About this pair
KRW/BRL: what to know
The KRW/BRL rate shows how much BRL you get for 1 KRW. Right now, 1 KRW buys 0.00381659 BRL at the mid-market rate. In the other direction, 1 BRL is worth 262.0140 KRW.
In the short term KRW is driven mainly by tech exports and global risk appetite, while BRL responds to commodity prices and central-bank policy.
The South Korean Won (KRW) is issued by Bank of Korea. “Won” shares a root with yen and yuan, meaning “round”. The Brazilian Real (BRL) is issued by Central Bank of Brazil. The real was introduced in 1994 to end hyperinflation; the plural is “reais”.
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.