Answer to Question #178569 in Financial Math for Sisasenkosi

Question

State whether the Korean won is stringer or weekend than the rand

Answer 1

Exchange conversion is less than 1, so, Korean Yen is NOT stronger than South African Rand. South African Rand is stronger than Korean Yen. while the rand is currently enjoying the benefit of global tailwinds, it is likely to weaken during the course of the year.