rate is actually in the vicinity of its average level of the last two weeks. Exchanging 1,500 South Korean wons at today's latest interbank exchange rate gives you USD 1, it would have converted into USD 1 last Monday but only USD 1 on June 23.

Key facts about KRW and USD

• About the South Korean won

  Name:

  South Korean won

  Symbol:

  ₩

  Minor unit:

  1/100 Jeon

  Central Bank:

  The Bank of Korea

  Countries:

  Rank in the most traded currencies:

  #15

• About the US dollar

  Name:

  US dollar

  Symbol:

  $

  Minor unit:

  1/100 Cent

  Central Bank:

  Federal Reserve Bank

  Countries:

  United States, American Samoa

  Rank in the most traded currencies:

  #1

South Korean wons (KRW) and US dollars (USD) exchange rates with other main currencies