Today's KRW to CNY Price Update

robot
Abstract generation in progress

Summary

This report provides the real-time exchange rate between the South Korean Won (KRW) and Chinese Yuan (CNY), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The South Korean Won (KRW) and Chinese Yuan (CNY) are major fiat currencies in Asia. The exchange rate between them reflects the relative economic strength of South Korea and China, as well as regional trade dynamics and capital flows between the two economies.

Today’s Price

  • 1 KRW = 0.00481 CNY
  • 24h High: 0.0047458 CNY
  • 24h Low: 0.0047421 CNY

Market Analysis

Recent KRW/CNY price movements reflect ongoing regional economic dynamics and trade relationships between South Korea and China.

  • Technical levels: Key support at 0.0047 CNY, resistance at 0.0053 CNY (52-week high)
  • Trading range: The pair has shown relatively tight consolidation within the 0.0047–0.0053 CNY range over the past 52 weeks
  • Trading opportunities: Monitor for potential breakouts above the 0.0053 CNY resistance level or support holds near 0.0047 CNY

Conclusion

Continue to monitor the KRW/CNY pair closely, integrating technical analysis with regional economic indicators. Traders should remain alert to shifts in Korean-Chinese trade dynamics and monetary policy divergences that could drive currency movements.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)