Official exchange rate in South Korea

South Korea: Official exchange rate was 1,363 LCU per US$, period average in 2024. β–² Rising

Latest (2024)
1,363 LCU per US$, period average
Change on year
up 4.4%
World rank
24th
of 206 countries
All-time high
1,403 LCU per US$, period average
in 1998
All-time low
310.56 LCU per US$, period average
in 1970
Years of data
55
1970–2024

Official exchange rate in South Korea, 1970–2024

2505007501.0k1.2k1.5k197019972024

Source: UNESCO Institute for Statistics. Measured in LCU per US$, period average.

Analysis

South Korea recorded 1,363 LCU per US$, period average for official exchange rate in 2024.

Compared with earlier readings it is up 4.4% on the previous year and up 29.5% over ten years.

Over the whole period, official exchange rate in South Korea peaked at 1,403 LCU per US$, period average in 1998 and was at its lowest, 310.56 LCU per US$, period average, in 1970.

South Korea ranks 24th of 206 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 55 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 427.34 LCU per US$, period average 310.56 LCU per US$, period average 484 LCU per US$, period average 10
1980s 757.86 LCU per US$, period average 607.72 LCU per US$, period average 881.46 LCU per US$, period average 10
1990s 894.63 LCU per US$, period average 707.77 LCU per US$, period average 1,403 LCU per US$, period average 10
2000s 1,130 LCU per US$, period average 929.38 LCU per US$, period average 1,291 LCU per US$, period average 10
2010s 1,123 LCU per US$, period average 1,053 LCU per US$, period average 1,165 LCU per US$, period average 10
2020s 1,257 LCU per US$, period average 1,144 LCU per US$, period average 1,363 LCU per US$, period average 5

Countries ranked near South Korea

  1. 21 South Sudan 2,163 LCU per US$, period average compare
  2. 22 Nigeria 1,479 LCU per US$, period average compare
  3. 23 Myanmar 1,382 LCU per US$, period average compare
  4. 25 Yemen 1,355 LCU per US$, period average compare
  5. 26 Rwanda 1,318 LCU per US$, period average compare
  6. 27 Iraq 1,300 LCU per US$, period average compare

See the full ranking of 209 places β†’

More population data for South Korea

All data for South Korea β†’

Frequently asked questions

What is official exchange rate in South Korea?
Official exchange rate in South Korea was 1,363 LCU per US$, period average in 2024, according to UNESCO Institute for Statistics.
What is the highest official exchange rate recorded in South Korea?
The highest recorded value was 1,403 LCU per US$, period average in 1998.
What is the lowest official exchange rate recorded in South Korea?
The lowest recorded value was 310.56 LCU per US$, period average in 1970.
How does South Korea rank for official exchange rate?
South Korea ranks 24th out of 206 countries with data for 2024.
Is official exchange rate rising or falling in South Korea?
Over the last ten years it is up 29.5%. The long-run trend across the full record is rising.
Where does this South Korea data come from?
The figures come from UNESCO Institute for Statistics, published as part of Official exchange rate (LCU per US$, period average). Statizoid updates them automatically from the source API.

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Official exchange rate in South Korea. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/stat/official-exchange-rate-lcu-per-us-period-average-2/korea-rep/

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About this data

Indicator
Official exchange rate (LCU per US$, period average)
Unit
LCU per US$, period average
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
209 places, 10,484 data points, 1970–2024
Last refreshed

February 2026 Data Release