CNH/KRW: what to know
The CNH/KRW rate shows how much KRW you get for 1 CNH. Right now, 1 CNH buys 198.2949 KRW at the mid-market rate. In the other direction, 1 KRW is worth 0.00504299 CNH.
In the short term CNH is driven mainly by sentiment toward China and offshore flows, while KRW responds to tech exports and global risk appetite.
CNH is the “offshore” version of the Chinese yuan, traded mainly in Hong Kong — hence the “H”. The South Korean Won (KRW) is issued by Bank of Korea. “Won” shares a root with yen and yuan, meaning “round”.
Your bank, card issuer or exchange office may use a different rate and charge fees. Compare the final amount after the charges disclosed for your offer.