KRW/INR: what to know
The KRW/INR rate shows how much INR you get for 1 KRW. Right now, 1 KRW buys 0.0712 INR at the mid-market rate. In the other direction, 1 INR is worth 14.0464 KRW.
In the short term KRW is driven mainly by tech exports and global risk appetite, while INR responds to oil prices and capital flows.
The South Korean Won (KRW) is issued by Bank of Korea. “Won” shares a root with yen and yuan, meaning “round”. The Indian Rupee (INR) is issued by Reserve Bank of India. The ₹ symbol was adopted in 2010.
Over the past 12 months the KRW/INR rate has ranged between 0.0604 and 0.0710 — a change of +11.76% 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.