South Korean Won to U.S. Dollar Spot Exchange Rate
DEXKOUS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,388.34
Year-over-Year Change
-0.18%
Date Range
10/4/2021 - 8/1/2025
Summary
The South Korean Won to U.S. Dollar Spot Exchange Rate tracks the daily market value of Korean currency in terms of U.S. dollars. This metric is crucial for understanding international trade dynamics, investment flows, and economic relationships 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 real-time market price for converting Korean won into U.S. dollars, reflecting relative economic conditions and monetary policies of both countries. Economists and financial analysts use this rate to assess currency valuation, trade competitiveness, and potential investment opportunities.
Methodology
The rate is calculated daily based on interbank foreign exchange market transactions and reported by the Federal Reserve Bank of New York.
Historical Context
Central banks, international traders, and multinational corporations use this exchange rate for financial planning, risk management, and cross-border economic decision-making.
Key Facts
- Reflects real-time market valuation of Korean won
- Influenced by economic indicators from both countries
- Critical for international trade and investment decisions
FAQs
Q: How often is the exchange rate updated?
A: The exchange rate is updated daily during active trading hours. It reflects current market conditions and can change rapidly based on economic news and events.
Q: What factors influence the Korean Won to U.S. Dollar exchange rate?
A: Key factors include interest rates, inflation, economic growth, trade balances, and geopolitical events in both South Korea and the United States.
Q: How do traders use this exchange rate?
A: Traders use this rate for currency trading, hedging international investments, and making cross-border financial decisions.
Q: Why is this exchange rate important for businesses?
A: It helps companies manage currency risk, price international products, and make informed decisions about global trade and investment strategies.
Q: What are the limitations of this exchange rate data?
A: The rate represents a snapshot in time and can be volatile. It should be used alongside other economic indicators for comprehensive analysis.
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Citation
U.S. Federal Reserve, South Korean Won to U.S. Dollar Spot Exchange Rate [DEXKOUS], retrieved from FRED.
Last Checked: 8/1/2025