KRW/SGD: what to know
The KRW/SGD rate shows how much SGD you get for 1 KRW. Right now, 1 KRW buys 0.000941820 SGD at the mid-market rate. In the other direction, 1 SGD is worth 1,061.77 KRW.
In the short term KRW is driven mainly by tech exports and global risk appetite, while SGD responds to the MAS-managed currency basket.
The South Korean Won (KRW) is issued by Bank of Korea. “Won” shares a root with yen and yuan, meaning “round”. The Singapore Dollar (SGD) is issued by Monetary Authority of Singapore. The Singapore and Brunei dollars are interchangeable at par.
Over the past 12 months the KRW/SGD rate has ranged between 0.000832875 and 0.000945028 — a change of +1.86% 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.