ETH/KRW: what to know
The ETH/KRW rate shows how much KRW you get for 1 ETH. Right now, 1 ETH buys 3,367,940.95 KRW at the mid-market rate. In the other direction, 1 KRW is worth 0.000000296917 ETH.
In the short term ETH is driven mainly by network activity and crypto-market sentiment, while KRW responds to tech exports and global risk appetite.
Ethereum popularised programmable “smart contracts”. 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 ETH/KRW rate has ranged between 2,411,251.42 and 6,626,717.73 — a change of -48.60% 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.