Won-Dollar Exchange Rate Hits New Yearly Low at 1,325 Won... Won-Yen Rate Also Drops

The won-dollar exchange rate fell to the mid-1,320 won range during trading, and the won-yen exchange rate dropped to the 830 won range, both setting new yearly lows.

Today (the 20th), the closing benchmark price for the won-dollar exchange rate at 3:30 p.m. was 1,328.1 won, down 2.2 won from the previous trading day.

The exchange rate started trading at 1,330.3 won, dropped to as low as 1,325.4 won around 9:52 a.m., and continued to fluctuate in the mid-to-upper 1,320 won range thereafter.

Both the 3:30 p.m. benchmark price and the intraday low marked the lowest levels since October 2, 2024, breaking record lows for three consecutive trading sessions starting from the 16th.

Despite the strong dollar in the global foreign exchange market and foreign investors' net selling of stocks, the won-dollar exchange rate continues its downward trend as dollar-selling orders from exporters persist.

The won-yen cross rate stood at 840.20 won per 100 yen, down 2.05 won from the previous trading day.

The won-yen cross rate also dropped to as low as 835.86 won during trading, recording its lowest level since January 2, 2008, when it reached 833.4 won.

(Photo: Yonhap News)
※ Please note: This article was translated by AI and may contain errors.