KRW Market Update
11 Apr 2026 • 01:12 GMT
The South Korean won (KRW) remains relatively stable against the US dollar (USD), trading at approximately 0.000674. This level is very close—just 0.9% below its three-month average of 0.00068, demonstrating limited recent fluctuation within a 6.4% range.
The USD continues to benefit from recent geopolitical developments, particularly the US-Iran ceasefire, which has eased demand for safe-haven currencies like the USD. Despite this, the USD's strength is also supported by the Federal Reserve's hold on interest rates amid ongoing energy market concerns.
While the KRW remains stable against the USD, other currencies are experiencing slight moves. Notably, the KRW has weakened slightly against the Australian dollar (AUD) and the Indian rupee (INR) in recent days, with the KRW/AUD at 0.000953 (near 14-day lows) and KRW/INR at recent 7-day highs around 0.062730. The KRW's movements are also influenced by Korea's export performance and overall economic sentiment amid global trade dynamics.
Overall, KRW's position is steady in the current environment, with some minor fluctuations driven by broader geopolitical and economic factors.
📊 Quick forecast view
🟢 Mild upside
N/A
🌍 Global risk sentiment
⚪ Range-bound