About this pair
XPT/KRW: what to know
The XPT/KRW rate shows how much KRW you get for 1 XPT. Right now, 1 XPT buys 2,411,306.79 KRW at the mid-market rate. In the other direction, 1 KRW is worth 0.000000414713 XPT.
In the short term XPT is driven mainly by industrial (auto) demand and supply, while KRW responds to tech exports and global risk appetite.
Platinum is rarer than gold and vital for 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.