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. Read More (Note: This news is imported from Binance news)
