Resolution criteria

The market resolves YES if the USD/KRW exchange rate is above 1,520 on May 1st, 2026. Resolution will be determined using the closing mid-market rate from a major financial data provider such as Investing.com, XE.com, or Wise. The market resolves NO if the rate is 1,520 KRW or lower on that date.

Background

As of March 29, 2026, the USD/KRW exchange rate was 1,508.02, placing it approximately 12 KRW below the 1,520 threshold. The highest USD to South Korean won rate in recent months was on March 19, 2026 when 1 US dollar was worth 1,504.40 South Korean won. The South Korean won has weakened past 1,505 per dollar amid persistent Middle East tensions and disruptions around the Strait of Hormuz that kept global oil prices high, straining Korea's energy-dependent economy.

Considerations

The USD/KRW pair has shown volatility driven by geopolitical factors. Over the last 30 days, USD to KRW moved between 1,432.83 and 1,513.19 with an average of 1,483.48. The 1,520 threshold represents a relatively modest appreciation of the dollar from current levels—approximately 0.8% from the March 29 rate.

This description was generated by AI.