$BNB
Looks like the Korean won had a wild ride in April.
According to #BlockBeats , the won-dollar exchange rate saw big swings — averaging a 9.7 won daily fluctuation, the highest since November 2022.
What’s behind it? Mostly pressure from recent U.S. tariff policies.
To put it in perspective:
April saw a 0.67% change rate, more than double March’s 0.29%.
In March, the average daily move was just 4.3 won.
The last time we saw this kind of volatility was back in Nov 2022, when markets reacted to potential Fed rate hike pauses — that time, the daily average hit 12.3 won.