Key information about South Korea Exchange Rate against USD

• South Korea Exchange Rate against USD averaged 1,327.480 (USD/KRW) in May 2023, compared with 1,322.057 USD/KRW in the previous month.
• South Korea Exchange Rate against USD data is updated monthly, available from Jan 1957 to May 2023.
• The data reached an all-time high of 1,707.300 in Jan 1998 and a record low of 50.000 in Jan 1960.

• In the latest reports, South Korea Short Term Interest Rate: Month End: KORIBOR: 3 Months was reported at 3.810 % pa in May 2023.
• Its Long Term Interest Rate (Long Term Interest Rate: Month End: South Korea: Treasury Bond Yield: 10 Years) was reported at 3.532 % pa in May 2023.
• The cash rate (Policy Rate: Month End: Base Rate: Bank of Korea) was set at 3.500 % pa in May 2023.

Graph and download economic data for Currency Conversions: US Dollar Exchange Rate: Average of Daily Rates: National Currency: USD for Mexico (MEXCCUSMA02GYQ) from Q1 1960 to Q4 2023 about Mexico, exchange rate, currency, rate, and USA.

economic growth for 2023 was 28.341 trillion US dollars, a 0.99% increase from 2022.

<ul style='margin-top:20px;'>

<li> economic growth for 2022 was <strong>28.063 trillion US dollars</strong>, a <strong>4.43% increase</strong> from 2021.</li>
<li> economic growth for 2021 was <strong>26.873 trillion US dollars</strong>, a <strong>19.27% increase</strong> from 2020.</li>
<li> economic growth for 2020 was <strong>22.531 trillion US dollars</strong>, a <strong>2.25% decline</strong> from 2019.</li>
</ul>GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

GDP for 2023 was 27.241 trillion US dollars, a 7.29% increase from 2022.

<ul style='margin-top:20px;'>

<li> GDP for 2022 was <strong>25.389 trillion US dollars</strong>, a <strong>0.23% increase</strong> from 2021.</li>
<li> GDP for 2021 was <strong>25.331 trillion US dollars</strong>, a <strong>14.33% increase</strong> from 2020.</li>
<li> GDP for 2020 was <strong>22.157 trillion US dollars</strong>, a <strong>3.28% decline</strong> from 2019.</li>
</ul>GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Canada CA: DEC Alternative Conversion Factor: per USD data was reported at 1.350 USD/CAD in 2023. This records an increase from the previous number of 1.302 USD/CAD for 2022. Canada CA: DEC Alternative Conversion Factor: per USD data is updated yearly, averaging 1.178 USD/CAD from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 1.569 USD/CAD in 2002 and a record low of 0.970 USD/CAD in 1960. Canada CA: DEC Alternative Conversion Factor: per USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Exchange Rates and Real Effective Exchange Rates. The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.;International Monetary Fund, International Financial Statistics, supplemented by World Bank staff estimates.;;In the WDI database, the DEC alternative conversion factor is used to convert data in local currency units (LCU) into U.S. dollars.

Philippines PH: Official Exchange Rate: Average: per USD data was reported at 50.404 PHP/USD in 2017. This records an increase from the previous number of 47.492 PHP/USD for 2016. Philippines PH: Official Exchange Rate: Average: per USD data is updated yearly, averaging 21.416 PHP/USD from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 56.040 PHP/USD in 2004 and a record low of 2.015 PHP/USD in 1960. Philippines PH: Official Exchange Rate: Average: per USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Philippines – Table PH.World Bank.WDI: Exchange Rates and Real Effective Exchange Rates. 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).; ; International Monetary Fund, International Financial Statistics.; ;

Exchange rate of Nigeria rocketed by 129.23% from 645.2 LCU per US dollars in 2023 to 1,479.0 LCU per US dollars in 2024. Since the 0.79% rise in 2014, exchange rate shot up by 832.79% in 2024. 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).

Ethiopia ET: Official Exchange Rate: Average: per USD data was reported at 21.732 ETB/USD in 2016. This records an increase from the previous number of 20.577 ETB/USD for 2015. Ethiopia ET: Official Exchange Rate: Average: per USD data is updated yearly, averaging 2.500 ETB/USD from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 21.732 ETB/USD in 2016 and a record low of 2.070 ETB/USD in 1991. Ethiopia ET: Official Exchange Rate: Average: per USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ethiopia – Table ET.World Bank.WDI: Exchange Rates and Real Effective Exchange Rates. 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).; ; International Monetary Fund, International Financial Statistics.; ;

Nepal NP: Official Exchange Rate: Average: per USD data was reported at 104.512 NPR/USD in 2017. This records a decrease from the previous number of 107.384 NPR/USD for 2016. Nepal NP: Official Exchange Rate: Average: per USD data is updated yearly, averaging 25.239 NPR/USD from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 107.384 NPR/USD in 2016 and a record low of 7.500 NPR/USD in 1960. Nepal NP: Official Exchange Rate: Average: per USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nepal – Table NP.World Bank.WDI: Exchange Rates and Real Effective Exchange Rates. 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).; ; International Monetary Fund, International Financial Statistics.; ;

Germany DE: DEC Alternative Conversion Factor: per USD data was reported at 0.925 USD/EUR in 2023. This records a decrease from the previous number of 0.950 USD/EUR for 2022. Germany DE: DEC Alternative Conversion Factor: per USD data is updated yearly, averaging 0.933 USD/EUR from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 2.147 USD/EUR in 1960 and a record low of 0.680 USD/EUR in 2008. Germany DE: DEC Alternative Conversion Factor: per USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Germany – Table DE.World Bank.WDI: Exchange Rates and Real Effective Exchange Rates. The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.;International Monetary Fund, International Financial Statistics, supplemented by World Bank staff estimates.;;In the WDI database, the DEC alternative conversion factor is used to convert data in local currency units (LCU) into U.S. dollars.

Hong Kong HK: Official Exchange Rate: Average: per USD data was reported at 7.762 HKD/USD in 2016. This records an increase from the previous number of 7.752 HKD/USD for 2015. Hong Kong HK: Official Exchange Rate: Average: per USD data is updated yearly, averaging 7.741 HKD/USD from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 7.818 HKD/USD in 1984 and a record low of 4.662 HKD/USD in 1977. Hong Kong HK: Official Exchange Rate: Average: per USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Hong Kong SAR – Table HK.World Bank.WDI: Exchange Rates and Real Effective Exchange Rates. 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).; ; International Monetary Fund, International Financial Statistics.; ;

United States US: GDP: 2015 Price: USD data was reported at 22,062.578 USD bn in 2023. This records an increase from the previous number of 21,443.388 USD bn for 2022. United States US: GDP: 2015 Price: USD data is updated yearly, averaging 9,952.094 USD bn from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 22,062.578 USD bn in 2023 and a record low of 3,431.221 USD bn in 1960. United States US: GDP: 2015 Price: USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Gross Domestic Product: Real. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2015 prices, expressed in U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2015 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;

Costa Rica CR: DEC Alternative Conversion Factor: per USD data was reported at 544.051 USD/CRC in 2023. This records a decrease from the previous number of 647.136 USD/CRC for 2022. Costa Rica CR: DEC Alternative Conversion Factor: per USD data is updated yearly, averaging 128.468 USD/CRC from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 647.136 USD/CRC in 2022 and a record low of 5.636 USD/CRC in 1960. Costa Rica CR: DEC Alternative Conversion Factor: per USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Costa Rica – Table CR.World Bank.WDI: Exchange Rates and Real Effective Exchange Rates. The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.;International Monetary Fund, International Financial Statistics, supplemented by World Bank staff estimates.;;In the WDI database, the DEC alternative conversion factor is used to convert data in local currency units (LCU) into U.S. dollars.

Canada CA: Exchange Rate: National Currency per USD: Double Hit Scenario data was reported at 1.409 USD/CAD in Dec 2021. This stayed constant from the previous number of 1.409 USD/CAD for Sep 2021. Canada CA: Exchange Rate: National Currency per USD: Double Hit Scenario data is updated quarterly, averaging 1.176 USD/CAD from Mar 1960 (Median) to Dec 2021, with 248 observations. The data reached an all-time high of 1.594 USD/CAD in Mar 2002 and a record low of 0.952 USD/CAD in Mar 1960. Canada CA: Exchange Rate: National Currency per USD: Double Hit Scenario data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Canada – Table CA.OECD.EO: Exchange Rate: Forecast: OECD Member: Quarterly. EXCHUD - Exchange rate, national currency per USD