Convert Chinese Yuan to South Korean Won
CNY to KRW Exchange Rate Calculator
1 Chinese Yuan (CNY) = 224.3400 South Korean Won (KRW) at the live mid-market rate. That means $100 CNY converts to roughly 22,434.00 KRW, and $1,000 CNY converts to about 224,340.00 KRW. The CNY/KRW rate refreshes every hour from Frankfurter, which sources data from the European Central Bank reference set. Enter any amount below to convert instantly — free, no sign-up.
90-day CNY/KRW context
Over the past 90 days, CNY/KRW has traded between 212.3700 and 223.3200. The current rate of 224.3400 sits roughly 109% through that range — near the upper end, meaning South Korean Won has been weaker than typical against Chinese Yuan recently. Versus the rate 90 days ago, Chinese Yuan has strengthened by 5.64% against South Korean Won.
CNY/KRW Price History
Interactive CNY/KRW exchange rate chart with 7-day, 30-day, and 90-day views.
About Chinese Yuan (CNY)
The Chinese Yuan (CNY), officially the Renminbi (RMB), is the currency of the People's Republic of China and increasingly central to global trade settlement. CNY trades onshore at a rate closely managed by the People's Bank of China (PBOC), while CNH trades offshore (mainly Hong Kong) with more market-driven pricing.
- •Fifth-most-used currency for global payments (SWIFT)
- •Included in the IMF Special Drawing Rights basket since October 2016
- •PBOC sets a daily USD/CNY reference rate and tolerates a ±2% trading band
- •China holds the world's largest FX reserves (~$3.2 trillion)
- •CIPS (China's cross-border payment system) handled over $14.7 trillion in 2025
About South Korean Won (KRW)
The South Korean Won (KRW) is the official currency of South Korea, managed by the Bank of Korea. KRW reflects one of Asia's most export-oriented, technology-driven economies — semiconductor cycles (Samsung, SK Hynix) and global risk appetite are the dominant drivers.
- •South Korea is the world's 10th-largest economy by nominal GDP
- •Bank of Korea targets 2% CPI inflation
- •KRW is not deliverable offshore — trades mainly through NDF (non-deliverable forward) markets
- •Samsung and SK Hynix alone account for a large share of Korean exports
- •South Korea holds the world's ninth-largest FX reserves
Frequently Asked Questions
When is CNY/KRW most liquid?
Liquidity is deepest during the Tokyo and Hong Kong sessions (00:00–08:00 UTC) when CNY markets are open. Spreads widen noticeably during the New York afternoon and Asian public holidays.
What is a typical daily range for CNY/KRW?
Daily ranges vary with volatility regimes. Majors like EUR/USD typically move 0.5–1.2% on quiet days and 2–3% on data-release days. Check the 30-day chart above for a sense of the current range.
What economic events move CNY/KRW the most?
The biggest scheduled catalysts are PBOC daily fix, Chinese PMIs, and trade-balance prints and Bank of Korea decisions and Korean semiconductor export data. Geopolitical headlines and global risk sentiment also produce meaningful moves, especially when one currency is a safe-haven and the other is risk-sensitive.
Is it cheaper to convert CNY to KRW at a bank or online?
Online money-transfer services (Wise, Revolut, Remitly, InstaRem) typically offer rates much closer to the mid-market CNY/KRW than traditional banks. Always compare the total delivered amount, not just the advertised "fee" — many providers embed their margin in the exchange rate itself.
Does the CNY/KRW rate change on weekends?
The interbank forex market closes from Friday 21:00 UTC until Sunday 21:00 UTC, so mid-market CNY/KRW rates don't update during that window. Retail broker spreads often widen at Sunday open as Asian desks reopen, so the first few hours of the new week can carry wider execution costs.
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Glossary
- Pip (Forex)A pip ("percentage in point") is the smallest standard price increment for a currency pair…
- Spread (Forex)The spread is the difference between the buy (ask) price and the sell (bid) price of a cur…
- Mid-Market RateThe mid-market rate is the midpoint between the buy (bid) and sell (ask) price of a curren…
Rate history
- USD/KRW historyUSD/KRW is one of Asia's most-traded emerging-market currency pairs — heavily linked to Korean technology exports (Samsung, SK Hynix, Hyundai), semiconductor cycles, and global risk sentiment
- USD/CNY historyUSD/CNY is the most policy-managed major currency pair — the People's Bank of China sets a daily reference rate ("the fix") and allows trading within a ±2% band around it
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Exchange rates refresh hourly · Sourced from institutional-grade data providers