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About SMBS

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  • Basic Exchange RateBasic Exchange Rate
  • Arbitrated Basic Exchange Rate
  • Forward Evaluation Exchange RateForward Evaluation Exchange Rate

Arbitrated Basic Exchange Rate

Arbitrated Basic Exchange Rate of the Japanese Yen and other 41 currencies refer to the exchange rate arbitrated between the U.S. dollar rates of foreign currencies quoted in the international markets and the basic exchange rate of the Korean won against the U.S. dollar.

Arbitrated Basic Exchange Rate
Calculation

the rate is calculated based on the U.S. dollar rate of other currencies quoted recently in major international financial market and the basic exchange rate of Korean won against the U.S dollar.

Notification

- SMBS Electronic Broking System (EBS) and Homepage
- Information providers on and offshore (Reuters: KFTC18, SMBS18, InfoMax 2201, Bloomberg News etc)

Hours 08:30 of the business day