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Understanding the Table:
The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Sending money to South Korea can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to South Korea bank accounts or pay a South Korean won invoice.
Chinese yuan (CNY) to South Korean won (KRW) market data - latest interbank exchange rate, trend, chart & historic rates.
USD/KRW Outlook: Bearish, as the pair is below its recent average and near recent lows, pressured by various factors.
To help you understand the real-world value of the current exchange rate, the table below shows how much Chinese yuan are worth in South Korean won across a range of amounts.
This gives a quick view of what you’d get when converting different CNY amounts at today’s rate * :
*Converted at the current CNY-KRW interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best CNY to KRW exchange rate is from OFX .
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Chinese yuan (CNY) to South Korean won (KRW) rates from different sources before making a conversion.
The above Yuan to South Korean won comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest CNY-KRW mid-rate and the possible savings of using various providers.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency:
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