The South Korean won strengthened for a second session Tuesday as the dollar-won rate closed at 1,337.5 won per dollar, just 14.4 won above its 2026 low.
Bank of Korea (BOK) data put Tuesday’s opening rate at 1,341.5. The dollar finished 4 won below that level and 9.6 won below Monday’s close of 1,347.1 won per dollar.
Monday’s rate had fallen 9.5 won from the Nov. 6 close of 1,356.6, bringing the two-session decline to 19.1 won. USD/KRW measures how many won are needed to buy one dollar, so a lower rate reflects a stronger won.
The exchange rate reached its 2026 high of 1,555.8 on July 2. Tuesday’s close was about 14% below that peak and 14.4 won above the year’s low of 1,323.1, recorded Oct. 26.
On Nov. 10, 2025, a dollar bought 1,451.4 won, or 113.9 more than at Tuesday’s close.
