KRW/CNH: what to know
The KRW/CNH rate shows how much CNH you get for 1 KRW. Right now, 1 KRW buys 0.00504710 CNH at the mid-market rate. In the other direction, 1 CNH is worth 198.1337 KRW.
In the short term KRW is driven mainly by tech exports and global risk appetite, while CNH responds to sentiment toward China and offshore flows.
The South Korean Won (KRW) is issued by Bank of Korea. “Won” shares a root with yen and yuan, meaning “round”. CNH is the “offshore” version of the Chinese yuan, traded mainly in Hong Kong — hence the “H”.
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.