KRW/ZAR: what to know
The KRW/ZAR rate shows how much ZAR you get for 1 KRW. Right now, 1 KRW buys 0.0126 ZAR at the mid-market rate. In the other direction, 1 ZAR is worth 79.5999 KRW.
In the short term KRW is driven mainly by tech exports and global risk appetite, while ZAR responds to commodity prices and risk appetite.
The South Korean Won (KRW) is issued by Bank of Korea. “Won” shares a root with yen and yuan, meaning “round”. The South African Rand (ZAR) is issued by South African Reserve Bank. The rand is named after the Witwatersrand ridge, where gold was discovered.
Available archived KRW/ZAR observations within the last 365 days range from 0.0105 to 0.0124, with a +3.63% change from the first to the last available sample. This is not necessarily a full year of observations or an intraday range.
Your bank, card issuer or exchange office may use a different rate and charge fees. Compare the final amount after the charges disclosed for your offer.