[Daily won] Won strengthens to 1,337.5 per dollar, below 1,350

The Korean won strengthened to 1,337.5 per dollar, with USD/KRW falling 9.6 won from the previous close to below 1,350. The exchange rate stood 14.0% below its yearly high of 1,555.8.

On November 10, USD/KRW opened at 1,341.5, down 5.6 won from the previous close of 1,347.1, according to the Bank of Korea's published rates. It fell another 4 won during the session to close at 1,337.5, marking a second consecutive session of won gains.

The close was near the bottom of the year's range, bounded by 1,323.1 on October 26 and 1,555.8 on July 2. It sat about 6% of the way up that range and was 75.5 won below the August 17 reading of 1,413.0.

The exchange rate was also below the 1,451.4 recorded on November 10, 2025. A hypothetical conversion of 1,000,000 won into dollars at that rate would have yielded about $688.99. Converted back at 1,337.5, that amount would be worth about 921,524 won, a reduction of 78,476 won, or 7.8%, in won terms.

Other November 10 readings put the won at 200.63 per Chinese yuan and 846 per 100 Japanese yen.