Korean Won Experiences Significant Fluctuations Due to U.S. Tariff Policies

According to BlockBeats, the Korean won experienced significant fluctuations against the U.S. dollar in April, influenced by U.S. tariff policies. The average daily amplitude of the won-dollar exchange rate reached 9.7 won, marking the highest level since November 2022. Data indicates that the daily average fluctuation of the won against the dollar was 9.7 won, with a change rate of 0.67%. This represents more than double the fluctuations seen in March, which recorded an average daily amplitude of 4.3 won and a change rate of 0.29%. The last time such significant volatility was observed was in November 2022, when expectations of a potential slowdown in interest rate hikes by the Federal Reserve led to an average daily amplitude of 12.3 won.