CNY/KRW
Market Open
9 Jun, 18:41
₩
225. 47
-0.455369
-0.2016%
₩
2,632 Volume
₩ 225.929512
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CNYKRW Overview
CNYKRW denotes the exchange rate between the Chinese yuan and the South Korean won, indicating how many won are needed to purchase one yuan. It tracks the bilateral value of CNY expressed in KRW and is used to quote cross-border pricing between the two currencies.
The Chinese yuan (CNY), also known as the renminbi, is the official currency of the People’s Republic of China. It is the unit of account for mainland China’s economy and is issued and managed by the People’s Bank of China, which oversees monetary policy and currency operations.
The South Korean won (KRW) serves as the official currency of the Republic of Korea (South Korea). Banknotes and coins denominated in won are regulated by the Bank of Korea, the country’s central bank responsible for setting interest rates and maintaining price stability.
Movements in the CNYKRW exchange rate are driven by supply and demand dynamics, cross-border trade flows, interest rate and inflation differentials, and central bank actions including interventions or policy shifts. Geopolitical developments, capital controls, and investor sentiment also play material roles in short- and long-term fluctuations.
For businesses and investors, CNYKRW matters for trade settlement, currency risk management, pricing strategies, and speculative or hedging strategies that seek exposure to East Asian currency dynamics.
The Chinese yuan (CNY), also known as the renminbi, is the official currency of the People’s Republic of China. It is the unit of account for mainland China’s economy and is issued and managed by the People’s Bank of China, which oversees monetary policy and currency operations.
The South Korean won (KRW) serves as the official currency of the Republic of Korea (South Korea). Banknotes and coins denominated in won are regulated by the Bank of Korea, the country’s central bank responsible for setting interest rates and maintaining price stability.
Movements in the CNYKRW exchange rate are driven by supply and demand dynamics, cross-border trade flows, interest rate and inflation differentials, and central bank actions including interventions or policy shifts. Geopolitical developments, capital controls, and investor sentiment also play material roles in short- and long-term fluctuations.
For businesses and investors, CNYKRW matters for trade settlement, currency risk management, pricing strategies, and speculative or hedging strategies that seek exposure to East Asian currency dynamics.
CNYKRW Chart
CNYKRW FAQ
What is the current CNY/KRW price?
The current rate is ₩225.474143, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the CNY/KRW rate changed today?
The rate has changed by -0.455369 (-0.2016%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was ₩225.929512, 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 CNY/KRW moving up or down?
Movements in CNY/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 (-0.2016%) is based on the difference between the current rate and the previous closing rate.
Is CNY/KRW trending up or down right now?
If the current rate (₩225.474143) is below the previous close (₩225.929512), 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 CNY/KRW directly on this page.
