The cryptocurrency market continues to grow in popularity, especially among investors in South Korea. One of the most widely traded digital assets in this region is Ripple (XRP), often exchanged for the South Korean Won (KRW). Whether you're a seasoned trader or new to crypto, understanding the current exchange rate between XRP and KRW is essential for making informed decisions.
As of the latest update, 1 XRP = 3,046.8 KRW. This value fluctuates in real time due to market dynamics such as trading volume, investor sentiment, regulatory developments, and global economic trends. For accurate conversions and up-to-date pricing, using a reliable crypto calculator is crucial.
Understanding the XRP to KRW Exchange Rate
The XRP/KRW pair reflects how much one unit of Ripple is worth in South Korean Won. Given that Korea has one of the most active cryptocurrency markets globally, the demand for precise and instant conversion tools is high.
Today’s live rate shows:
- 1 XRP = 3,046.8 KRW
- 1 KRW = 0.0003282 XRP
For example:
- Buying 5 XRP costs approximately ₩15,234.01
- With ₩50, you can get about 0.001641 XRP
⚠️ Note: These figures do not include transaction fees, network charges, or exchange spreads. Always verify live prices before executing trades.
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XRP to KRW Conversion Table
Below is a quick-reference table showing common XRP amounts converted into their equivalent KRW values based on the current exchange rate:
| XRP Amount | KRW Value |
|---|---|
| 1 XRP | ₩3,046.8 |
| 5 XRP | ₩15,234.01 |
| 10 XRP | ₩30,468.01 |
| 50 XRP | ₩152,340.05 |
| 100 XRP | ₩304,680.11 |
| 500 XRP | ₩1,523,400.53 |
| 1,000 XRP | ₩3,046,801.06 |
| 5,000 XRP | ₩15,234,005.32 |
| 10,000 XRP | ₩30,468,010.65 |
This table helps users quickly estimate costs or returns without manual calculations—ideal for frequent traders and long-term holders alike.
Price Trends and Market Analysis
Recent Performance (Past 24 Hours)
Over the last day, XRP has seen a -2.36% change against the KRW. The price peaked at ₩3,147.42 and dipped to a low of ₩3,017.81 within this period.
Weekly and Monthly Outlook
- 7-day change: +6.60%
- 30-day change: -1.29%
- 90-day change: +3.82%
Despite short-term volatility, the medium-term trend indicates resilience and gradual appreciation over three months.
Historical Highs and Lows (Last 7 Days)
- Highest price: ₩3,163.95
- Lowest price: ₩2,825.13
- This reflects a weekly volatility range of approximately 10.7%, signaling moderate market movement.
Key Market Statistics for XRP
Understanding broader market metrics helps assess XRP's health and investor interest:
- 24-hour trading volume (XRP/KRW): ₩4,404,336,231,144.16
- Market capitalization: ₩179,969,004,427,288.75
- Circulating supply: 59,068,187,000 XRP
The significant trading volume highlights strong liquidity on Korean exchanges, making it easier to enter and exit positions efficiently.
What Influences the XRP to KRW Exchange Rate?
Several factors impact the value of XRP relative to the South Korean Won:
1. Regulatory Environment
News from the U.S. SEC lawsuit against Ripple Labs continues to influence global sentiment—and by extension, regional prices including KRW pairs.
2. Korean Market Sentiment
South Korean traders are known for active participation in altcoin markets. Local news, exchange listings, and government policies can cause sudden price shifts.
3. Global Crypto Trends
Bitcoin and Ethereum movements often ripple through other cryptocurrencies. A bullish BTC trend typically lifts XRP as well.
4. Economic Indicators
Inflation rates, interest rate decisions by the Bank of Korea, and macroeconomic stability affect fiat strength and thus crypto purchasing power.
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Frequently Asked Questions (FAQ)
What is the current price of 1 XRP in KRW?
As of now, 1 XRP equals 3,046.8 KRW. This rate updates in real time based on supply and demand across exchanges.
How much is 100 XRP in South Korean Won?
At the current exchange rate, 100 XRP = ₩304,680.11.
Has XRP increased or decreased in value recently?
In the past 24 hours, XRP has declined by -2.36% against the KRW. However, over the past week, it has gained +6.60%, indicating short-term recovery after a dip.
Can I buy XRP directly with KRW?
Yes, many regulated Korean exchanges allow direct XRP/KRW trading pairs. Ensure you use a secure platform with strong KYC protocols.
Why does the KRW have so many zeros in crypto prices?
The South Korean Won historically experienced inflation, especially during the Korean War era. While denominations remain high, it doesn’t reflect weak value—rather, it's a result of monetary history and practical usage patterns.
Is now a good time to convert XRP to KRW?
Market timing depends on your strategy. If you believe XRP may decline due to upcoming news or technical signals, converting now might lock in profits. Conversely, holding could yield gains if bullish momentum returns.
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These keywords help improve discoverability while ensuring content remains informative and reader-friendly.
Final Thoughts
Tracking the XRP to KRW exchange rate is vital for anyone involved in Korea’s vibrant digital asset ecosystem. With real-time data, historical trends, and market insights at your fingertips, you're better equipped to make strategic decisions—whether you're day trading or building long-term wealth.
Crypto markets move fast. Staying informed isn't just helpful—it's essential.
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