Below is a comprehensive summary of the Korean Won (KRW) to US Dollar (USD) exchange rate history for the year 2021, including monthly trends, key fluctuations, and FAQs.
Key Statistics
| Metric | Value |
|---|---|
| Highest Rate | 0.0009210 USD (January 1, 2021) |
| Average Rate | 0.0008739 USD |
| Lowest Rate | 0.0008327 USD (November 8, 2021) |
Annual Performance
- The KRW/USD rate declined by 8.68% in 2021, reflecting a depreciation of the Korean Won against the US Dollar.
Monthly Breakdown
January 2021
- Highest: 0.0009210 USD (January 1)
- Lowest: 0.0008941 USD (January 29)
- Average: 0.0009100 USD
February 2021
- Highest: 0.0009072 USD (February 15)
- Lowest: 0.0008890 USD (February 26)
- Average: 0.0008997 USD
March 2021
- Highest: 0.0009070 USD (March 1)
- Lowest: 0.0008762 USD (March 8)
- Average: 0.0008849 USD
April 2021
- Highest: 0.0009028 USD (April 29)
- Lowest: 0.0008851 USD (April 2)
- Average: 0.0008944 USD
May 2021
- Highest: 0.0009025 USD (May 31)
- Lowest: 0.0008801 USD (May 17)
- Average: 0.0008906 USD
June 2021
- Highest: 0.0009024 USD (June 1)
- Lowest: 0.0008809 USD (June 18)
- Average: 0.0008905 USD
July 2021
- Highest: 0.0008846 USD (July 5)
- Lowest: 0.0008662 USD (July 27)
- Average: 0.0008734 USD
August 2021
- Highest: 0.0008747 USD (August 5)
- Lowest: 0.0008493 USD (August 17)
- Average: 0.0008616 USD
September 2021
- Highest: 0.0008652 USD (September 3)
- Lowest: 0.0008414 USD (September 29)
- Average: 0.0008524 USD
October 2021
- Highest: 0.0008561 USD (October 25)
- Lowest: 0.0008347 USD (October 12)
- Average: 0.0008461 USD
November 2021
- Highest: 0.0008492 USD (November 1)
- Lowest: 0.0008327 USD (November 8)
- Average: 0.0008432 USD
December 2021
- Highest: 0.0008528 USD (December 8)
- Lowest: 0.0008394 USD (December 21)
- Average: 0.0008444 USD
FAQs
What factors influenced the KRW/USD rate in 2021?
- Global economic recovery: Post-pandemic trends impacted currency valuations.
- US monetary policy: Federal Reserve actions influenced USD strength.
- Korean export performance: Demand for Korean goods affected KRW stability.
When was the best time to exchange KRW to USD in 2021?
The highest rate occurred on January 1, 2021 (1 KRW = 0.0009210 USD).
How did the KRW perform against other major currencies?
๐ Compare KRW to other currencies
Conclusion
2021 was a volatile year for the KRW/USD pair, with significant depreciation observed amid global economic shifts. For real-time updates, visit reputable financial platforms.