How to Read the Trends in the Exchange Rate Market
To predict the movement of the USD/KRW exchange rate, you shouldn't just look at the current numbers. Examining data from the past 20 years reveals that clear patterns have repeated each time a global economic crisis occurred. During the 2008 financial crisis, the demand for the dollar surged, pushing the exchange rate above 1,500 won, and similarly, in the early stages of the 2020 pandemic, a preference for safe assets led to a strong dollar. Now, understanding the exchange rate trend for 2025 requires a comprehensive analysis of past lessons, current policy changes, and the international trade environment.
Current economic indicators, policy variables, and geopolitical risks are