According to Hyundai Motor Securities, economist Choi Je-min forecasted on November 12 that the average dollar-won exchange rate for 2027 will reach 1,313 KRW, with year-end projected at 1,284 KRW. The forecast reflects analysis of foreign exchange market pressure, reserve asset transactions, and interest rate changes.
The first quarter is expected to see rates hovering around 1,340 KRW before declining from the second quarter onward as dollar supply surplus materializes. The economist expects this rebalancing will reflect accumulated oversupply in the foreign exchange market following the sharp rate decline observed in recent months.