# US dollar-Korean won exchange rate least volatile in 3 years in Q3 - The Korea Herald

> The Bank of Korea reported that the US dollar-won exchange rate was the least volatile in three years in Q3 2017, with an average daily high-low gap of 4.8 won. Average daily variation also hit its smallest since Q3 2014 at 4.2 won, despite North Korean tensions.

- Date: 2017-10-24 · published 2017-10-24T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/68694-us-dollar-korean-won-exchange-rate-least-volatile-in-3-years-in-q3-the-korea
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

A calm won limits currency-driven swings in the cost of Korean feed imports priced in dollars, so it has little direct effect on feed commodity prices.

## Read by commodity

- USDKRW: neutral

## Sources

- koreaherald.com: https://www.koreaherald.com/article/1482191

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