The South Korean won rose to around 1,458 per dollar, pausing losses after hitting a two-week low, supported by foreign currency inflows. South Korea reported its largest-ever annual current account surplus of US$123.05 billion in 2025, exceeding both the previous record of $105.1 billion set in 2015 and the central bank’s forecast of $115 billion. Strong exports, particularly amid a semiconductor upcycle, further reinforced investor confidence. Additional support came from the government’s $3 billion overseas foreign-exchange stabilization bond issuance, the largest single offering since 2009. The bonds, split into three- and five-year tranches, were tightly priced, signaling strong demand and bolstering confidence in South Korea’s external finances. While primarily aimed at strengthening foreign-exchange reserves, the bond sale helped ease near-term pressure on the currency. Supportive domestic data offset cautious positioning ahead of key US data, keeping the won range-bound.

The USD/KRW exchange rate fell to 1,455.6100 on February 10, 2026, down 0.14% from the previous session. Over the past month, the South Korean Won has strengthened 0.80%, but it's down by 0.19% 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 February 10 of 2026.

The USD/KRW exchange rate fell to 1,455.6100 on February 10, 2026, down 0.14% from the previous session. Over the past month, the South Korean Won has strengthened 0.80%, but it's down by 0.19% over the last 12 months. The South Korean Won is expected to trade at 1456.88 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1417.90 in 12 months time.



Crosses Price Day Year Date
USDKRW 1,456.0300 -1.6200 -0.11% 0.22% Feb/10
EURKRW 1,739.1928 2.7964 0.16% 16.25% Feb/10
GBPKRW 1,991.6965 -4.2345 -0.21% 10.15% Feb/10
AUDKRW 1,032.0033 -1.9079 -0.18% 12.84% Feb/10
NZDKRW 880.5837 -2.3149 -0.26% 7.23% Feb/10
KRWJPY 0.1059 -0.0010 -0.96% 0.90% Feb/10
KRWCNY 0.0047 -0.000004 -0.08% -5.78% Feb/10
KRWCHF 0.0005 -0.000001 -0.27% -16.58% Feb/10
KRWCAD 0.0009 -0.000002 -0.16% -5.56% Feb/10
KRWMXN 0.0118 0.00003 0.24% -16.43% Feb/10
KRWINR 0.0620 -0.0002 -0.38% 2.92% Feb/10
KRWBRL 0.0036 0.000003 0.08% -10.57% Feb/10
KRWRUB 0.0529 0.0001 0.23% -20.46% Feb/10
KRWARS 0.9665 -0.0053 -0.54% 32.86% Feb/10
KRWCZK 0.0140 0.00002 0.12% -16.74% Feb/10
KRWDKK 0.0043 -0.000001 -0.02% -13.72% Feb/10
KRWHUF 0.2175 0.0006 0.26% -19.65% Feb/10
KRWIDR 11.4971 -0.0290 -0.25% 2.11% Feb/10
KRWMYR 0.0027 -0.00001 -0.39% -12.11% Feb/10



Related Last Previous Unit Reference
South Korea Inflation Rate 2.00 2.30 percent Jan 2026
United States Inflation Rate 2.70 2.70 percent Dec 2025
United States Fed Funds Interest Rate 3.75 3.75 percent Jan 2026
South Korea Interest Rate 2.50 2.50 percent Jan 2026
United States Unemployment Rate 4.40 4.50 percent Dec 2025
South Korea Unemployment Rate 4.00 2.70 percent Dec 2025

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
1455.61 1457.65 1995.00 667.20 1983 - 2026 Daily

News Stream
Korean Won Rises on Currency Inflows
The South Korean won rose to around 1,458 per dollar, pausing losses after hitting a two-week low, supported by foreign currency inflows. South Korea reported its largest-ever annual current account surplus of US$123.05 billion in 2025, exceeding both the previous record of $105.1 billion set in 2015 and the central bank’s forecast of $115 billion. Strong exports, particularly amid a semiconductor upcycle, further reinforced investor confidence. Additional support came from the government’s $3 billion overseas foreign-exchange stabilization bond issuance, the largest single offering since 2009. The bonds, split into three- and five-year tranches, were tightly priced, signaling strong demand and bolstering confidence in South Korea’s external finances. While primarily aimed at strengthening foreign-exchange reserves, the bond sale helped ease near-term pressure on the currency. Supportive domestic data offset cautious positioning ahead of key US data, keeping the won range-bound.
2026-02-06
Korean Won Slides to Two-Week Low
The South Korean won depreciated to around 1,470 per dollar, erasing earlier-week gains to hit a two-week low, as persistent domestic demand for US dollars continued to outweigh official stabilisation efforts. The decline reflects structural capital outflows, with Korean retail investors increasingly favouring US equities. Overseas holdings hit nearly $171 billion as of January 29, while a surge in US stock purchases has added further pressure. The shift toward foreign assets has also pushed resident dollar deposits to a record $119.43 billion, limiting the impact of FX policy tools despite solid economic fundamentals and equity market gains. Meanwhile, concerns were partly eased by upgraded economic forecasts. A KCIF report showed eight major global investment banks raised South Korea’s 2026 growth outlook to 2.1%, up 0.1 percentage point from last month and above the Bank of Korea’s 1.8% and the government’s 2% estimates, citing a rebound in the global semiconductor industry.
2026-02-05
South Korean Won Rises on Trade Progress
The South Korean won strengthened to around 1,448 per dollar, extending gains for a second session, as signs of easing trade-policy risks lifted sentiment. Confidence improved after Seoul intensified diplomatic efforts to contain renewed trade tensions with Washington. In discussions with US trade officials and around 20 lawmakers, Trade Minister Yeo Han-koo reaffirmed plans to advance legislation underpinning the bilateral agreement and to engage on US concerns over non-tariff barriers, including digital regulations, while cautioning that higher tariffs would harm industries and growth in both economies. The renewed dialogue and signals of continued negotiation helped calm market jitters, reinforcing expectations that trade risks may ease rather than escalate. Alongside steady foreign inflows, this backdrop continued to support the won as investors reassessed downside risks to South Korea’s external outlook.
2026-02-03