KRW to CNY Exchange Rate Today
Convert Korean Won to Chinese Yuan with live KRW/CNY rates for China business, manufacturing, or Korean-Chinese trade. Navigate Asia's complex trade flows.
1000 KRW =
4.85CNY
1 CNY = 206.1682 KRW
Loading comparison...
Compare money transfer service fees for the best rates
KRW to CNY conversion table
Common amounts at the current mid-market rate of 1 KRW = 0.0049 CNY.
| KRW | CNY |
|---|---|
| 1 KRW | 0.0049 CNY |
| 5 KRW | 0.0243 CNY |
| 10 KRW | 0.0485 CNY |
| 25 KRW | 0.1213 CNY |
| 50 KRW | 0.2425 CNY |
| 100 KRW | 0.4850 CNY |
| 500 KRW | 2.43 CNY |
| 1,000 KRW | 4.85 CNY |
| 5,000 KRW | 24.25 CNY |
| CNY | KRW |
|---|---|
| 1 CNY | 206.17 KRW |
| 5 CNY | 1,031 KRW |
| 10 CNY | 2,062 KRW |
| 25 CNY | 5,154 KRW |
| 50 CNY | 10,308 KRW |
| 100 CNY | 20,617 KRW |
| 500 CNY | 103,084 KRW |
| 1,000 CNY | 206,168 KRW |
| 5,000 CNY | 1,030,841 KRW |
Mid-market rate — the midpoint banks trade at, before any provider adds a margin. What you actually receive is below.
What you actually get for 1,000 KRW
Nobody converts at the mid-market rate. At 1 KRW = 0.0049 CNY, a perfect conversion of 1,000 KRW would be 4.85 CNY. Here is what 3 services would really send, fee and exchange-rate margin included.
| Service | Their rate | Fee | You get |
|---|---|---|---|
| MoneyGramcheapest | 0.0048 | 1.49 KRW | 4.82 CNY |
| XE | 0.0048 | — | 4.80 CNY |
| Western Union | 0.0048 | 1.99 KRW | 4.77 CNY |
On 1,000 KRW, the gap between the best and worst option here is 0.0500 CNY — the same money, converted on the same day. That difference is the fee plus the margin each service builds into its rate, and it is the only part of this page you can do anything about. How exchange-rate markups work.
Typical pricing for a bank-funded transfer, not a live quote — promotional offers and payment method can change it. Check the provider before sending.
Frequently Asked Questions
What is the current KRW to CNY exchange rate?
The Korean Won to Chinese Yuan rate typically ranges between ¥0.0051-0.0056 per ₩1 (or about ₩1,780-1,960 per ¥1). BOK and PBOC policies, Korea-China trade dynamics, and regional economics influence this rate. China is South Korea's largest trading partner—Samsung, Hyundai, LG all have massive Chinese operations. Korean companies source components from China and sell finished products there, creating constant currency exchange needs.
Why is China-Korea trade so important?
China accounts for 25% of Korea's total exports—semiconductors, chemicals, machinery, cars flow to China. Korea imports consumer goods, raw materials from China. Samsung and SK Hynix sell memory chips to Chinese phone makers. Korean culture (K-pop, K-dramas) is hugely popular in China, though government restrictions occasionally limit exchanges. Despite political complexities, economic interdependence is massive.
What's the best way to send Won to China?
Use Korean banks like Shinhan or Woori with Chinese operations, Chinese banks' Korean branches (ICBC, Bank of China), Wise or OFX (check China restrictions), or for businesses, trade finance services. Note China's $50,000 annual conversion limit per recipient and documentation requirements. For e-commerce, Alipay and WeChat Pay increasingly support cross-border KRW-CNY payments.
When should I convert Won to Yuan?
Seoul exporters selling to China benefit when won strengthens above ¥0.52, gaining ¥520M versus ¥500M at ¥0.50 on ₩1B revenue. Korea-China trade ($300B annually despite diplomatic tensions) creates massive flows—Samsung, LG, Hyundai converting Chinese sales. K-pop agencies (SM, JYP, HYBE) converting Chinese concert/merchandise revenues watch PBOC 9:15 AM fixing. Difference between ¥0.50 and ¥0.52 equals ¥20M on ₩1B—significant for Korean manufacturers navigating THAAD tensions while maximizing yuan revenues from Shanghai, Beijing operations.
How do Korean businesses manage Chinese yuan exposure?
Samsung, Hyundai, LG have billion-dollar yuan exposures from Chinese sales and operations. They use forward contracts, natural hedges (match yuan revenues with yuan costs), and centralized treasury management. THAAD missile deployment (2017) caused Chinese consumer boycotts, teaching Korean companies about political risk. Currency hedging now factors in geopolitical scenarios beyond pure economics.
Popular CNY Currency Pairs
Related Guides
Exchange Rates Guide
Complete guide to exchange rates and currency conversion. Learn about mid-market rates, markups, and how to get better rates.
The 2026 US Remittance Tax
The new 1% US tax on money sent abroad, in plain English — when it started, who pays it, who is exempt, what it costs, and the one-step way to avoid it.
How Much Money Can You Send Abroad?
There is no legal cap on sending money out of the US — but some transfers get reported, and a few situations put a form in your hands. What really limits you, and what the $10,000 rule actually means.
Credit Card Processing Fees Explained
How card processing fees actually work — interchange, assessments, and processor markup — plus pricing models and ways to lower your effective rate.