1 CNY to KRW - Convert Chinese Yuan to South Korean Won

Looking at the 30-day window, the CNY/KRW pair traded in a range of 216.3121 to 229.4890. The monthly average was 222.7988 with 1.71% volatility. The relatively low volatility indicates stable trading conditions for the CNY/KRW currency pair.

The current mid-market exchange rate is 1 CNY = 223.6636 KRW, updated as of June 4, 2026, 2:34 AM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Chinese Yuan to South Korean Won Exchange Rate

CNY/KRW connects Asia's second and fourth largest economies. China is South Korea's largest trading partner, with bilateral trade exceeding $300 billion annually. Korean semiconductors, displays, and chemical products flow to Chinese factories while Chinese raw materials, consumer goods, and increasingly competitive electronics flow back. K-pop, K-drama, and K-beauty have built a massive Chinese fanbase that generates significant cultural commerce.

Semiconductors and K-Pop Across the Yellow Sea

Samsung and SK Hynix supply a significant share of China's semiconductor needs, with memory chips and displays essential for Chinese smartphone and electronics manufacturing. These semiconductor exports represent Korea's single largest trade category and generate tens of billions in yuan revenue that converts to won. China's push for semiconductor self-sufficiency threatens this relationship long-term, but Korean chips remain essential in the near term. In cultural commerce, K-pop groups earn enormous yuan revenue from Chinese streaming, merchandise, and (when permitted) live performances. Korean TV dramas and films attract hundreds of millions of Chinese viewers. K-beauty brands Laneige, Innisfree, and Sulwhasoo are bestsellers on Chinese platforms like Tmall and JD.com. These cultural exports convert yuan to won through royalties, licensing, and direct sales. The relationship has political complications. China's deployment of THAAD (US missile defense) in Korea in 2016 led to Chinese economic retaliation including K-pop bans and restrictions on Korean tourism. This political risk creates periodic volatility in CNY/KRW that pure economic analysis cannot predict. For Korean manufacturers with Chinese factories and Chinese companies using Korean components, the rate affects supply chain economics across hundreds of billions in bilateral commerce.

What Drives the CNY/KRW Rate

PBOC and Bank of Korea policy, semiconductor trade volumes, Chinese economic data, Korean export performance, bilateral political relations, K-culture revenue flows, and US-China tensions (which affect Korea through alliance dynamics) are the main drivers. THAAD-style political retaliation risk adds a unique layer to this pair.

What a Conversion Really Costs

Korean banks charge 1-2.5% for yuan conversion. Chinese banks offer near-midpoint rates for won. Direct CNY/KRW has improved significantly as bilateral trade has grown. In Seoul, Myeongdong counters handle CNY. Online services charge 0.5-2%. Both countries' banking systems handle bilateral trade settlement efficiently through established correspondent networks. China's capital controls apply for individual conversion.

How to Get the Best CNY to KRW Rate

For trade settlement, banks with Korea-China desk expertise offer the best rates. In Seoul, Myeongdong. Compare the mid-market rate on this page. Direct CNY/KRW is increasingly competitive versus USD routing as bilateral liquidity improves. Capital control limits apply on the Chinese side.