KRW/ETH: what to know
The KRW/ETH rate shows how much ETH you get for 1 KRW. Right now, 1 KRW buys 0.000000297543 ETH at the mid-market rate. In the other direction, 1 ETH is worth 3,360,857.36 KRW.
In the short term KRW is driven mainly by tech exports and global risk appetite, while ETH responds to network activity and crypto-market sentiment.
The South Korean Won (KRW) is issued by Bank of Korea. “Won” shares a root with yen and yuan, meaning “round”. Ethereum popularised programmable “smart contracts”.
Over the past 12 months the KRW/ETH rate has ranged between 0.000000150904 and 0.000000414722 — a change of +94.56% 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.