
The won averaged 1,505.62 per dollar in the week to March 27, its weakest since the 2009 crisis, and March's monthly average was the fourth-weakest on record. Foreign investors sold a record 30.26 trillion won of Kospi shares in March, while the Middle East war and a stronger dollar added pressure.
Record foreign equity outflows and war-driven risk aversion are pushing the won lower, raising the cost of dollar-denominated feed imports for Korean buyers. Continued weakness would keep import parity elevated.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.