About this pair
KRW/UAH: what to know
The KRW/UAH rate shows how much UAH you get for 1 KRW. Right now, 1 KRW buys 0.0331 UAH at the mid-market rate. In the other direction, 1 UAH is worth 30.1875 KRW.
In the short term KRW is driven mainly by tech exports and global risk appetite, while UAH responds to the economic situation and international support.
The South Korean Won (KRW) is issued by Bank of Korea. “Won” shares a root with yen and yuan, meaning “round”. The Ukrainian Hryvnia (UAH) is issued by National Bank of Ukraine. The name “hryvnia” comes from a medieval silver weight unit used in Kievan Rus.
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.