FX
USD/KRW
The Korean won price of one US dollar, the headline FX rate for Korean markets. A rising rate raises currency losses for foreign investors and lifts import prices, so it drives both equity flows and inflation.
Latest
1,323 KRW
-1.70 KRW
USD/KRW latest observations
- Observed
- 2026-10-28
- Latest
- 1,324 KRW
- Change from previous
- ▲ +1.70 KRW
Check the observation dates in both the summary and chart; release and refresh times can differ.
At a glance
USD/KRW: latest value and prior change
As of 2026-10-27, USD/KRW is 1,323 KRW. It is 1.70 KRW lower than 1,324 KRW on 2026-10-26.
Within the default comparison window of 1,000 observations from 2021-09-24 to 2026-10-27, the latest value is at the tie-adjusted 45th percentile. Available history covers 1990-01-02 to 2026-10-27 with 8,271 observations.
- Observed on
- Default comparison window
- 2021-09-24–2026-10-27
- 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.
Market reading
Put this number in context
2026-07-23 → 2026-10-27 · KRW
- First
- 1,481 KRW
- 2026-07-23
- Latest
- 1,323 KRW
- 2026-10-27
- Window low
- 1,323 KRW
- 2026-10-27
- Window high
- 1,481 KRW
- 2026-07-23
The horizontal axis follows observation order; calendar intervals may differ. High and low refer to observed values within this window, not intraday or all-time extremes. Ties show the first observation date.
Time-series chart
USD/KRW
1990-01-02–2026-10-27
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) |
|---|---|---|---|
| 2026-10-27 | 1,323 KRW | 2026-10-26 | -1.70 KRW |
| 2026-10-26 | 1,324 KRW | 2026-10-23 | -0.30 KRW |
| 2026-10-23 | 1,325 KRW | 2026-10-22 | -0.90 KRW |
| 2026-10-22 | 1,326 KRW | 2026-10-21 | -2.50 KRW |
| 2026-10-21 | 1,328 KRW | 2026-10-20 | -4.10 KRW |
| 2026-10-20 | 1,332 KRW | 2026-10-19 | -10.30 KRW |
| 2026-10-19 | 1,342 KRW | 2026-10-16 | -6.10 KRW |
| 2026-10-16 | 1,349 KRW | 2026-10-15 | 9.90 KRW |
| 2026-10-15 | 1,339 KRW | 2026-10-14 | -1.90 KRW |
| 2026-10-14 | 1,341 KRW | 2026-10-13 | 4.70 KRW |
Source: Bank of Korea ECOS
Interpretation guide
USD/KRW: the baseline for foreign flows and won resilience
USD/KRW shows how many Korean won it takes to buy one US dollar, so a rising number means a weaker won. The pair compresses several forces into one price: foreign portfolio flows in and out of Korea, exporter and importer settlement demand, and the market's sense of how close the authorities are to smoothing operations. Anyone tracking KOSPI should keep it in the background at all times.
What is actually priced in
USD/KRW reflects US rates, broad dollar moves, trade settlement, and foreign trading in Korean assets. Their contributions vary over time rather than following fixed proportions. First compare percentage changes in the US Broad Dollar Index and USD/KRW over the same period; then examine foreign flows and settlement information when their paths differ substantially.
- A higher rate means won weakness, which erodes returns for foreign holders of won assets.
- When exporters convert dollar receipts in bulk, that selling tends to cap the pair's upside.
- Dividend-repatriation season and heavy outbound investment add dollar demand that firms up the downside.
Reading zones and speed together
The pace of a move inside a zone matters more than the absolute level. Round-number areas that traders have historically treated as psychological lines are less important in themselves than how fast the pair enters them and how the authorities respond.
- Record both the won change and the percentage change, then compare them with recent daily moves. The percentage impact of a 10-won rise depends on the starting rate.
- Near round-number zones, intervention wariness often compresses volatility rather than amplifying it.
- On days when USD/KRW rises, align KOSPI returns, foreign, institutional and retail net buying, and sector returns to the same session. Index resilience alone cannot distinguish exporter optimism from domestic buying.
Cross-checks and common misreads
On TapeFlow, pair this with foreign net buying, KOSPI, US Treasury yields, VIX, and the US Broad Dollar Index. The most common misread is treating won weakness as automatically good for exporters; in fast depreciations, foreign selling and imported input costs frequently offset that benefit.
- If the broad dollar index is quiet but USD/KRW climbs, look for a Korea-specific cause first.
- A rising rate combined with foreign net selling is a meaningful warning for large-cap flows.
- A pullback right after verbal intervention may be pace control, not a trend change, so give it a few sessions.
Related views
Related indicators and radar
KOSPI Foreign Net Buy
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Connects won weakness with foreign-flow pressure.
KOSPI Index
Korea's large-cap benchmark for risk appetite and flow conditions.
Links FX pressure to the KOSPI benchmark.
VIX Index
The U.S. equity volatility gauge for global risk aversion.
Checks whether USD/KRW is moving with global risk aversion.