[Today's Won] Dollar-Won 1,341.5 won… up 0.5 won

The won-dollar exchange rate closed at 1,341.5 per dollar on November 4, up 0.5 won from the previous session after opening at 1,344.0. The reading sits near the yearly low of 1,323.1 and roughly 8% above that trough within a 2025 range spanning 1,323.1 to 1,555.8, and is 74.5 won weaker than the 1,416.0 level of August 11. Compared with a year earlier, when the rate stood at 1,437.9, the won has appreciated, with 1 million won now converting to more dollars than before. The move matters because the currency is trading close to its cheapest dollar levels of the year, keeping the market sensitive to further won strength. What to watch next is whether the rate tests the 1,323.1 annual low or reverses toward the August highs.