Korean Won Weakens Against Dollar to 1,382.2 Won, Surpassing Last Year's Level

The won-dollar exchange rate closed at 1,382.2 won, up 13.6 won from the previous trading day, beginning to exceed last year's comparable level of 1,380.1 won. On September 17 in Seoul's foreign exchange market, the won-dollar rate recorded 1,382.2 won at the 3:30 p.m. close, up 13.6 won from the previous day's closing price. The session opened at 1,377.0 won, 8.4 won higher than the prior close. This marks six consecutive days of gains. Current rates are near this year's low of 1,336.1 won, having risen approximately 21% from the annual low point. Compared to 1,541.8 won on June 24, three months ago, the rate has fallen by 159.6 won. Year-on-year, the decline in won value is noticeable. For instance, converting 1 million won to dollars at a rate of 1,380.1 won per dollar on September 17, 2025, would yield approximately 724.59 dollars; converting back to won at today's rate of 1,382.2 won per dollar results in about 1,001,522 won, a 0.2% increase from the original amount.

The won-yuan exchange rate stood at 206.07 won, and the yen-to-won rate was recorded at 883 won per 100 yen on the same day.