About this pair
CNH/KRW: what to know
The CNH/KRW rate shows how much KRW you get for 1 CNH. Right now, 1 CNH buys 200.0008 KRW at the mid-market rate. In the other direction, 1 KRW is worth 0.00499998 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”.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.