KRW/XRP: what to know
The KRW/XRP rate shows how much XRP you get for 1 KRW. Right now, 1 KRW buys 0.000555975 XRP at the mid-market rate. In the other direction, 1 XRP is worth 1,798.64 KRW.
In the short term KRW is driven mainly by tech exports and global risk appetite, while XRP responds to crypto-market sentiment and regulation.
The South Korean Won (KRW) is issued by Bank of Korea. “Won” shares a root with yen and yuan, meaning “round”. XRP is designed for fast, low-cost payments and cross-border settlement.
Over the past 12 months the KRW/XRP rate has ranged between 0.000232383 and 0.000711329 — a change of +133.73% 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.