# S. Korea's daily FX turnover jumps to record high in 2019 - The Korea Herald

> South Korea's average daily foreign exchange turnover reached a record $55.77 billion in 2019, up 0.5% from a year earlier. The rise came entirely from FX derivatives, while spot trading fell 7.1%. The Bank of Korea data also showed yuan-won trading jumped 25.5%.

- Date: 2020-01-31 · published 2020-01-31T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/55317-s-korea-s-daily-fx-turnover-jumps-to-record-high-in-2019-the-korea-herald
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

This is a financial-market statistic with no direct effect on grain, oilseed or feed supply and demand. It has negligible price implications for feed buyers.

## Sources

- koreaherald.com: https://www.koreaherald.com/article/2218123

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