# S. Korea's currency hits 1 1/2-month low as oil prices climb | Yonhap News Agency

> The won fell to 1,517.2 per dollar on May 22, its weakest since April 2, as oil prices rose on doubts about a US-Iran peace deal. Foreign investors were net sellers of local stocks, and authorities warned about excessive moves.

- Date: 2026-05-22 · published 2026-05-22T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/19515-s-korea-s-currency-hits-1-1-2-month-low-as-oil-prices-climb-yonhap-news-agency
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Higher crude prices and a weaker won together raise the cost of imported feed and energy for Korean buyers.

## Read by commodity

- WTI: bullish ▲
- USDKRW: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2026-09-28 | [Asian currencies: Thai baht hits two-month low as oil prices surge - Markets - Business Recorder](https://feedsoft.ai/events/17732-asian-currencies-thai-baht-hits-two-month-low-as-oil-prices-surge-markets.md) | +9.1% | +18.9% |
| WTI | 2022-01-11 | [Canadian dollar climbs to 2-month high as oil prices jump](https://feedsoft.ai/events/43396-canadian-dollar-climbs-to-2-month-high-as-oil-prices-jump.md) | +9.3% | +14.3% |
| WTI | 2024-08-22 | [Oil prices settle $1 up on hopes of a US Fed rate cut next month \| Reuters](https://feedsoft.ai/events/28696-oil-prices-settle-1-up-on-hopes-of-a-us-fed-rate-cut-next-month-reuters.md) | +3.7% | +0.1% |
| WTI | 2021-10-12 | [Seoul shares end lower on inflation woes, foreign selling \| Yonhap News Agency](https://feedsoft.ai/events/44802-seoul-shares-end-lower-on-inflation-woes-foreign-selling-yonhap-news-agency.md) | +2.4% | +1.7% |
| WTI | 2016-12-01 | [Dollar climbs to 9-1/2-month high vs yen on oil, Mnuchin](https://feedsoft.ai/events/73709-dollar-climbs-to-9-1-2-month-high-vs-yen-on-oil-mnuchin.md) | +0.8% | +8.8% |

## Sources

- en.yna.co.kr: https://en.yna.co.kr/view/AEN20260522009800320

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