Today's CNY to KRW Price Update

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Summary

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

Definition

The Chinese Yuan (CNY) and South Korean Won (KRW) are major fiat currencies in Asia. The exchange rate between them reflects regional economic conditions, trade flows, and investor sentiment toward both currencies in the foreign exchange market.

Today’s Price

  • 1 CNY = 205.76 KRW (as of 2026-01-01)
  • Current Rate: 206.27 KRW
  • 24h High: 207.35 KRW
  • 24h Low: 205.02 KRW

Market Analysis

The CNY/KRW pair is currently trading within a moderate range, reflecting typical daily volatility in Asian currency markets. Recent market sentiment shows bearish positioning across Asian foreign exchange pairs as the U.S. dollar continues to strengthen.

  • Technical levels: Key support identified at 195.42, with resistance points at 197.08, 197.74, and 198.74
  • Price action: The pair is trading above important moving average lines, indicating continued structural support at current levels
  • Risk note: Broader Asian currency weakness driven by dollar strength could pressure the pair lower in the near term
  • Trading signals: Current technical indicators suggest a hold position rather than strong directional conviction

Conclusion

Continue monitoring the CNY/KRW pair within its established technical range. Traders should remain vigilant to shifts in dollar strength and regional economic data that may influence directional movement. Focus on key support and resistance levels for potential entry and exit opportunities.

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.
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