About this pair
KRW/XPT: what to know
The KRW/XPT rate shows how much XPT you get for 1 KRW. Right now, 1 KRW buys 0.000000414435 XPT at the mid-market rate. In the other direction, 1 XPT is worth 2,412,925.47 KRW.
In the short term KRW is driven mainly by tech exports and global risk appetite, while XPT responds to industrial (auto) demand and supply.
The South Korean Won (KRW) is issued by Bank of Korea. “Won” shares a root with yen and yuan, meaning “round”. Platinum is rarer than gold and vital for catalytic converters.
Because this pair involves a precious metal, the rate reflects global bullion prices per troy ounce. 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.