XAGK
XAG/KRW
Market Open
15 Jun, 12:41
₩
107,509. 31
+1,299.3
+1.2233%
₩
762 Volume
₩ 106,210.01
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XAGKRW Overview
XAGKRW denotes the exchange rate that quotes the price of silver (XAG) in South Korean won (KRW). It shows how many won are required to purchase one troy ounce of silver and is used to track the value of the metal against South Korea’s currency.
Silver is represented by the ISO code XAG and is a traded precious metal rather than a fiat currency. It is a globally traded commodity with industrial and investment demand and is not issued or guaranteed by any central bank or sovereign nation.
The South Korean won (KRW) is the official fiat currency of the Republic of Korea. Managed and issued by the Bank of Korea, the won is used for all domestic transactions and influences the local pricing of imported commodities such as precious metals.
The XAGKRW rate is driven by the interaction of market supply and demand for silver and by currency-market dynamics. Factors that affect the quote include global industrial consumption, mine supply, investor flows, interest rate differentials, inflation expectations, central bank policy, and geopolitical developments that shift risk sentiment.
For traders and firms, XAGKRW is useful for hedging exposure to metal price swings, pricing imports and exports, and enabling speculation on relative moves between a hard commodity and the South Korean currency.
Silver is represented by the ISO code XAG and is a traded precious metal rather than a fiat currency. It is a globally traded commodity with industrial and investment demand and is not issued or guaranteed by any central bank or sovereign nation.
The South Korean won (KRW) is the official fiat currency of the Republic of Korea. Managed and issued by the Bank of Korea, the won is used for all domestic transactions and influences the local pricing of imported commodities such as precious metals.
The XAGKRW rate is driven by the interaction of market supply and demand for silver and by currency-market dynamics. Factors that affect the quote include global industrial consumption, mine supply, investor flows, interest rate differentials, inflation expectations, central bank policy, and geopolitical developments that shift risk sentiment.
For traders and firms, XAGKRW is useful for hedging exposure to metal price swings, pricing imports and exports, and enabling speculation on relative moves between a hard commodity and the South Korean currency.
XAGKRW Chart
XAGKRW FAQ
What is the current XAG/KRW price?
The current rate is ₩107,509.310000, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the XAG/KRW rate changed today?
The rate has changed by +1,299.3 (+1.2233%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was ₩106,210.010000, 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 XAG/KRW moving up or down?
Movements in XAG/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 (+1.2233%) is based on the difference between the current rate and the previous closing rate.
Is XAG/KRW trending up or down right now?
If the current rate (₩107,509.310000) is above the previous close (₩106,210.010000), 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 XAG/KRW directly on this page.
