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USD/KRW Forex

USDKRWUSD/KRW
In Progress
1,358.6957 -16.8202 -1.22% As of 09-22 02:24 (UTC-4)

USD/KRW News

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USD/KRW Summary

The USD/KRW is the currency pair that represents the exchange rate between the United States Dollar (USD) and the South Korean Won (KRW). It specifies how many Korean won are required to purchase one US dollar. As one of the most liquid and actively traded currency pairs involving an Asian emerging market currency, the USD/KRW is a key component of the global foreign exchange (Forex) market, reflecting the economic relationship between the United States and the Republic of Korea.

The pair's value is a critical barometer of South Korea's export-oriented economy, which is a global leader in semiconductors, electronics, and automotive manufacturing. Consequently, the USD/KRW exchange rate is highly sensitive to global trade flows, commodity prices (especially oil), and the performance of the technology sector. Key drivers include the monetary policies of the U.S. Federal Reserve and the Bank of Korea (BOK), particularly interest rate differentials between the two nations. Economic indicators such as GDP growth, inflation, and employment data from both countries, as well as geopolitical developments on the Korean Peninsula, can also induce significant volatility.

For investors in the cryptocurrency and broader macro space, the USD/KRW pair offers valuable insights into risk sentiment in Asian markets and the global tech industry. A strengthening won (a falling USD/KRW) often coincides with a 'risk-on' environment, which can be favorable for growth assets like tech stocks and digital currencies. Conversely, a weakening won (a rising USD/KRW) may signal 'risk-off' sentiment, potentially driving capital towards safe-haven assets. The pair's connection to the semiconductor cycle also makes it a relevant indicator for the hardware infrastructure that underpins the digital economy.
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Key Statistics
Prev Close1,375.5158
Open1,365.1877
52-Week Range
1,334.48001,560.0624
1Y Change-2.45%
YTD-5.84%
Quote1 US Dollar = 1,358.6957 South Korean Won
52-Week High10.7%
Last 30 days-1.77%
StatusIn Progress
As of09-22 02:24 (UTC-4)