Home

The Korea Herald

Latest news

Most Popular

  1. 1

    Contentious grain bill put directly to plenary meeting for vote

    Contentious grain bill put directly to plenary meeting for vote
  2. 2

    Yoon's approval rating plunges to all-time low

    Yoon's approval rating plunges to all-time low
  3. 3

    Will tug-of-war between doctors, government end soon?

    Will tug-of-war between doctors, government end soon?
  4. 4

    Climate impacts set to cut 2050 global GDP by nearly a fifth

    Climate impacts set to cut 2050 global GDP by nearly a fifth
  5. 5

    Trilateral talks acknowledge ‘serious’ slumps of won, yen

    Trilateral talks acknowledge ‘serious’ slumps of won, yen
  1. 6

    [Graphic News] More Koreans say they plan long-distance trips this year

    [Graphic News] More Koreans say they plan long-distance trips this year
  2. 7

    [KH Explains] Hyundai's full hybrid edge to pay off amid slow transition to pure EVs

    [KH Explains] Hyundai's full hybrid edge to pay off amid slow transition to pure EVs
  3. 8

    North Korea removes streetlights along cross-border roads with South

    North Korea removes streetlights along cross-border roads with South
  4. 9

    Russia's denial of entry of S. Korean national unrelated to bilateral ties: Seoul official

    Russia's denial of entry of S. Korean national unrelated to bilateral ties: Seoul official
  5. 10

    Farming households dip below 1m for first time in 2023

    Farming households dip below 1m for first time in 2023
피터빈트

Dollar-won volatility widens in Q1

By Korea Herald

Published : April 20, 2017 - 13:35

    • Link copied

The volatility in the dollar-won exchange rates slightly increased in the first quarter from the previous three-month period as the US greenback weakened this year, central bank data showed Thursday.

The average daily variation, showing the change from the previous session's closing price, came to 5.7 won in the January-March period, up from 4.9 won in the previous quarter, according to the Bank of Korea.

(Yonhap) (Yonhap)

The increased fluctuation in the dollar-won exchange rates came as the dollar has weakened since late last year, the BOK said.

Meanwhile, the average gap between the daily high and low of the dollar-won exchange rates came to 6.9 won in the first quarter, down from a 7.0 won fluctuation a quarter earlier, the BOK said.

In the first quarter, the local currency traded at an average of 1,152.6 won against the US dollar, compared with 1,158.6 won in the previous quarter, it said.

Meanwhile, the BOK said the daily foreign exchange turnover by local lenders came to $22.41 billion in the first quarter, up $2.56 billion from the previous quarter. (Yonhap)

More from Headlines