Today's won: USD/KRW closes at 1,331.4, lowest this year

USD/KRW closed 13.2 won lower at 1,331.4, its lowest level this year and 14.4% below the annual high of 1,555.8.

The won strengthened as USD/KRW ended 13.2 won below the previous session at 1,331.4, marking a year-to-date low.

In Seoul trading on Oct. 16, USD/KRW closed at 1,331.4 at 3:30 p.m., down 13.2 won from the previous close. The pair opened at 1,340.0, 4.6 won below the prior close.

The exchange rate now sits at the bottom of this year's range of 1,331.4 to 1,555.8. It is 135.4 won lower than the 1,466.8 recorded three months earlier on July 23.

The won has also strengthened from a year earlier. Converting 1 million won into dollars at the Oct. 16, 2025 rate of 1,417.9 would have yielded about $705.27. Converting that amount back at today's rate of 1,331.4 would produce about 938,994 won, a decline of 61,006 won, or 6.1%, in won terms.

On the same day, the exchange rate was 199.14 won per Chinese yuan and 843 won per 100 Japanese yen.

This article is based on market data and chart analysis and does not constitute investment advice.