[Today's Won] Dollar-Won exchange rate at 1,343.8 won, surging 9.5 won in a single day

The won strengthened sharply against the dollar, with the USD/KRW exchange rate closing at 1,343.8 on November 2, up 9.5 won from the previous session in the Seoul FX market. The session opened at 1,335.0, 0.7 won above the prior close, before the late-day surge. The rate now sits near its yearly low of 1,323.1, well below the 2025 high of 1,555.8, and is roughly 9% above the annual low on a full-year range basis. Compared with 1,416.1 on August 7, the rate has fallen 72.3 won over three months, and it stands 80.6 won below the 1,424.4 level of October 31, 2024, marking a year-over-year gain in won value. The rapid single-day move signals renewed FX volatility that traders and corporates with dollar exposure will be watching closely for follow-through in coming sessions.