Korean Won Rate Forecast

Market Commentary 9278
January, 2012 Data:

The 12 month forecast for the South Korean Won is in the table at the top of
this page. Forecast-Chart.com is forecasting that the exchange rate for the
South Korean Won will be roughly 1106.12 South Korean Wons to the USD.
The table shows a HDTFA of 109.19 which suggests that the February, 2013
currency exchange rate could easily fall between 1215.31 and 996.93
KRW/USD. Links to Forecasts for fourteen other currencies may be found on
the left side of this page.

All data and calculations on this page are based on the average daily rate per
calendar month for KRW/USD

HISTORICAL EXCHANGE RATE SUMMARY: KRW/USD
Average (Last 12 Months)        1109.00
Average (Last 10 Years)          1111.93
High (Last 12 Months)             1150.69   (October, 2011)
Low (Last 12 Months)              1057.43   (July, 2011)
High (Since April, 1981)      1707.30   (January, 1998)
Low (Since April, 1981)       669.25   (May, 1989)

The South Korean Won exchange rate for January, 2012 averaged 1140.33
KRW to USD. That's 779.9 basis points lower than the December, 2011 rate of
1148.13, and 2146 basis points higher than the January, 2011 rate of 1118.87.
The minor movement in the KRW/USD exchange rate from December to
January provides evidence that the short term trend in KRW/USD is relatively
flat. If that trend continues in the currency market, we should see an average
daily rate in February, 2012 that is close to 1132.53.

The average South Korean Won conversion rate over the last 12 months was
1109.00. The average rate over the last 10 years was 1111.93. The minimal
change in the South Korean Wons to dollars exchange rate over the last 12
months compared to average conversion rates over the last 10 years serve as
an indicator that the long term trend in KRW/USD is relatively flat.

The highest currency rate for KRW/USD over the last 12 months was 1150.69.
The lowest was 1057.43. The market high was attained in October, 2011. The
market low was achieved in July, 2011.

Forecast-Chart.com's historical research covers South Korean Won data back
to April, 1981. The average exchange value during that period of history was
954.97 KRW/USD. The highest rate was 1707.30. The lowest was 669.25. The
market high was attained in January, of 1998. The market low was achieved in
May of 1989. Recent rates experienced in January of 2012 are high relative to
the historical 954.97 average.

This page provides a five year chart and a forecast for the South Korean Won.
For links to longer term charts, look at the links under the five year chart
(above). One link opens a ten year chart. Another opens our longest term
graph on the South Korean Won. Just one glance at our long term charts can
provide tremendous insight into the historical trends of the financial markets.
The table above presents additional historical information on the South Korean
Won. Rate data is presented on an annual basis.

In this site, you may view the month, year, five & ten year appreciation rates for
15 foreign currencies in one convenient table. Click the Market Trend Research
link in the uppermost left corner of any page in this site. The table of contents
for Market Trend Research will open. In the table of contents, click the link
titled: Strength of the U.S. Dollar.

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Korean Wons per 1 US Dollar are shown in gray (average daily rate per calendar month). The
forecast for the target month is shown in green. If the line in the chart is falling (left to right), the US
Dollar has weakened, causing...

Korean Won to US Dollar (KRW to USD) - 5 Year History