LTC/KRW: what to know
The LTC/KRW rate shows how much KRW you get for 1 LTC. Right now, 1 LTC buys 73,438.64 KRW at the mid-market rate. In the other direction, 1 KRW is worth 0.0000136168 LTC.
In the short term LTC is driven mainly by crypto-market sentiment, while KRW responds to tech exports and global risk appetite.
Litecoin was created in 2011 as the “silver to Bitcoin’s gold”. The South Korean Won (KRW) is issued by Bank of Korea. “Won” shares a root with yen and yuan, meaning “round”.
Over the past 12 months the LTC/KRW rate has ranged between 62,083.91 and 178,984.68 — a change of -55.97% 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.