KRW/LTC: what to know
The KRW/LTC rate shows how much LTC you get for 1 KRW. Right now, 1 KRW buys 0.0000135920 LTC at the mid-market rate. In the other direction, 1 LTC is worth 73,572.80 KRW.
In the short term KRW is driven mainly by tech exports and global risk appetite, while LTC responds to crypto-market sentiment.
The South Korean Won (KRW) is issued by Bank of Korea. “Won” shares a root with yen and yuan, meaning “round”. Litecoin was created in 2011 as the “silver to Bitcoin’s gold”.
Over the past 12 months the KRW/LTC rate has ranged between 0.00000558707 and 0.0000161072 — a change of +127.12% 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.