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MAR (Market Average Rate) : Average Price F/X

MAR is a weighted average of the exchange rates that prevailed during the day. Foreign Exchange banks sell US Dollars according to MAR that is announced one business day before the settlement date.

Average Price F/X
Currency USD/KRW
Trading Time from 3:30 p.m. one business day before the transaction date to 9:00 a.m. of the transaction date
Minimum Amount/Unit 1 mio USD/Products of 0.5 mio USD