BCH/KRW: what to know
The BCH/KRW rate shows how much KRW you get for 1 BCH. Right now, 1 BCH buys 301,267.45 KRW at the mid-market rate. In the other direction, 1 KRW is worth 0.00000331931 BCH.
In the short term BCH is driven mainly by crypto-market sentiment, while KRW responds to tech exports and global risk appetite.
Bitcoin Cash split from Bitcoin in 2017 to enable cheaper, faster transactions. The South Korean Won (KRW) is issued by Bank of Korea. “Won” shares a root with yen and yuan, meaning “round”.
Over the past 12 months the BCH/KRW rate has ranged between 287,675.30 and 950,409.31 — a change of -63.80% versus a year ago.
Because this pair involves a cryptocurrency, expect much higher volatility than typical fiat pairs. Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.