The exchange rate that is. It’s been ridiculously high for months and it finally coming back to the merely aggravating range.  The Korean won has been in a slump for a while but yesterday dropped below 1400 won to the dollar. It was nearly 1600 earlier this month.

While I am happy it’s down, I’m not holding my breath – or changing all my won for dollars just yet. One quick look at the exchange rate graph will show that this, too, may be a temporary thing. It could be, as Wall Street folks are wont to say, a deat cat bounce.

I’m only hoping it continues to go down, hopefully below 1000, before I head back to the States in May. Keep your fingers crossed for me.