The won / dollar exchange rate remained flat in afternoon trade on January 18 , as the strength of the greenback against the dollar overnight was offset by a rally of Korean stocks . At 1 : 36 pm , the won / dollar exchange rate stood at 1 , 116 . 20 won , down 0 . 80 won , or 0 . 07 % after it opened at 1 , 115 . 00 won , down 2 . 60 won . With New York markets closed for the Martin Luther King Day public holiday , the euro fell sharply to $ 1 . 32 from $ 1 . 33 on lowered expectations about Europe ’ s fiscal safety funds . [ Written by Dae - min Park / edited by Soyoung Chung ]