The South Korean won strengthened to around 1,465 per dollar, reaching its highest level since early May, as stronger domestic growth prospects supported the currency. South Korea's economy expanded 0.6% in the second quarter, beating the Bank of Korea's 0.2% forecast, with robust exports, particularly semiconductors, and resilient private consumption helping offset lingering weakness in construction activity. The won was also supported by sustained foreign investor demand for Korean assets, with overseas investors returning to local equities as the KOSPI recovered, while improving sentiment toward the country's technology sector and export outlook supported capital inflows. Meanwhile, renewed Middle East tensions and a surge in oil prices posed downside risks, with escalating concerns over the US-Iran conflict and potential disruptions to energy supplies prompting caution in global markets.

The USD/KRW exchange rate fell to 1,465.0500 on July 24, 2026, down 0.72% from the previous session. Over the past month, the South Korean Won has strengthened 5.17%, but it's down by 5.88% 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 July 24 of 2026.

The USD/KRW exchange rate fell to 1,465.0500 on July 24, 2026, down 0.72% from the previous session. Over the past month, the South Korean Won has strengthened 5.17%, but it's down by 5.88% over the last 12 months. The South Korean Won is expected to trade at 1478.07 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1441.31 in 12 months time.



Crosses Price Day Year Date
USDKRW 1,467.5800 -8.0700 -0.55% 6.07% Jul/24
GBPKRW 1,950.4890 -14.3833 -0.73% 5.18% Jul/24
AUDKRW 1,021.8563 -6.5094 -0.63% 12.87% Jul/24
NZDKRW 846.6462 -5.2465 -0.62% 2.18% Jul/24
KRWJPY 0.1118 0.0008 0.68% 4.40% Jul/24
KRWCNY 0.0046 0.00003 0.73% -11.20% Jul/24
KRWCHF 0.0006 0.000004 0.74% -3.67% Jul/24
KRWCAD 0.0010 0.00001 0.67% -3.29% Jul/24
KRWMXN 0.0120 0.0001 0.69% -11.47% Jul/24
EURKRW 1,675.9553 -9.6474 -0.57% 3.54% Jul/23
KRWINR 0.0658 0.0004 0.60% 4.67% Jul/23
KRWBRL 0.0034 0.00002 0.55% -14.10% Jul/23
KRWRUB 0.0537 0.0009 1.75% -5.80% Jul/23
KRWARS 1.0099 0.0062 0.62% 10.38% Jul/23
KRWCZK 0.0144 0.0001 0.63% -4.95% Jul/23
KRWDKK 0.0045 0.00002 0.55% -3.29% Jul/23
KRWHUF 0.2176 0.0018 0.84% -11.61% Jul/23
KRWIDR 12.2099 0.0846 0.70% 3.16% Jul/23
KRWMYR 0.0028 0.00001 0.25% -9.79% Jul/23



Related Last Previous Unit Reference
United States Inflation Rate 3.50 4.20 percent Jun 2026
South Korea Inflation Rate 3.20 3.10 percent Jun 2026
South Korea Interest Rate 2.75 2.50 percent Jul 2026
United States Fed Funds Interest Rate 3.75 3.75 percent Jun 2026
South Korea Unemployment Rate 2.70 2.80 percent Jun 2026
United States Unemployment Rate 4.20 4.30 percent Jun 2026

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
1465.05 1475.65 1995.00 667.20 1983 - 2026 Daily

News Stream
South Korean Won Advances to Over 2-Month High
The South Korean won strengthened to around 1,465 per dollar, reaching its highest level since early May, as stronger domestic growth prospects supported the currency. South Korea's economy expanded 0.6% in the second quarter, beating the Bank of Korea's 0.2% forecast, with robust exports, particularly semiconductors, and resilient private consumption helping offset lingering weakness in construction activity. The won was also supported by sustained foreign investor demand for Korean assets, with overseas investors returning to local equities as the KOSPI recovered, while improving sentiment toward the country's technology sector and export outlook supported capital inflows. Meanwhile, renewed Middle East tensions and a surge in oil prices posed downside risks, with escalating concerns over the US-Iran conflict and potential disruptions to energy supplies prompting caution in global markets.
2026-07-23
South Korean Won Hits 10-week High
The South Korean Won touched 1471.00 against the USD, the highest since May 2026. Over the past 4 weeks, US Dollar South Korean Won lost 4.61%, and in the last 12 months, it increased 7.17%.
2026-07-23
South Korean Won Eases from Over 2-Month High
The South Korean won traded around 1,480 per dollar, easing from an over two-month high near 1,475, as Middle East tensions supported demand for the US dollar. US strikes on Iran and threats by Houthi militants to blockade the Red Sea heightened concerns over potential disruptions to key shipping routes and global energy supplies. South Korea’s finance ministry said it would closely monitor developments in the region and maintain measures to ensure stable crude oil and naphtha supplies, as the country remains vulnerable to external energy shocks. Meanwhile, the won remained supported by foreign investor inflows into Korean equities as a rebound in semiconductor stocks improved market sentiment. Government efforts to encourage major exporters to convert foreign currency proceeds and repatriate overseas funds also helped improve dollar liquidity and stabilize the currency.
2026-07-22