About this pair
RUB/KRW: what to know
The RUB/KRW rate shows how much KRW you get for 1 RUB. Right now, 1 RUB buys 15.9057 KRW at the mid-market rate. In the other direction, 1 KRW is worth 0.0629 RUB.
In the short term RUB is driven mainly by oil and gas prices and sanctions, while KRW responds to tech exports and global risk appetite.
The Russian Ruble (RUB) is issued by Bank of Russia. The ruble is one of Europe’s oldest currencies, used since the 13th century. The South Korean Won (KRW) is issued by Bank of Korea. “Won” shares a root with yen and yuan, meaning “round”.
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.