RUB/KRW

Market Open
15 Jun, 10:28
20. 88
-0.011056
-0.0529%
737 Volume
20.895418
Previous Close
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Day Range
20.706267 21.11544
Year Range
16.208392 21.377975
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RUBKRW Overview

RUBKRW denotes the exchange rate that expresses the value of the Russian Ruble in terms of the South Korean Won, indicating how many KRW are required to purchase one RUB. It tracks cross-currency movements between Russia and South Korea and is used to price transactions and investments denominated in these two currencies.

The Russian Ruble (RUB) is the official currency of the Russian Federation, circulated across the country and certain adjacent territories. It is issued and regulated by the Bank of Russia (Central Bank of the Russian Federation) and is influenced by domestic economic measures, commodity exports and fiscal policy.

The South Korean Won (KRW) is the legal tender of the Republic of Korea and is managed by the Bank of Korea. As the primary medium of exchange in South Korea, the won reflects that country’s economic conditions, export performance, and monetary policy decisions.

RUBKRW moves according to supply and demand in currency markets, with drivers including interest rate differentials, inflation trends, central bank interventions, trade balances and geopolitical developments. Commodity price swings and capital flows also weigh on the pair’s valuation.

Market participants monitor RUBKRW for hedging exposure in bilateral trade, facilitating cross-border investment and pursuing speculative opportunities linked to macroeconomic or policy shifts in either country.

RUBKRW Chart

RUBKRW FAQ

What is the current RUB/KRW price?

The current rate is ₩20.884362, reflecting the latest available market price based on global forex liquidity and trading activity.

How much has the RUB/KRW rate changed today?

The rate has changed by -0.011056 (-0.0529%) compared to the previous close, reflecting current forex market activity.

What was the previous closing rate?

The previous close was ₩20.895418, 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 RUB/KRW moving up or down?

Movements in RUB/KRW are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.

How is the percentage change calculated?

The percentage change (-0.0529%) is based on the difference between the current rate and the previous closing rate.

Is RUB/KRW trending up or down right now?

If the current rate (₩20.884362) is below the previous close (₩20.895418), 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 RUB/KRW directly on this page.