KRW/CLP: what to know
The KRW/CLP rate shows how much CLP you get for 1 KRW. Right now, 1 KRW buys 0.7032 CLP at the mid-market rate. In the other direction, 1 CLP is worth 1.4221 KRW.
In the short term KRW is driven mainly by tech exports and global risk appetite, while CLP responds to the price of copper.
The South Korean Won (KRW) is issued by Bank of Korea. “Won” shares a root with yen and yuan, meaning “round”. The Chilean Peso (CLP) is issued by Central Bank of Chile. The Chilean peso no longer uses cents — the smallest coins are whole pesos.
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.