USD/KRW Exchange Rate Recap at 1,482.78 on April 11, 2026
A detailed recap of the foreign exchange market on April 11, 2026, integrating USD/KRW and major currency exchange rates, commodity trends, and global economic issues.
Exchange Rate Summary for Today
On April 11, 2026, the USD/KRW exchange rate closed at 1,482.78 won, maintaining a relatively stable level compared to the previous day. Against major currencies, the Korean won showed slight strength against the Japanese yen (932.95 KRW per 100 JPY) and the euro (1,742.16 KRW), while the Chinese yuan stood at 217.17 KRW. The EUR/USD rate was 1.17, indicating a modest weakness of the euro against the dollar.
Background to Exchange Rate Stability
Though the U.S. Federal Reserve has signaled a slight easing of its monetary tightening stance, the possibility of maintaining high interest rates has kept the dollar from strengthening considerably. Meanwhile, the Bank of Korea kept its benchmark interest rate steady at 3.5%, with its monetary policy showing little change from previous months, contributing to reduced volatility in the Korean won.
Major Currency Pair Analysis
- USD/KRW: At 1,482.78 won, upward pressure has eased somewhat, yet volatility around the 1,480 level remains. Mixed U.S. economic indicators have limited sharp short-term fluctuations.
- JPY/KRW: At 932.95 won per 100 yen, the Bank of Japan continues its accommodative monetary policy resulting in sustained yen weakness, which in turn underpins relative won strength.
- EUR/KRW: At 1,742.16 won, the euro weakened slightly against the dollar, causing a modest decline in euro value against the won. The European Central Bank’s rate hold and signs of easing geopolitical risks were observed.
- CNY/KRW: At 217.17 won, the yuan remained stable, but expectations of China’s economic stimulus measures serve as a medium- to long-term bullish factor.
Commodity Trends
Precious metals such as gold and silver have shown slight adjustments amid easing global economic uncertainties. Gold price stabilized around $1,900 per ounce, with silver displaying a similar pattern and no significant volatility. This reflects the global inflation slowdown and expectations of Fed policy easing.
Exchange Rate Outlook and Key Issues
Moving forward, the interest rate differential between Korea and the U.S., the potential easing of global geopolitical tensions, and the economic recovery pace of major trading partners will be critical variables for exchange rates. Notably, U.S.-China relations and political risks within East Asia are likely to impact the won and other major currencies.
The Fed’s upcoming monetary policy meetings and the Bank of Korea’s interest rate decisions will also be catalysts for near-term exchange rate volatility. Domestic exporters and importers should carefully manage risks related to dollar fluctuations, while foreign investors need to stay prepared for changes in the global financial environment.
Investor Reference
This recap is for informational purposes only and does not constitute investment advice. Given the sensitivity of exchange rates and commodity markets to international economic conditions, it is recommended to continuously monitor the latest economic data and policy developments. Export and import companies, in particular, should regularly analyze the profitability and cost impacts of exchange rate changes and consider hedging strategies.
We hope this foreign exchange market analysis recap serves as a valuable resource for understanding economic flows and exchange rate trends.