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Market Commentary  22994
July, 2016 Data:

The 12 month forecast for the South Korean Won is in the table at the top of
this page. Forecast-Chart.com is forecasting that the exchange rate for the
South Korean Won will be roughly 1106.64 South Korean Wons to the USD.
The table shows a HDTFA of 107.99 which suggests that the August, 2017
currency exchange rate could easily fall between 1214.63 and 998.65
KRW/USD. Links to Forecasts for fourteen other currencies may be found by
clicking Currency Exchange Forecasts at the top of this page.

All data and calculations on this page are based on the average daily rate per
calendar month for KRW/USD.

HISTORICAL EXCHANGE RATE SUMMARY: KRW/USD
Average (Last 12 Months)        1171.30
Average (Last 10 Years)          1105.22
High (Last 12 Months)             1216.23   (February, 2016)
Low (Last 12 Months)              1140.87   (July, 2016)
High (Since April, 1981)      1707.30   (January, 1998)
Low (Since April, 1981)       669.25   (May, 1989)

The South Korean Won exchange rate for July, 2016 averaged 1140.87 KRW
to USD. That's 2433.7 basis points lower than the June, 2016 rate of 1165.20,
and 568 basis points lower than the July, 2015 rate of 1146.55.  The fall in the
KRW/USD exchange rate from June to July provides evidence that the short
term trend in KRW/USD is down. In other words, a weakening of the US Dollar
against the South Korean Won in the short term. If that trend continues in the
currency market, we should see an average daily rate in August, 2016 that is
close to 1116.53.

The average South Korean Won conversion rate over the last 12 months was
1171.30. The average rate over the last 10 years was 1105.22.  A higher South
Korean Wons to US Dollars exchange rate over the last 12 months compared to
the average rates over the last 10 years serve as an indicator that the long
term trend in KRW/USD is up (strengthening US Dollar against the South
Korean Won).

The highest currency rate for KRW/USD over the last 12 months was 1216.23.
The lowest was 1140.87. The market high was attained in February, 2016. The
market low was achieved in July, 2016.

Forecast-Chart.com's historical research covers South Korean Won data back
to April, 1981. The average exchange value during that period of history was
974.75 KRW/USD. The highest rate was 1707.30. The lowest was 669.25.  The
market high was attained in January, of 1998. The market low was achieved in
May of 1989. Recent rates experienced in July of 2016 are high relative to the
historical 974.75 average.

This page provides a five year chart and a forecast for the South Korean Won.
For links to longer term charts, look at the links under the five year chart
(above). One link opens a ten year chart. Another opens our longest term
graph on the South Korean Won. Just one glance at our long term charts can
provide tremendous insight into the historical trends of the financial markets.
The table above presents additional historical information on the South Korean
Won. Rate data is presented on an annual basis.
























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Korean Wons per 1 US Dollar are shown in gray (average daily rate per calendar month). The
forecast for the target month is shown in green. If the line in the chart is falling (left to right), the US
Dollar has weakened,
causing...
Korean Won to US Dollar (KRW to USD) - 5 Year History
Korean Won (KRW) Currency Exchange Forecast
Target Month
Forecast
HDTFA
Forecast for the currency exchange rate of the
Korean Won for the target month indicated,
shown in Wons per US Dollars (KRW/USD).
August 2017
1107
108
Updated Tuesday, August 9, 2016.
Korean Won Currency Exchange Rate Forecast
900
1000
1100
1200
Korean Won Forecast
Recent Currency Exchange Rates
1300
1400
1500
1600
Historical South Korean Won Rate (KRW USD)
Year
KRW/USD
Year
KRW/USD
Year
KRW/USD
Year
KRW/USD
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
732
776
808
872
885
826
735
674
711
737
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
784
806
807
773
805
954
1404
1190
1131
1292
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
1250
1192
1146
1024
954
929
1100
1275
1155
1107
2012
2013
2014
2015
1126
1094
1053
1132
Average annual currency exchange rate for the South Korean Won (KRW per U.S. Dollar)
is shown in this table: 1982 to present.
Forecast & Current Analysis: South Korean Won (KRW)
1/11
1/2012
1/2013
1/2014
1/2015
1/2016
1/2017
1/18