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Exchange rate fluctuations, whose fault?

Today's KRW/EUR Exchange Rate: Which Currency is to Blame? AI Analysis

Current Rate

1 KRW =0.0006EUR
+0.54%Day Change

As of 2026年9月8日

Whose Fault?

EUR's fault
87%
KRW's fault

AI Analysis

On September 8, 2026, the KRW/EUR currency pair registered an exchange rate of 0.00064176, marking a daily upward movement of +0.535%. This shift represented a weaker euro and a stronger South Korean won. The underlying attribution analysis shows that the movement was predominantly driven by the South Korean won, accounting for 87% of the change, while European currency dynamics contributed the remaining 13%.

This currency movement unfolds against a backdrop of differing regional monetary policy environments and economic conditions. In the Eurozone, the European Central Bank has been navigating sticky inflation pressures influenced by energy price fluctuations, while in Asia, the South Korean won has experienced phases of broad regional strength, tracking neighboring currencies like the Japanese yen amid shifting monetary policy expectations and local fiscal updates.

Analyzing the mid-to-long-term trends reveals distinct behavioral patterns across different time horizons. Over the past 1 week, the pair gained +2.24% with a standard deviation volatility of 0.32% and a choppiness efficiency score of 1.00, pointing to a remarkably clean, stable directional trend. Looking at the 6-month horizon, the exchange rate climbed +9.74% with a volatility of 0.49% and an efficiency score of 0.20, indicating that while there was a solid net upward trajectory over the half-year period, the path was characterized by choppy, zigzagging price action. Similarly, the 1-year view shows a gain of +4.46%, a standard deviation volatility of 0.48%, and a very low efficiency score of 0.05, reflecting an extended period of high choppiness and directionless fluctuations before the more recent trend consolidation.

Historical Chart