The South Korean won traded near 1,525 per dollar, extending gains for a third straight session, as authorities stepped up efforts to stabilize the foreign exchange market. The Bank of Korea and the Financial Supervisory Service launched joint inspections of major foreign-exchange banks for the first time in 14 years, following recent warnings against excessive volatility and speculative trading. Authorities said the inspections would examine whether market participants engaged in activities that destabilized the foreign exchange market or sought to secure improper gains by influencing exchange rates. The currency also continued to recover after sliding to its weakest level since 2009 last week, as traders unwound bearish positions following recent stabilization measures. However, gains were limited by renewed tensions between the US and Iran after Washington launched new strikes against Tehran, boosting demand for the US dollar and pushing oil prices higher.
The USD/KRW exchange rate fell to 1,518.5300 on June 10, 2026, down 0.30% from the previous session. Over the past month, the South Korean Won has weakened 2.99%, and is down by 10.82% 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 June 10 of 2026.
The USD/KRW exchange rate fell to 1,518.5300 on June 10, 2026, down 0.30% from the previous session. Over the past month, the South Korean Won has weakened 2.99%, and is down by 10.82% over the last 12 months. The South Korean Won is expected to trade at 1556.36 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1512.15 in 12 months time.