# The won per dollar reached its highest level in two years and one month due to strong exports center.. - MK

> The won reached its highest level in over two years on strong semiconductor-driven exports, with the October average at 1,342.6 per dollar. The Bank of Korea's back-to-back rate hikes in July and August narrowed the interest rate gap with the U.S. September's average daily trade surplus was close to $2.5 billion.

- Date: 2026-10-19 · published 2026-10-19T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/17292-the-won-per-dollar-reached-its-highest-level-in-two-years-and-one-month-due-to
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

A firmer won lowers the cost of dollar-priced feed imports for Korean buyers, while the rate gap narrowing reduces the dollar's appeal in the short term.

## Read by commodity

- USDKRW: bearish ▼

## Sources

- mk.co.kr: https://www.mk.co.kr/en/economy/12179253

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.