exotic pair · USD/KRW
US Dollar to South Korean Won: the daily ECB reference rate, a historical chart, pair specification and what drives each currency.
1338.58
-6.01 (-0.45%)
1 USD = 1338.58 KRW · 1 KRW = 0.00075 USD · previous 1344.59 on 3 Nov 2026
USD/KRW ECB reference rate, 4 Nov 2025 to 4 Nov 2026: from 1,439.20 to 1,338.58 (down 6.99%). High 1,558.09 on 1 Jul 2026, low 1,324.45 on 23 Oct 2026.
256 daily observations · 4 Nov 2025 – 4 Nov 2026
Latest rate within the 12-month range
The latest rate sits at 6% of the 12-month low-to-high range.
Calculated from daily ECB reference rates — closing-type snapshots, not intraday highs and lows.
Understanding the pair
In USD/KRW the US Dollar is the base currency and the South Korean Won is the quote currency. The rate tells you how many KRW one USD buys, so a rising USD/KRW means the US Dollar is strengthening against the South Korean Won.
USD/KRW is an exotic pair: it combines a major currency with that of a smaller or emerging economy, so spreads, swap costs and the size of sudden moves are typically larger than for the majors.
Prices are quoted to 2 decimal places here. One pip is 0.0001, so on a standard lot of 100,000 USD a one-pip move is worth 10 KRW — use the pip calculator to convert that into your account currency.
Liquidity in USD/KRW is usually deepest when both home markets are open — the New York (08:00–17:00 New York time) and Tokyo (09:00–18:00 Tokyo time) sessions. See live session times on the market hours clock.
The world's main reserve and invoicing currency. The BIS 2022 Triennial Survey found the dollar on one side of about 88% of all FX trades, so US interest-rate expectations and risk sentiment ripple through almost every pair.
Central bank: Federal Reserve
The won is tied to South Korea's export-led, technology-heavy economy and to global trade cycles. It is not fully convertible offshore, where it trades mainly through non-deliverable forwards.
Central bank: Bank of Korea
USD/KRW shows how many South Korean Won (KRW) one US Dollar (USD) buys. USD is the base currency and KRW is the quote currency. If the rate rises, the US Dollar has strengthened against the South Korean Won.
No. It is derived from the euro foreign exchange reference rates published by the European Central Bank once per working day around 16:00 CET. It is useful for reference, budgeting and calculator inputs, but it is not an executable trading quote — a broker's bid and ask will differ.
By convention one pip in USD/KRW is 0.0001 because the pair is quoted in KRW. On a standard lot of 100,000 USD, a one-pip move is worth 10 KRW. Brokers may quote an extra decimal (a pipette).
Liquidity is typically deepest when both home markets are open: the New York (08:00–17:00 New York time) and Tokyo (09:00–18:00 Tokyo time) sessions, and especially where they overlap.
Educational information only, not investment advice. Trading leveraged currency products carries a high risk of losing money.