The EUR/KRW exchange rate stood at 1711.8823 on March 13, 2026, marking a daily increase of +0.115%. This movement signifies that the Euro strengthened against the South Korean Won, or conversely, the KRW weakened. The daily attribution analysis suggests this move was slightly more influenced by the KRW side (54%) than the EUR side (46%), indicating that factors weakening the Won were the primary catalyst for the day's rise in the cross-rate.

To provide concrete context, a search for recent economic news impacting the Eurozone or South Korea is necessary. For instance, if the European Central Bank (ECB) signaled a hawkish stance on interest rate differentials relative to the Bank of Korea (BOK), it could support EUR strength. Conversely, weaker South Korean economic data, perhaps related to domestic inflation or exports, would pressure the KRW.

Analyzing the mid-to-long-term trends reveals a clear uptrend for EUR/KRW over the last year. The pair has appreciated by +8.51% over the past year, moving from a low of 1547.7054 to a high of 1745.3740. Over the 6-month period, the appreciation was +4.96% (+80.90 KRW). The 1-week movement was a slight dip of -0.30% (-5.13 KRW), suggesting a minor pullback following recent highs.

Market stability is best assessed through the Volatility (SD) and Efficiency (Choppiness) metrics. Over the last year and 6 months (SD of 0.52% and 0.47% respectively), the market has exhibited moderate volatility, but the Efficiency (0.09 for 1 year, 0.11 for 6 months) is very low. This low efficiency, coupled with significant net gains, indicates a powerful, sustained trending market over the medium term, meaning the price moves have been relatively direct rather than directionless zigzags. In contrast, the past week shows slightly higher Efficiency (0.57), suggesting the recent minor decline was less clean and perhaps more choppy than the strong long-term trend. For KRW residents in Europe, this long-term trend implies that the cost of the Euro in Won terms has been steadily increasing.