A price gain can still mean a loss in KRW
Consider buying 10 shares at USD 100 and selling at USD 110. Fees are zero; buy FX is KRW 1,400 per USD and sale FX is KRW 1,250.
In USD, 1,000 becomes 1,100: a 10% gain. In KRW, 1,400,000 becomes 1,375,000: a loss of 25,000, or about −1.7857%.
USD profit of 100 at buy FX contributes +KRW 140,000. Applying the −150 FX change to net proceeds of USD 1,100 contributes −KRW 165,000. The sum is −KRW 25,000.
KRW return formula
USD purchase cost = buy price × quantity + buy fee. Net USD sale proceeds = sale price × quantity − sale fee.
KRW purchase cost = USD purchase cost × buy FX
Net KRW proceeds = net USD proceeds × sale FX
For each currency, profit/loss is net proceeds minus purchase cost, and return is profit/loss divided by purchase cost × 100%. Both FX inputs are KRW/USD; converting only USD profit at sale FX gives a different result.
Scope and limitations
- What if I have not converted the money?
- This measures performance at the entered exchange rates, not realized FX gains. If you traded using existing USD holdings or used multiple conversion/deposit dates, actual cash flows need separate analysis.
- What units should fees use?
- Each fee is the total USD amount for that trade, not a per-share fee or percentage. Do not enter a KRW-denominated fee directly in a USD fee field.
- What about multiple purchases or partial sales?
- This calculation applies the same quantity to one purchase and one sale. A simple average of exchange rates from several transactions may not give an accurate result.
- Is this an after-tax return?
- No. Only entered trading fees are included. Capital gains tax, dividends, dividend tax and separately paid conversion fees are not calculated automatically.
2026-10-29 · Added US stock returns in KRW with entered exchange rates, USD fees and URL sharing.