SEOUL, Oct. 24 (Xinhua) -- South Korean currency's volatility against the U.S. dollar fell to the lowest in three years in the third quarter despite geopolitical risks on the Korean Peninsula, central bank data showed Tuesday.
The daily volatility in the won/dollar exchange rate, or difference between daily high and low, averaged 0.42 percent, or 4.8 won per dollar, in the July-September quarter, down from 5.8 won in the previous quarter, according to the Bank of Korea (BOK).
It marked the lowest since the third quarter of 2014 as investors in the currency market were accustomed to tensions on the peninsula.
The Democratic People's Republic of Korea (DPRK) conducted its sixth and most powerful nuclear test in early September, after test-firing ballistic missiles with intercontinental capability twice in July.
Amid the heightened tensions, the South Korean currency depreciated to the greenback. The won/dollar exchange rate averaged 1,132.5 won per dollar in the third quarter, up 2.4 won from the previous quarter.
The daily average trading of foreign currencies in the inter-bank market stood at 23.45 billion dollars in the quarter, up 0.38 billion dollars from three months earlier.
The won/yuan exchange rate averaged 171.97 won per yuan, up 3.02 won from the prior quarter. The won/yen rate fell 4.5 won to 10.165 won per yen in the same period.
