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US Dollar to Korean Won Exchange Rate
Refreshing in: 60s | Mon, Nov 18, 08:12AM GMT
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|Bank notes:||$1, $5, $10, $20, $50, $100|
|Coins:||1c, 5c, 10c, 25c, 50c|
|Bank notes:||₩1,000, ₩5,000, ₩10,000, ₩50,000|
|Coins:||₩10, ₩50, ₩100, ₩500|
US dollar to the Korean won for the last 10 years
|Nov 2009||Feb 2011||May 2012||Aug 2013||Nov 2014||Feb 2016||May 2017||Aug 2018|
|1 USD =||1154.9716 Inverse: 0.0009||1115.8895 Inverse: 0.0009||1171.2283 Inverse: 0.0009||1116.4233 Inverse: 0.0009||1104.6700 Inverse: 0.0009||1232.2933 Inverse: 0.0008||1118.0500 Inverse: 0.0009||1117.1000 Inverse: 0.0009|
How does the US dollar trade against the Korean won historically?
Historically, the US dollar has been stronger against the won. Over the past decade, it has generally been worth between 1,000 and 1,200 KRW. Over the past year, it’s held relatively stable between 1,100 and 1,200 KRW.
US dollar to the Korean won for the last 10 months
|Jan 17||Feb 24||Apr 03||May 11||Jun 18||Jul 26||Sep 02||Oct 10|
|1 USD =||1121.5495 Inverse: 0.0009||1123.2752 Inverse: 0.0009||1134.5274 Inverse: 0.0009||1175.2000 Inverse: 0.0009||1173.6814 Inverse: 0.0009||1184.2100 Inverse: 0.0008||1213.7698 Inverse: 0.0008||1189.8200 Inverse: 0.0008|
US dollar to the Korean won for the last 10 days
|Nov 08||Nov 09||Nov 10||Nov 11||Nov 12||Nov 13||Nov 14||Nov 15|
|1 USD =||1158.7600 Inverse: 0.0009||1158.7600 Inverse: 0.0009||1158.7600 Inverse: 0.0009||1164.8950 Inverse: 0.0009||1166.4000 Inverse: 0.0009||1170.8600 Inverse: 0.0009||1168.5300 Inverse: 0.0009||1163.6300 Inverse: 0.0009|
Forecast rates for USD to KRW
|Month||$1 USD =|
Rate prediction methodology and disclaimer
Forecast rates are our best estimate of average exchange rates over the next 11 months. We base these rates on an analysis of current and historical Wall Street prices of related financial instruments and historical exchange rates for this currency pair.
If details are missing, it means that we didn’t have sufficient data to make a forecast.
These rates are educated expectations only, not financial advice. Talk with a professional before any important financial decision.
What affects USD > KRW exchange rates?
The policies of the Federal Reserve
When the Fed stops distributing dollars (as just one example), it restricts the money supply. Hence, demand goes up.
Economic uncertainty in the world
The US dollar is often seen as a safe investment, and it’s often purchased more aggressively during global crises.
Exports from Japan and China
Both countries buy dollars to stabilize their currencies. This helps them create cheaper exports, which in turn makes their exports more attractive to world buyers.
South Korea brings in a high volume of imports and exports, exposing the country to high market volatility.
China’s monetary policy
The People’s Bank of China can change the value of the yuan. When it does, it indirectly changes the won-to-dollar exchange rate.
Send money from USD to KRW
Market rate for common transfer amounts USD to KRW
|US Dollars (USD)||Korean Won (KRW)|
How much is traded between these currencies?
The US dollar is the most traded currency in the world — according to the Bank for International Settlements, the dollar is involved in about 88% of currency trades. Meanwhile, the South Korean won is involved in about 2% of global trades.
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