Exchange Rate Calculator

Over the past six months, the exchange rate between the Chinese Yuan (CNY) and the South Korean Won (KRW) has exhibited notable fluctuations, reflecting the dynamic economic landscapes of both nations. Understanding these movements is crucial for businesses, investors, and policymakers engaged in Sino-Korean economic activities.

Recent Exchange Rate Trends

From January 2, 2025, to July 1, 2025, the CNY/KRW exchange rate experienced significant variability:

• Highest Rate: 203.08 KRW per CNY on March 31, 2025.
• Lowest Rate: 188.26 KRW per CNY on June 9, 2025.
• Average Rate: 196.40 KRW per CNY over this period.

This data indicates a depreciation of the Chinese Yuan against the South Korean Won by approximately 6.31% over the six-month span. (exchange-rates.org)

Factors Influencing the Exchange Rate

Several factors have contributed to the observed fluctuations in the CNY/KRW exchange rate:

1. Economic Indicators: Disparities in GDP growth rates, inflation levels, and interest rates between China and South Korea can influence currency valuations.

2. Geopolitical Events: Developments such as trade agreements, diplomatic relations, and regional tensions can impact investor confidence and currency stability.

3. Central Bank Policies: Decisions by the People's Bank of China and the Bank of Korea regarding monetary policies, including interest rate adjustments and currency interventions, play a pivotal role in exchange rate dynamics.

Historical Context

To provide a broader perspective, examining the exchange rate trends over the past few years reveals:

• 2024: The CNY/KRW exchange rate ranged from a low of 182.40 KRW per CNY on March 11 to a high of 202.57 KRW per CNY on December 31, with an average rate of 189.81 KRW per CNY. (exchange-rates.org)

• 2023: The exchange rate fluctuated between 175.19 KRW per CNY and 193.59 KRW per CNY, averaging 184.67 KRW per CNY. (exchangerates.org.uk)

• 2022: The rate varied from 186.20 KRW per CNY to 194.18 KRW per CNY, with an average of 190.86 KRW per CNY. (exchangerates.org.uk)

These historical figures underscore the inherent volatility in the CNY/KRW exchange rate, influenced by a complex interplay of economic and geopolitical factors.

Forecast and Outlook

Looking ahead, forecasts suggest a modest appreciation of the Chinese Yuan against the South Korean Won:

• Short-Term Forecast: Projections indicate a potential increase from the current rate of 189.63 KRW per CNY to approximately 192.46 KRW per CNY within a year, representing a 1.49% appreciation. (walletinvestor.com)

• Long-Term Forecast: By 2030, the exchange rate is anticipated to reach around 201.39 KRW per CNY, suggesting a continued gradual strengthening of the Yuan relative to the Won. (walletinvestor.com)

These projections are contingent upon various factors, including economic performance, trade relations, and monetary policies of both countries.

Implications for Stakeholders

Understanding the CNY/KRW exchange rate dynamics is essential for:

• Businesses: Companies engaged in trade between China and South Korea must account for currency fluctuations in pricing, contracts, and financial planning.

• Investors: Currency movements can impact the returns on investments denominated in CNY or KRW, necessitating informed decision-making.

• Policymakers: Governments and central banks need to monitor exchange rate trends to implement appropriate monetary and fiscal policies.

In conclusion, the CNY/KRW exchange rate has exhibited notable fluctuations over the past six months, influenced by a range of economic and geopolitical factors. While forecasts suggest a gradual appreciation of the Yuan against the Won, stakeholders should remain vigilant and consider the multifaceted elements that can impact currency valuations.