# Korean Won Strengthens Despite Strong Dollar, Expected to Fall Further by Year-End

> The won-dollar exchange rate dipped to the 1,330 range before rebounding to about 1,344 won on November 2, 2026, up 9.5 won from the prior week. The won has held up better than other currencies despite a firm US dollar tied to Federal Reserve policy uncertainty.

- Date: 2026-11-02 · published 2026-11-03T00:23:49.184Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/76731-korean-won-strengthens-despite-strong-dollar-expected-to-fall-further-by-year
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger won reduces the local-currency cost of dollar-priced feed imports for Korea, while analysts expecting further won declines by year-end imply a shift in that cost pressure. Currency moves of this size are a modest factor for feed buyers in Korea.

## Read by commodity

- DXY: neutral
- USDKRW: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-03-23 | [Does the US dollar have further to fall?](https://feedsoft.ai/events/48319-does-the-us-dollar-have-further-to-fall.md) | +0.8% | -0.7% |
| DXY | 2022-12-27 | [BOK's reserve management team expects dollar to bounce back amid recession woes - The Korea Herald](https://feedsoft.ai/events/38453-bok-s-reserve-management-team-expects-dollar-to-bounce-back-amid-recession-woes.md) | +0.1% | -2.5% |
| DXY | 2024-02-26 | [Dollar Ends the Week Flat Even as Treasury Yields Fall](https://feedsoft.ai/events/31932-dollar-ends-the-week-flat-even-as-treasury-yields-fall.md) | -0.0% | +0.1% |
| DXY | 2026-10-26 | [Peruvian Sol Strengthens as Dollar Retreats - SquawkNews](https://feedsoft.ai/events/17341-peruvian-sol-strengthens-as-dollar-retreats-squawknews.md) | +0.3% | — |
| DXY | 2018-09-25 | [Dollar slips ahead of widely expected Fed rate hike](https://feedsoft.ai/events/63243-dollar-slips-ahead-of-widely-expected-fed-rate-hike.md) | +0.3% | +1.4% |

## Sources

- ajupress.com: https://www.ajupress.com/view/20261102160870046

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