Exchange Rate Calculator

The exchange rate between the South Korean Won (KRW) and the Australian Dollar (AUD) is a critical indicator for businesses, investors, and policymakers engaged in trade and financial activities between South Korea and Australia. This report provides an analysis of the KRW/AUD exchange rate over the past few months, examining historical trends, technical indicators, and potential future movements.

Historical Exchange Rate Trends

Over the six-month period from September 19, 2024, to March 16, 2025, the KRW/AUD exchange rate exhibited relative stability with minor fluctuations. The highest recorded rate was 0.0011161 AUD per KRW on February 2, 2025, while the lowest was 0.0010848 AUD per KRW on November 11, 2024. The average exchange rate during this period was approximately 0.0010984 AUD per KRW.

In February 2025, the exchange rate ranged between 0.001089 AUD and 0.001105 AUD, with an average of 0.001098 AUD. This indicates a period of slight appreciation of the KRW against the AUD.

Technical Analysis

As of March 20, 2025, technical indicators suggested a bearish outlook for the KRW/AUD pair. The Relative Strength Index (RSI) stood at 39.22, indicating a sell signal. Other indicators, such as the Stochastic Oscillator (29.204), MACD (-0.35), and Average Directional Index (47.148), also pointed towards selling pressure. Moving averages further supported this sentiment, with short-term averages (MA5 to MA100) signaling a sell, while the longer-term MA200 indicated a buy.

Forecast and Market Sentiment

Short-term forecasts projected a slight depreciation of the KRW against the AUD. For instance, a one-month prediction estimated the exchange rate to decrease by 0.72%, from 0.001095 AUD to 0.001087 AUD. The market sentiment during this period was bearish, with a 40% probability of the KRW weakening against the AUD.

Factors Influencing the Exchange Rate

Several factors have influenced the KRW/AUD exchange rate:

• Economic Performance: South Korea's robust export-driven economy and Australia's commodity-based economy have different sensitivities to global economic conditions, affecting their respective currencies.

• Interest Rate Differentials: Diverging monetary policies between the Bank of Korea and the Reserve Bank of Australia can lead to capital flows that impact the exchange rate.

• Commodity Prices: Australia's reliance on commodity exports means that fluctuations in global commodity prices can influence the AUD's strength relative to the KRW.

• Trade Relations: Bilateral trade agreements and trade balances between South Korea and Australia also play a role in determining the exchange rate dynamics.

Conclusion

The KRW/AUD exchange rate has remained relatively stable over the past few months, with minor fluctuations influenced by economic indicators, technical factors, and market sentiment. While short-term forecasts suggest a slight depreciation of the KRW against the AUD, the overall outlook remains subject to global economic developments and bilateral trade dynamics. Stakeholders should monitor these factors closely to make informed decisions regarding currency exposure and international transactions.