The USD KRW exchange rate has a fascinating history, with fluctuations that can be attributed to various economic and political factors. In 1980, the exchange rate was around 700 KRW to 1 USD.
The rate has seen significant changes over the years, with a high of over 1,800 KRW to 1 USD in 1988. This was largely due to the Korean government's economic policies at the time.
A notable shift occurred in the 1990s, when the exchange rate began to stabilize, eventually reaching a low of around 1,000 KRW to 1 USD in 1997.
USD to KRW Exchange Rate History
The USD to KRW exchange rate has been fluctuating over the years, and understanding its history can help you make informed decisions.
Today's exchange rate is 1,468.310 KRW per USD, reflecting a 0.000% change since yesterday.
The exchange rate has remained relatively stable over the past week, with a -0.343% decrease compared to its value 7 days ago.
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Looking at the historical chart, we can see that the USD/KRW rate is up +6.03% in the last six months, indicating an increase in the US Dollar's value compared to the Korean Won.
Here's a breakdown of the exchange rate for the past few days:
To get a better understanding of the exchange rate's history, you can view rates between the US Dollar and the Korean Won for a particular year by clicking on one of the links below:
- 2025
- 2024
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
- 2016
Understanding the Rate
The current exchange rate for South Korean won to US dollars is 0.001, reflecting a -0.325% change since yesterday.
The value of South Korean won has remained relatively stable over the past week, with a 0.533% increase compared to its value 7 days ago.
As of 05/01/2025 07:21, 1 US Dollar is equivalent to 1466.87 South Korean Won.
This means that if you exchange 1 US Dollar, you'll get 1466.87 South Korean Won.
The exchange rate has been inverted, and now 1 South Korean Won is equivalent to 0.00068 US Dollars.
This change in exchange rate can have a significant impact on international transactions and travel.
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Frequently Asked Questions
Is the USD strong in South Korea?
The US dollar has a relatively stable value in South Korea, with a 1.241% increase over the past week. However, its current exchange rate of 1,470.790 KRW/USD indicates a slight decrease of -0.174% since yesterday.
Sources
- https://www.currency-converter.org.uk/currency-rates/historical/table/USD-KRW.html
- https://wise.com/us/currency-converter/usd-to-krw-rate/history
- https://wise.com/us/currency-converter/krw-to-usd-rate/history
- https://www.exchange-rates.org/exchange-rate-history/usd-krw
- https://www.currency.me.uk/convert/usd/krw
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