KRW/ZAR
Market Open
12 Jun, 20:59
R
0. 010737
+0.000001
+0.0123%
R
1,467 Volume
R 0.010736
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KRWZAR Overview
KRWZAR is the currency pair that expresses the value of the South Korean won (KRW) relative to the South African rand (ZAR). Quoted as the amount of rand required to purchase one won, the pair tracks bilateral valuation between an Asian and an African currency and is used across FX markets to monitor cross-border moves.
The South Korean won is the official currency of the Republic of Korea and is issued and regulated by the Bank of Korea. It underpins transactions in a highly industrialized, export-driven economy and is sensitive to domestic monetary policy, trade performance and external demand for Korean goods.
The rand is the legal tender of the Republic of South Africa, administered by the South African Reserve Bank. It is a key currency in southern Africa, influenced by commodity cycles, fiscal positions and regional capital flows that affect South Africa’s external balance.
Movements in KRWZAR are determined by market supply and demand and shaped by interest rate differentials, inflation trends, central-bank actions and geopolitical events. Trade balances, commodity price shifts and changes in global risk sentiment also drive capital flows and volatility in the exchange rate.
Market participants monitor KRWZAR for hedging bilateral trade exposures, executing speculative FX strategies and managing currency risk in portfolios with Asian and African currency exposure.
The South Korean won is the official currency of the Republic of Korea and is issued and regulated by the Bank of Korea. It underpins transactions in a highly industrialized, export-driven economy and is sensitive to domestic monetary policy, trade performance and external demand for Korean goods.
The rand is the legal tender of the Republic of South Africa, administered by the South African Reserve Bank. It is a key currency in southern Africa, influenced by commodity cycles, fiscal positions and regional capital flows that affect South Africa’s external balance.
Movements in KRWZAR are determined by market supply and demand and shaped by interest rate differentials, inflation trends, central-bank actions and geopolitical events. Trade balances, commodity price shifts and changes in global risk sentiment also drive capital flows and volatility in the exchange rate.
Market participants monitor KRWZAR for hedging bilateral trade exposures, executing speculative FX strategies and managing currency risk in portfolios with Asian and African currency exposure.
KRWZAR Chart
KRWZAR FAQ
What is the current KRW/ZAR price?
The current rate is R0.010737, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the KRW/ZAR rate changed today?
The rate has changed by +0.000001 (+0.0123%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was R0.010736, which serves as a reference point for measuring daily performance.
What does the daily range indicate?
The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.
Why is KRW/ZAR moving up or down?
Movements in KRW/ZAR are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+0.0123%) is based on the difference between the current rate and the previous closing rate.
Is KRW/ZAR trending up or down right now?
If the current rate (R0.010737) is above the previous close (R0.010736), it indicates upward movement. If below, it suggests a downward trend.
Where can I track live rates and charts?
You can monitor real-time rates, charts, and key market data for KRW/ZAR directly on this page.
