South Korean Won to U.S. Dollar Spot Exchange Rate
AEXKOUS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,363.44
Year-over-Year Change
21.07%
Date Range
1/1/1981 - 1/1/2024
Summary
The South Korean Won to U.S. Dollar Spot Exchange Rate tracks the real-time value of Korean currency relative to the U.S. dollar, reflecting international trade dynamics and economic relationships. This metric is crucial for understanding bilateral economic interactions, investment flows, and comparative economic performance between South Korea and the United States.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This exchange rate represents the current market price for converting Korean won into U.S. dollars, indicating relative economic strength and monetary policy impacts. Economists and financial analysts use this rate to assess currency valuation, trade competitiveness, and potential investment opportunities. Fluctuations in this exchange rate can signal broader macroeconomic trends in both economies.
Methodology
The rate is calculated based on real-time foreign exchange market transactions, aggregating spot market prices from multiple international financial institutions.
Historical Context
Central banks, international traders, multinational corporations, and policymakers use this exchange rate for strategic economic planning, risk assessment, and cross-border financial decision-making.
Key Facts
- Reflects real-time market valuation of Korean won against U.S. dollar
- Influenced by monetary policies, trade balances, and economic performance
- Critical indicator for international investors and trade analysts
FAQs
Q: How often does the exchange rate change?
A: The exchange rate can fluctuate continuously during trading hours, with significant changes potentially occurring multiple times per day based on market conditions.
Q: What factors impact the Korean Won to U.S. Dollar exchange rate?
A: Key factors include interest rates, inflation, political stability, trade balances, and overall economic performance in both countries.
Q: How do traders use this exchange rate?
A: Traders use this rate to make currency trading decisions, hedge international investments, and assess economic risk in cross-border transactions.
Q: Why is this exchange rate important for businesses?
A: It helps companies predict costs for international trade, manage currency risk, and make informed decisions about global investments and pricing strategies.
Q: How frequently is this data updated?
A: The exchange rate data is typically updated in real-time during market hours, with official recorded rates updated daily by financial institutions.
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Citation
U.S. Federal Reserve, South Korean Won to U.S. Dollar Spot Exchange Rate [AEXKOUS], retrieved from FRED.
Last Checked: 8/1/2025