USD to KRW Converter

Understanding USD to KRW Exchange Rates

The South Korean Won (KRW), also known as the Korean Won (WON), is the official currency of South Korea. KRW and WON are interchangeable terms referring to the same currency - KRW is the ISO code while WON is the currency name. USD/KRW exchange rates are influenced by Bank of Korea monetary policy, US Federal Reserve decisions, South Korea's export-driven economy, trade relations with China and the US, geopolitical tensions in the region, and global semiconductor market conditions. The won has been relatively stable but can be volatile during periods of geopolitical uncertainty or major trade disputes.