About this pair
KRW/RUB: what to know
The KRW/RUB rate shows how much RUB you get for 1 KRW. Right now, 1 KRW buys 0.0628 RUB at the mid-market rate. In the other direction, 1 RUB is worth 15.9242 KRW.
In the short term KRW is driven mainly by tech exports and global risk appetite, while RUB responds to oil and gas prices and sanctions.
The South Korean Won (KRW) is issued by Bank of Korea. “Won” shares a root with yen and yuan, meaning “round”. The Russian Ruble (RUB) is issued by Bank of Russia. The ruble is one of Europe’s oldest currencies, used since the 13th century.
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.