Exchange Rate Calculator

The exchange rate between the Chinese Yuan Renminbi (CNY) and the South Korean Won (KRW) is a critical indicator of the economic relationship between China and South Korea. Over the past few months, this exchange rate has exhibited notable fluctuations, influenced by various economic factors and market dynamics. This report provides an analysis of the CNY/KRW exchange rate trends from January to May 2025, highlighting key movements and underlying causes.

Exchange Rate Trends from January to May 2025

January 2025:
- High: 202.87 KRW per CNY on February 3, 2025.
- Low: 196.02 KRW per CNY on January 21, 2025.
- Average: 199.36 KRW per CNY.

In January, the CNY/KRW exchange rate experienced fluctuations, reaching its lowest point on January 21 at 196.02 KRW per CNY and peaking at 202.87 KRW per CNY on February 3. The average exchange rate for the month was 199.36 KRW per CNY. (exchange-rates.org)

February 2025:
- High: 202.87 KRW per CNY on February 3, 2025.
- Low: 196.98 KRW per CNY.
- Average: 198.76 KRW per CNY.

February saw a continuation of the volatility observed in January, with the exchange rate reaching a high of 202.87 KRW per CNY on February 3 and a low of 196.98 KRW per CNY. The average rate for the month was 198.76 KRW per CNY. (exchange-rates.org)

March 2025:
- High: 201.76 KRW per CNY on March 19, 2025.
- Low: 199.16 KRW per CNY.
- Average: 200.34 KRW per CNY.

In March, the exchange rate remained relatively stable compared to the previous months, with a high of 201.76 KRW per CNY on March 19 and a low of 199.16 KRW per CNY. The average exchange rate for March was 200.34 KRW per CNY. (exchange-rates.org)

April 2025:
- High: 202.38 KRW per CNY on April 20, 2025.
- Low: 200.09 KRW per CNY.
- Average: 201.24 KRW per CNY.

April exhibited a slight upward trend, with the exchange rate peaking at 202.38 KRW per CNY on April 20 and a low of 200.09 KRW per CNY. The average rate for the month was 201.24 KRW per CNY. (exchangerates.org.uk)

May 2025:
- High: 203.07 KRW per CNY on May 20, 2025.
- Low: 201.55 KRW per CNY.
- Average: 202.31 KRW per CNY.

In May, the exchange rate reached its highest point in the observed period at 203.07 KRW per CNY on May 20, with a low of 201.55 KRW per CNY. The average exchange rate for May was 202.31 KRW per CNY. (investing.com)

Factors Influencing the CNY/KRW Exchange Rate

Several factors have contributed to the fluctuations in the CNY/KRW exchange rate over the past few months:

1. Economic Indicators:

   • GDP Growth: Differences in economic growth rates between China and South Korea can impact investor confidence and influence currency demand.
   • Inflation Rates: Variations in inflation can affect the purchasing power of currencies, leading to adjustments in exchange rates.
   • Interest Rates: Diverging monetary policies and interest rate decisions by the People's Bank of China and the Bank of Korea can attract or deter foreign investment, impacting currency values.

2. Trade Relations:

   • As major trading partners, any changes in trade policies, tariffs, or trade volumes between China and South Korea can influence the demand and supply dynamics of their respective currencies.

3. Geopolitical Events:

   • Political developments, regional tensions, or global economic events can lead to market uncertainty, prompting investors to shift assets and affecting exchange rates.

4. Market Sentiment:

   • Investor perceptions and speculative activities can cause short-term fluctuations in the exchange rate, especially in response to news or economic data releases.

Conclusion

The CNY/KRW exchange rate from January to May 2025 has shown a general upward trend, with periodic fluctuations influenced by economic indicators, trade relations, geopolitical events, and market sentiment. Understanding these factors is essential for businesses and investors engaged in activities involving the Chinese Yuan and the South Korean Won. Continuous monitoring of economic developments and policy decisions in both countries will provide better insights into future exchange rate movements.