Korea - Official exchange rate

Official exchange rate (LCU per US$, period average)

The value for Official exchange rate (LCU per US$, period average) in Korea was 1,143.96 as of 2021. As the graph below shows, over the past 61 years this indicator reached a maximum value of 1,403.18 in 1998 and a minimum value of 63.13 in 1960.

Definition: Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).

Source: International Monetary Fund, International Financial Statistics.

See also:

Year Value
1960 63.13
1961 124.79
1962 130.00
1963 130.00
1964 213.85
1965 266.27
1966 271.13
1967 270.51
1968 276.64
1969 288.24
1970 310.56
1971 347.15
1972 392.89
1973 398.32
1974 404.47
1975 484.00
1976 484.00
1977 484.00
1978 484.00
1979 484.00
1980 607.72
1981 681.03
1982 731.17
1983 775.75
1984 805.97
1985 870.02
1986 881.46
1987 822.56
1988 731.46
1989 671.46
1990 707.77
1991 733.33
1992 780.67
1993 802.54
1994 803.77
1995 771.25
1996 804.46
1997 949.89
1998 1,403.18
1999 1,189.44
2000 1,130.36
2001 1,290.79
2002 1,251.60
2003 1,191.65
2004 1,146.25
2005 1,024.33
2006 955.34
2007 929.38
2008 1,100.13
2009 1,277.25
2010 1,156.46
2011 1,108.23
2012 1,126.81
2013 1,094.98
2014 1,052.84
2015 1,130.95
2016 1,160.77
2017 1,131.00
2018 1,100.16
2019 1,165.36
2020 1,180.27
2021 1,143.96

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices