KRW/CNY
Market Open
15 Jun, 10:01
¥
0. 004474
-0.000006
-0.128%
¥
698 Volume
¥ 0.004479
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KRWCNY Overview
KRWCNY is the exchange rate quoting the South Korean Won (KRW) against the Chinese Yuan (CNY). It shows the value of one unit of the base currency, KRW, expressed in terms of CNY and is used to price transactions between the two currencies in foreign-exchange markets.
South Korean Won (KRW) is the official currency of the Republic of Korea (South Korea). Issued and regulated by the Bank of Korea (BOK), it serves as the nation’s legal tender and is a key instrument of domestic monetary policy and economic settlement.
Chinese Yuan (CNY), commonly referred to as the renminbi, is the official currency of the People’s Republic of China. The People’s Bank of China (PBOC) issues and manages the currency, and its policies—together with China’s capital and foreign-exchange controls—shape the yuan’s behavior in global markets.
Movements in the KRWCNY rate are driven by supply and demand dynamics in FX markets and by macroeconomic differentials such as interest rates and inflation. Central bank actions, trade flows between Korea and China, capital movements, and geopolitical developments also exert material influence on the pair’s direction and volatility.
For traders, corporates, and investors, KRWCNY is important for pricing bilateral trade, implementing hedging strategies, and managing currency risk, as well as for speculative exposure to East Asian economic trends.
South Korean Won (KRW) is the official currency of the Republic of Korea (South Korea). Issued and regulated by the Bank of Korea (BOK), it serves as the nation’s legal tender and is a key instrument of domestic monetary policy and economic settlement.
Chinese Yuan (CNY), commonly referred to as the renminbi, is the official currency of the People’s Republic of China. The People’s Bank of China (PBOC) issues and manages the currency, and its policies—together with China’s capital and foreign-exchange controls—shape the yuan’s behavior in global markets.
Movements in the KRWCNY rate are driven by supply and demand dynamics in FX markets and by macroeconomic differentials such as interest rates and inflation. Central bank actions, trade flows between Korea and China, capital movements, and geopolitical developments also exert material influence on the pair’s direction and volatility.
For traders, corporates, and investors, KRWCNY is important for pricing bilateral trade, implementing hedging strategies, and managing currency risk, as well as for speculative exposure to East Asian economic trends.
KRWCNY Chart
KRWCNY FAQ
What is the current KRW/CNY price?
The current rate is ¥0.004474, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the KRW/CNY rate changed today?
The rate has changed by -0.000006 (-0.128%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was ¥0.004479, 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 KRW/CNY moving up or down?
Movements in KRW/CNY are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (-0.128%) is based on the difference between the current rate and the previous closing rate.
Is KRW/CNY trending up or down right now?
If the current rate (¥0.004474) is below the previous close (¥0.004479), 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 KRW/CNY directly on this page.
