XPD/KRW: what to know
The XPD/KRW rate shows how much KRW you get for 1 XPD. Right now, 1 XPD buys 1,748,494.25 KRW at the mid-market rate. In the other direction, 1 KRW is worth 0.000000571921 XPD.
In the short term XPD is driven mainly by auto demand and tight supply, while KRW responds to tech exports and global risk appetite.
Palladium is used mainly in petrol-engine catalytic converters. The South Korean Won (KRW) is issued by Bank of Korea. “Won” shares a root with yen and yuan, meaning “round”.
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.