USD to WON Converter

Understanding USD to Won Exchange Rates

The Korean Won (WON), also known as the South Korean Won (KRW), is the official currency of South Korea. WON and KRW are interchangeable terms referring to the same currency - WON is the currency name while KRW is the ISO code. USD/WON 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.