US Dollar to South Korean Won Exchange Rate (I:USDSKWER)

US Dollar to South Korean Won Exchange Rate is at a current level of 0.0007, down from 0.0007 the previous market day and down from 0.0007 one year ago. This is a change of -0.35% from the previous market day and -5.38% from one year ago.

The US Dollar to South Korean Won Exchange Rate measures the ratio between the US Dollar and the South Korean Won. Exchange rates can be used to measure the relative health of an economy versus another. Exchange rates are also important for corporations that operate worldwide because it will directly impact their financials. A notable time period for this exchange rate was in the beginning of 1998, while South Korea was going through a financial crisis. The US Dollar to South Korean Won exchange rate essentially doubled when it went from around 975 to 1960 within three months.