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USD to KRW Rates - 2026 Forecast

Analysis of recent dollar → South Korean won forecasts for 2026. We collate forecasts from respected FX analysts together with the latest US dollar to South Korean won performance and trends.

 

USD/KRW Outlook:

The USD/KRW outlook is slightly positive, but likely to move sideways as the rate is currently just below its recent average and trading in a tight range.

Key drivers:

Rate gap: The interest rate gap between the US Federal Reserve and the Bank of Korea is widening, favoring a stronger USD.

Risk/commodities: Recent volatility in oil prices has pressured the KRW, which historically weakens the currency when oil costs are high.

One macro factor: The Bank of Korea has raised concerns about the impact of a weak KRW on domestic businesses and inflation, indicating possible actions to stabilize the currency.

Range:

The USD/KRW rate is likely to hold within its recent 3-month range, drifting around current levels.

What could change it:

Upside risk: A significant US economic report showing robust growth could strengthen the USD beyond its current levels.

Downside risk: Effective intervention by South Korean authorities to stabilize the KRW could lead to a stronger won.

USD-KRW Rate Calculator

 
   
   
   
   
 
   
 
 

USD to KRW Market Data

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

 
Sell USD   →   Buy KRW
1 USD =
1,441.6We compare provider deals to this wholesale mid-market rate. Read more
KRW
1d−0.1%
 
USD to KRW at 1444 is just 1.0% below its 3-month average of 1458, having traded in a very stable 3.6% range from 1430 to 1481
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Compare & Save - US dollar to South Korean won

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

Use our USD to KRW 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 Dollar to South Korean won currency rates and the possible savings of using various providers.

 
 

Will the US dollar rise against the South Korean won?

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

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

DateUSD/KRWChangePeriod
10 Feb 2026
1456.33
0.7% 2 Week
26 Nov 2025
1471.62
1.7% 3 Month
24 Feb 2025
1429.65
1.2% 1 Year
25 Feb 2021
1119.60
29.2% 5 Year
27 Feb 2016
1239.65
16.7% 10 Year
01 Mar 2006
969.59
49.2% 20 Year
USD/KRW historic rates & change to 24-Feb-2026

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 USD/KRW 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