About the won sud-coreean to dolar american exchange rate
The KRW/USD pair shows how many dolar american (USD) one won sud-coreean (KRW) buys. Eulerpool publishes the live mid-market rate together with a converter, a one-year chart and conversion tables so you can value cash, invoices and investments in both currencies.
KRW/USD is quoted as USD per one KRW. At 0,0007, 1 KRW equals 0,0007 USD and 1 USD equals 1.350,13 KRW. The inverse pair is USD/KRW.
The rate moves with interest-rate differentials, inflation, growth and capital flows between the won sud-coreean and dolar american areas. Treasury teams, investors and travelers use KRW/USD to convert prices, hedge FX risk and compare returns.
How KRW/USD is quoted
In KRW/USD, KRW is the base currency and USD is the quote currency: the price is how many dolar american buy one won sud-coreean. A rise in KRW/USD means won sud-coreean strengthened against dolar american; a fall means won sud-coreean weakened.
What drives the won sud-coreean to dolar american rate
The KRW/USD rate mainly reflects the policy-rate gap, relative inflation, current-account balances and risk appetite between the won sud-coreean and dolar american economies. CPI, employment, GDP surprises and central-bank decisions typically cause the largest daily moves.