FX
EUR/KRW
Korean won per euro, a read on won strength versus Europe and Korea-EU trade conditions.
At a glance
EUR/KRW: latest value and prior change
As of 2026-07-31, EUR/KRW is 1,661 KRW. It is 2.54 KRW lower than 1,664 KRW on 2026-07-30.
Across 979 available observations from 2022-08-03 to 2026-07-31, the latest value is at the tie-adjusted 81st percentile.
- Observed on
- Default comparison window
- 2022-08-03–2026-07-31
- Observations · observed cadence
- 979 · Daily
- Data source
- Bank of Korea ECOS
A high or low percentile does not by itself make the indicator positive, negative, or a buy or sell signal.
Time-series chart
EUR/KRW
2022-08-03–2026-07-31
Long-history series are stored as real provider observations. Index, FX, VIX, and ratio charts use historical backfill where providers expose it; Korean investor flow and margin-credit feeds expand as stable historical endpoints become available.
Interpretation guide
EUR/KRW: reading the won against Europe
EUR/KRW is the amount of Korean won needed to buy one euro. As a cross rate combining EUR/USD and USD/KRW, it shows at a glance which side — Europe or Korea — has the stronger currency, and it anchors the price competitiveness and translated earnings of Korean exporters whose European revenue has grown fast: autos, batteries, defense.
What moves the rate
EUR/KRW moves as the combination of two dollar legs rather than trading on its own. On broadly strong-dollar days the two legs can offset and leave the cross quiet; it trends decisively when Europe-specific catalysts — ECB policy, European growth — are in play.
- A rising EUR/KRW means euro strength, won weakness, or usually both.
- The ECB-Bank of Korea policy rate gap sets the medium-term backdrop.
- When EUR/USD jumps while USD/KRW sits still, the cross absorbs the whole gap.
What it means for Korean exporters
The EU is a major Korean export market, with autos, batteries, and defense growing quickly. A higher EUR/KRW lifts the won value of European revenue and improves price competitiveness against local European rivals.
- Rising EUR/KRW phases support earnings upgrades for Korean autos and defense names with EU exposure.
- Euro weakness driven by a European slowdown is a double hit: worse FX and worse demand.
- Even dollar-reporting companies deserve a separate check on their European translation channel.
Uses and misreads
Reading EUR/KRW as the won's overall direction is the classic mistake. Judge the won itself from USD/KRW and the dollar index; treat this cross strictly as relative value against the European axis.
- Decompose any EUR/KRW move with USD/KRW to see whether the euro or the won drove it.
- Swings around ECB meetings often have nothing to do with the won.
- Compare with JPY/KRW and CNY/KRW to tell broad won weakness from a single-axis move.