ZAR/KRW: what to know
The ZAR/KRW rate shows how much KRW you get for 1 ZAR. Right now, 1 ZAR buys 79.9158 KRW at the mid-market rate. In the other direction, 1 KRW is worth 0.0125 ZAR.
In the short term ZAR is driven mainly by commodity prices and risk appetite, while KRW responds to tech exports and global risk appetite.
The South African Rand (ZAR) is issued by South African Reserve Bank. The rand is named after the Witwatersrand ridge, where gold was discovered. The South Korean Won (KRW) is issued by Bank of Korea. “Won” shares a root with yen and yuan, meaning “round”.
Available archived ZAR/KRW observations within the last 365 days range from 80.4208 to 94.9206, with a -3.50% 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.