USD to KRW Historical Exchange Rates

Interactive charts and key moments from 1999 to present

Last 30 Days — USD to KRW Rates

Date 1 USD = KRW Change
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Key Historical Events for USD/KRW

1997 Asian Financial Crisis. The won collapsed from ~800 per USD to over 1,900 at the worst point. Korea received a $58 billion IMF bailout. Shaped Korean financial conservatism for a generation — the won has never returned to pre-crisis levels.

2008 Global Financial Crisis. USD/KRW spiked from ~900 to 1,570 as dollar liquidity dried up. A $30 billion Fed-BoK swap line helped stabilize.

2020 COVID panic. Brief spike to 1,285 in March 2020. Korean semiconductor and auto exports helped KRW recover faster than most emerging-market currencies.

2022 dollar strength. USD/KRW pushed above 1,450 as Fed hikes outpaced Bank of Korea — weakest KRW since 2009. Korean MOF intervened verbally multiple times.

2024-2026 range. USD/KRW trades 1,300-1,450 depending on Fed-BoK policy gap, semiconductor cycle, and China growth. North Korea headlines add short-term volatility.