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KRW to USD Forecasts – South Korean won to US dollar

Latest KRW to USD forecasts including bank predictions, key market drivers and recent trends for KRW/USD. See where analysts expect the pair to move and the factors likely to influence it.

 

KRW to USD Forecast & Outlook

11 Jul 2026 • 01:05 GMT

KRW/USD 0.000667

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 0.0010 – 0.0010
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: 🟢 Uptrend

Currently, KRW/USD is trading near recent highs within its 3-month range, supported by risk-off sentiment. Broad risk aversion and safe-haven flows are pressuring emerging-market currencies, including KRW, which faces a weaker near-term bias. Near-term conditions suggest the pair could face downward pressure if risk appetite improves.

💸 Transfer implications

  • Expats: sending USD from South Korea may find favourable rates compared to recent levels, but risks remain if KRW weakens.
  • Travellers: exchanging cash for USD might see support for the rates, making USD purchases less costly now.
  • Businesses: paying USD invoices could find conditions slightly less favourable if KRW declines further.

🧭 Key drivers

  • Rate gap: The current rate gap reflects a flattening effect where the U.S. yield advantage is less pronounced, supporting USD strength.
  • Risk/commodities: Global risk-off sentiment dominates, driving safe-haven flows into USD and pressuring KRW.
  • Global factors: USD is supported by softer U.S. economic data and Fed interest rate outlook, influencing the pair.

⚠️ What could change it

  • Upside risk: A reduction in global risk aversion could support KRW, reversing recent pressure.
  • Downside risk: A sharp rise in U.S. yields or hawkish Fed signals could strengthen the USD even further.

Shopping around for the lowest margin provider may help reduce overall transfer costs.

 

USDKRW Bank Forecasts to end of the year

The outlook for USDKRW to the end of the year reflects expectations of Korean won strength against the U.S. dollar, driven by factors such as trade balances and capital inflows. While current USD levels are historically high, major banks anticipate a reversal with the won appreciating as the year progresses. Bank of America and UBS both foresee the USDKRW falling below current levels, supported by favorable balance of payments and government interventions.

Big bank views

  • Bank of America forecasts USDKRW to reach 1,395 by the end of the year, reflecting a stronger won.
  • UBS projects the rate dropping below 1,400 due to strong balance of payments flows.
  • Bank of America also highlights the impact of Korean Treasury bonds' inclusion in global indices as support for won appreciation.

What could change the outlook

  • More aggressive than expected U.S. interest rate hikes could bolster the USD, limiting KRW appreciation.
  • Negative shifts in South Korea's trade balance or economic performance might weaken the won against the U.S. dollar.
 

KRW-USD Rate Calculator

 
 
   
   
   
   
   
 
 

KRW to USD Market Data

South Korean won (KRW) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell KRW   →   Buy USD
1 KRW =
0.000667We compare provider deals to this wholesale mid-market rate. Read more
USD
1d+0.5%
KRW to USD is at 30-day highs near 0.000667, just above its 3-month average, having traded in a relatively stable 8.0% range from 0.000641 to 0.000692
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Compare & Save - South Korean won to US dollar

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare South Korean won (KRW) to US dollar (USD) rates from different sources before making a conversion.

Use our KRW to USD calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on South Korean won to Dollar currency rates and the possible savings of using various providers.

 
 

Will the South Korean won rise against the US dollar?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the South Korean won vs US dollar current value is to look the KRW/USD historic rate and change over a range of periods.

The following table looks at the change in the KRW to USD exchange rate over periods from the previous week back to the last 10 years.

DateKRW/USDPeriod
20 Jun 2026
0.000654
2 Week
05 Apr 2026
0.000662
3 Month
04 Jul 2025
0.000734
1 Year
05 Jul 2021
0.000885
5 Year
06 Jul 2016
0.000862
10 Year
09 Jul 2006
0.001055
20 Year
KRW/USD historic rates

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add KRW/USD to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more