KRW/CHF: what to know
The KRW/CHF rate shows how much CHF you get for 1 KRW. Right now, 1 KRW buys 0.000598 CHF at the mid-market rate. In the other direction, 1 CHF is worth 1,673.17 KRW.
In the short term KRW is driven mainly by tech exports and global risk appetite, while CHF responds to safe-haven demand and SNB policy.
The South Korean Won (KRW) is issued by Bank of Korea. “Won” shares a root with yen and yuan, meaning “round”. The Swiss Franc (CHF) is issued by Swiss National Bank (SNB). In uncertain times investors park money in the franc to preserve value.
Over the past 12 months the KRW/CHF rate has ranged between 0.000512 and 0.000598 — a change of +3.14% versus a year ago.
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.