KRW Market Update
20 Jun 2026 • 01:15 GMT
The South Korean won (KRW) remains relatively stable against the US dollar, trading at around 0.000655. This is slightly below its 3-month average of 0.000667, marking a minor decrease of about 1.8%. Over recent weeks, the KRW has traded within an 8% range, showing steady movement amid stable market conditions.
The dollar has softened a bit this week amid easing concerns related to global energy supplies and risk assets rallying, partly due to the Strait of Hormuz reopening. These developments have helped temper US dollar strength, though attention remains on upcoming Federal Reserve policy moves, which could influence the dollar’s direction further.
South Korea’s exports and political stability continue to support the KRW, while global economic developments and trade dynamics also play important roles. The KRW has been closely aligned with broader market trends, trading within a narrow, stable range against other major currencies.
Overall, the KRW remains steady amid a cautiously optimistic global outlook, with minor fluctuations likely as markets watch central bank actions and geopolitical developments.
📊 Quick forecast view
🔴 Mild downside
0.0010 – 0.0010
🌍 Global risk sentiment
⚪ Range-bound