what is USD–KRW Exchange Rate?

USD–KRW Exchange Rate

The USD–KRW exchange rate shows how much one U.S. dollar (USD) is worth in South Korean won (KRW).

It changes constantly due to global trade, interest rates, and investor sentiment.

🔹 What Affects the Exchange Rate

Interest Rate Gap: If U.S. rates are higher than Korea’s, the dollar usually strengthens.

Trade Balance: Korea’s exports or imports affect foreign currency flow.

Market Sentiment: Global risk or uncertainty drives investors to safe assets like the U.S. dollar.

🔹 When the Dollar Strengthens

Korean won weakens (환율 상승) → more won needed to buy 1 USD.

Exports may increase, but imports become more expensive.

🔹 When the Won Strengthens

Korean won rises (환율 하락) → fewer won needed per USD.

Imports become cheaper, but exports may decline in competitiveness.

🔹 Example

If the exchange rate is 1 USD = 1,400 KRW,

buying $100 costs 140,000 KRW.

Tags:

#ExchangeRate #USDKRW #Finance #Economy #Currency

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