KRW/BCH: what to know
The KRW/BCH rate shows how much BCH you get for 1 KRW. Right now, 1 KRW buys 0.00000336539 BCH at the mid-market rate. In the other direction, 1 BCH is worth 297,142.04 KRW.
In the short term KRW is driven mainly by tech exports and global risk appetite, while BCH responds to crypto-market sentiment.
The South Korean Won (KRW) is issued by Bank of Korea. “Won” shares a root with yen and yuan, meaning “round”. Bitcoin Cash split from Bitcoin in 2017 to enable cheaper, faster transactions.
Over the past 12 months the KRW/BCH rate has ranged between 0.00000105218 and 0.00000347614 — a change of +176.25% 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.