Affected by US tariffs, the average daily amplitude of the Korean won against the US dollar hit a two-and-a-half-year high in April."
According to online reports, according to the Bank of Korea, due to the impact of U.S. tariff policy, the exchange rate of the Korean won against the US dollar fluctuated violently in April, with an average single-day amplitude of 9.7 won, the highest level since November 2022. Data showed that the average daily amplitude of the exchange rate of the Korean won against the US dollar for the month was 9.7 won, with a rate of change of 0.67%, which more than tripled from March (4.3 won, 0.29%), setting a new high since November 2022. In November 2022, due to expectations that the Federal Reserve might slow down interest rates, the exchange rate experienced greater fluctuations, with an average daily amplitude of 12.3 won at that time.
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