FX
EUR/KRW
The Korean won price of one euro. It feeds directly into Europe-bound trade settlement and euro asset valuation, and read next to USD/KRW it separates won weakness from broad dollar strength.
Latest
1,561 KRW
+7.35 KRW
At a glance
EUR/KRW: latest value and prior change
As of 2026-09-16, EUR/KRW is 1,561 KRW. It is 7.35 KRW higher than 1,554 KRW on 2026-09-15.
Within the default comparison window of 1,000 observations from 2022-08-19 to 2026-09-16, the latest value is at the tie-adjusted 64th percentile. Available history covers 1994-04-11 to 2026-09-16 with 8,623 observations.
- Observed on
- Default comparison window
- 2022-08-19–2026-09-16
- Observations · observed cadence
- 1,000 · 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
1994-04-11–2026-09-16
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.
Recent observations and calculated changes
The ten latest chart observations. Change subtracts the previous observation; intervals vary with holidays, release schedules and missing data. A difference in rates or ratios is not an investment return.
| Observed | Value | Previous date | Difference (current − previous) |
|---|---|---|---|
| 2026-09-16 | 1,561 KRW | 2026-09-15 | 7.35 KRW |
| 2026-09-15 | 1,554 KRW | 2026-09-14 | -6.72 KRW |
| 2026-09-14 | 1,561 KRW | 2026-09-11 | 7.29 KRW |
| 2026-09-11 | 1,554 KRW | 2026-09-10 | -3.46 KRW |
| 2026-09-10 | 1,557 KRW | 2026-09-09 | -2.25 KRW |
| 2026-09-09 | 1,559 KRW | 2026-09-08 | -1.81 KRW |
| 2026-09-08 | 1,561 KRW | 2026-09-07 | -12.89 KRW |
| 2026-09-07 | 1,574 KRW | 2026-09-04 | -6.42 KRW |
| 2026-09-04 | 1,580 KRW | 2026-09-03 | -6.24 KRW |
| 2026-09-03 | 1,587 KRW | 2026-09-02 | -1.93 KRW |
Source: Bank of Korea ECOS
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.