Official exchange rate, LCU per USD, period average in South Korea

South Korea: Official exchange rate, LCU per USD, period average was 1,475 in 2026. ▲ Rising

Latest (2026)
1,475
Change on year
up 3.7%
World rank
27th
of 195 countries
All-time high
1,475
in 2026
All-time low
674.35
in 1989
Years of data
40
1987–2026

Official exchange rate, LCU per USD, period average in South Korea, 1987–2026

05001.0k1.5k1987200620261987: 826.51988: 734.81989: 674.31990: 710.41991: 736.51992: 782.81993: 802.51994: 801.41995: 768.61996: 801.51997: 9491998: 1.4k1999: 1.2k2000: 1.1k2001: 1.3k2002: 1.2k2003: 1.2k2004: 1.1k2005: 1.0k2006: 954.72007: 929.22008: 1.1k2009: 1.3k2010: 1.2k2011: 1.1k2012: 1.1k2013: 1.1k2014: 1.1k2015: 1.1k2016: 1.2k2017: 1.1k2018: 1.1k2019: 1.2k2020: 1.2k2021: 1.1k2022: 1.3k2023: 1.3k2024: 1.4k2025: 1.4k2026: 1.5k

Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.

Analysis

South Korea recorded 1,475 for official exchange rate, lcu per usd, period average in 2026. That is the highest value across all 40 years on record.

The figure is up 3.7% on the previous year and up 27.1% over ten years.

Over the whole period, official exchange rate, lcu per usd, period average in South Korea peaked at 1,475 in 2026 and was at its lowest, 674.35, in 1989.

That places South Korea 27th out of 195 countries with data for 2026, putting it in the top quarter.

The long-run direction has been consistently rising across the 40 years of available data.

Official exchange rate, LCU per USD, period average in South Korea, year by year

Annual values for Official exchange rate, LCU per USD, period average in South Korea, 1987 to 2026.
Year Value Change
1987 826.46
1988 734.82 -11.1%
1989 674.35 -8.2%
1990 710.43 +5.4%
1991 736.48 +3.7%
1992 782.81 +6.3%
1993 802.48 +2.5%
1994 801.4 -0.1%
1995 768.65 -4.1%
1996 801.47 +4.3%
1997 949 +18.4%
1998 1,398 +47.3%
1999 1,188 -15.0%
2000 1,132 -4.8%
2001 1,290 +14.0%
2002 1,250 -3.1%
2003 1,192 -4.6%
2004 1,145 -3.9%
2005 1,024 -10.6%
2006 954.68 -6.8%
2007 929.23 -2.7%
2008 1,101 +18.4%
2009 1,277 +16.0%
2010 1,156 -9.4%
2011 1,108 -4.2%
2012 1,126 +1.7%
2013 1,095 -2.8%
2014 1,053 -3.8%
2015 1,132 +7.5%
2016 1,160 +2.6%
2017 1,131 -2.5%
2018 1,100 -2.7%
2019 1,166 +5.9%
2020 1,180 +1.2%
2021 1,144 -3.0%
2022 1,291 +12.8%
2023 1,306 +1.1%
2024 1,364 +4.4%
2025 1,422 +4.3%
2026 1,475 +3.7%

South Korea compared with similar countries

  • South Korea's 1,475 is above the median for high income countries, which is 4.1, 359.8× the median. (70 countries reporting)
  • South Korea's 1,475 is above the median for East Asia & Pacific, which is 8.06, 183.0× the median. (28 countries reporting)

Biggest year-on-year movements

Years where Official exchange rate, LCU per USD, period average in South Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1998 +47.3% 949 1,398

Averages by decade

DecadeAverage LowestHighest Years
1980s 745.21 674.35 826.46 3
1990s 893.91 710.43 1,398 10
2000s 1,129 929.23 1,290 10
2010s 1,123 1,053 1,166 10
2020s 1,312 1,144 1,475 7

Countries ranked near South Korea

  1. 24 Myanmar 2,100 compare
  2. 25 Malawi 1,734 compare
  3. 26 Italy 1,666 compare
  4. 28 Rwanda 1,459 compare
  5. 29 Argentina 1,433 compare
  6. 30 Nigeria 1,373 compare

See the full ranking of 195 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is official exchange rate, lcu per usd, period average in South Korea?
Official exchange rate, lcu per usd, period average in South Korea was 1,475 in 2026, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
What is the highest official exchange rate, lcu per usd, period average recorded in South Korea?
The highest recorded value was 1,475 in 2026.
What is the lowest official exchange rate, lcu per usd, period average recorded in South Korea?
The lowest recorded value was 674.35 in 1989.
How does South Korea rank for official exchange rate, lcu per usd, period average?
South Korea ranks 27th out of 195 countries with data for 2026.
Is official exchange rate, lcu per usd, period average rising or falling in South Korea?
Over the last ten years it is up 27.1%. The long-run trend across the full record is rising.
Where does this South Korea data come from?
The figures come from World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as part of Official exchange rate, LCU per USD, period average. Statizoid updates them automatically from the source API.

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Official exchange rate, LCU per USD, period average in South Korea. Statizoid, drawing on World Bank staff calculations based on Datastream and IMF International Finance Statistics data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/official-exchange-rate-lcu-per-usd-period-average/korea-rep/

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About this data

Indicator
Official exchange rate, LCU per USD, period average
Source
World Bank staff calculations based on Datastream and IMF International Finance Statistics data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
195 places, 7,574 data points, 1987–2026
Last refreshed

Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).