About this pair
KRW/AED: what to know
The KRW/AED rate shows how much AED you get for 1 KRW. Right now, 1 KRW buys 0.00273761 AED at the mid-market rate. In the other direction, 1 AED is worth 365.2825 KRW.
In the short term KRW is driven mainly by tech exports and global risk appetite, while AED responds to its peg to the US dollar.
The South Korean Won (KRW) is issued by Bank of Korea. “Won” shares a root with yen and yuan, meaning “round”. The UAE Dirham (AED) is issued by Central Bank of the UAE. The dirham is pegged to the US dollar.
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.