South Korean Won

South Korean Won

The won (; Korean: 원, Korean pronunciation: [wʌn]; symbol: ₩; code: KRW) or the Korean Republic Won is the currency of South Korea. A single won is divided into 100 jeon, the monetary subunit. The jeon is no longer used for everyday transactions, and appears only in foreign exchange rates. The won is issued by the Bank of Korea, based in the capital city of Seoul.

Chinese Yuan Renminbi

Chinese Yuan Renminbi

The renminbi (Ab.: RMB; simplified Chinese: 人民币; traditional Chinese: 人民幣; pinyin: rénmínbì; literally: "people's currency"; sign: 元; code: CNY) is the official currency of the People's Republic of China. The yuan (Chinese: 元; pinyin: yuán) is the basic unit of the renminbi, but is also used to refer to the Chinese currency generally, especially in international contexts where "Chinese yuan" is widely used to refer to the renminbi. The distinction between the terms renminbi and yuan is similar to that between sterling and pound, which respectively refer to the British currency and its primary unit. One yuan is subdivided into 10 jiao (Chinese: 角; pinyin: jiǎo), and a jiao in turn is subdivided into 10 fen (Chinese: 分; pinyin: fēn). The renminbi is issued by the People's Bank of China, the monetary authority of China.Until 2005, the value of the renminbi was pegged to the US dollar. As China pursued its transition from central planning to a market economy, and increased its participation in foreign trade, the renminbi was devalued to increase the competitiveness of Chinese industry. It has previously been claimed that the renminbi's official exchange rate was undervalued by as much as 37.5% against its purchasing power parity. More recently, however, appreciation actions by the Chinese government, as well as quantitative easing measures taken by the American Federal Reserve and other major central banks, have caused the renminbi to be within as little as 8% of its equilibrium value by the second half of 2012. Since 2006, the renminbi exchange rate has been allowed to float in a narrow margin around a fixed base rate determined with reference to a basket of world currencies. The Chinese government has announced that it will gradually increase the flexibility of the exchange rate. As a result of the rapid internationalization of the renminbi, it became the world's 8th most traded currency in 2013, and 5th by 2015.On 1 October 2016, the RMB became the first emerging market currency to be included in the IMF's special drawing rights basket, the basket of currencies used by the IMF (reserve currency).

162 South Korean Won to Chinese Yuan Renminbi exchange rates chart

162 KRW to CNY exchange rates graph
162 KRW to CNY exchange rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

162 KRW to CNY exchange rates FAQs

What is 162 KRW to CNY?

The meaning of 162 KRW to CNY is to exchange 162 South Korean Won to Chinese Yuan Renminbi by applying the latest currency rate on the market. The actual exchange rates you can get vary between different bureau de changes. Forex.gg is offering inter-market exchange rates to convert 162 KRW to CNY on the chart below.

Who can exchange 162 KRW to CNY?

Anyone with 162 South Korean Won can find a local bank or a bureau de change to convert into South Korean Won. However, if neither KRW nor CNY is the local currency. It might be quite difficult to find a local broker to faciliate the exchange. That's why Forex.gg is offering details about local forex brokers to save the time of searching around for the right broker.

When to exchange 162 KRW to CNY?

Due to the nature of the forex market, the exchange rates for 162 KRW to CNY is changing all the time in New York between 01:00 pm – 10:00 pm GMT; at 10:00 pm GMT Sydney comes online; Tokyo opens at 00:00 am and closes at 9:00 am GMT; and to complete the loop, London opens at 8:00 am and closes at 05:00 pm GMT. So the currency rate you see in this page may change any minute. It's better to lock in the exchange rates with your local broker so that you won't be affected for any future rate changes.

Why do I want to convert 162 KRW to CNY?

Most likely you are traveling and want to get some Chinese Yuan Renminbi cash. Or you've just came back from a recent trip or received cash transfer from overseas. There are many reasons to convert 162 South Korean Won to Chinese Yuan Renminbi. And we believe you should be getting the best exchange rate available on the market to exchange the currency.

Where to convert 162 KRW to CNY?

Usually you can find a local bank, post office or bureau de change to exchange 162 KRW to CNY. But you will soon find out that the exchange rates you can find at all thoses places vary by a lot. It's better to be prepared before hand and do your research about the local forex brokers. That's the exact reason why Forex.gg is doing the homework for you to find the best local bureau de change to avoid being ripped off. All you need to do is input the amount of Chinese Yuan Renminbi you wnat to buy or sell and we will show you where to find the best rate. No forex exchange commissions or fees required!

How to exchange 162 KRW to CNY?

Use the tool we provided here to find the best exchange rates for 162 South Korean Won to Chinese Yuan Renminbi. Lock in the rate by contacting the broker directly by phone or message. And go to the branch with 162 KRW in hand and exchange the cash you want in store or online. It's just that simple with no fees or commissions from Forex.gg!

162 KRW to CNY exchange rates table

Exchange KRW to CNY
162 South Korean Won = 0.938 Chinese Yuan Renminbi
324 South Korean Won = 1.876 Chinese Yuan Renminbi
810 South Korean Won = 4.691 Chinese Yuan Renminbi
1620 South Korean Won = 9.381 Chinese Yuan Renminbi
Exchange South Korean Won to Chinese Yuan Renminbi
162 South Korean Won to Chinese Yuan Renminbi Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

Best KRW/CNY exchange rate at Bank of China in Shanghai

162 KRW to CNY exchange rates at Bank of China in Shanghai
162 South Korean Won = 0.901 Chinese Yuan Renminbi
Bank of China
Bank of China

Bank of China was formally established in February 1912 following the approval of Dr. Sun Yat-sen. From 1912 to 1949, the Bank served consecutively as the country’s central bank, international exchange bank and specialised international trade bank. Fulfilling its commitment to serving the public and developing China’s financial services sector, the Bank rose to a leading position in the Chinese financial industry and developed a good standing in the international financial community, despite...

Best KRW/CNY exchange rate at Woori Bank in Seoul

162 KRW to CNY exchange rates at Woori Bank in Seoul
162 South Korean Won = 0.895 Chinese Yuan Renminbi
Woori Bank
Woori Bank

Woori Bank (Hangul: 우리은행 Uri Eunhaeng) is a bank headquartered in Seoul, South Korea and Woori Bank is a subsidiary of the parent company Woori Financial Group. The bank was founded back in 1899, originally called Daehan Cheon-il Bank, renamed Joseon Sangup Bank in 1911, then Commercial Bank of Korea in 1950s. Following the 1997 Asian financial crisis, it merged with the former Hanil Bank and Peace Bank to become Hanvit Bank. Woori Bank adopted its current name in 2002. Its Jongno branch is...

162 KRW to CNY news tweets

162 KRW to CNY added 1 tweet
2019-05-17 21:21:35 UTC
South Korean won and Taiwan dollar latest casualties in trade war https://t.co/BnAsZzSMw8 https://t.co/0UoJIlqITA
162 KRW to CNY added 1 tweet
2019-05-21 03:05:11 UTC
https://t.co/aSRr6IwVNi Cause of the disaster, because crime of murderer (South korean and American) Mar 27 to… https://t.co/nHReHicmX4
162 KRW to CNY added 1 tweet
2019-05-21 03:29:46 UTC
RT @koreanforeigner: But of course the former human rights lawyer who currently occupies the Blue House won't bring up human rights in h… https://t.co/M9TUGTLeH2
162 KRW to CNY added 1 tweet
2019-05-21 07:05:00 UTC
Are South Korean authorities drawing a line in the sand for the won? https://t.co/pXqlAI73ZW
162 KRW to CNY added 1 tweet
2019-05-21 08:30:12 UTC
Last Wednesday, colleagues in our South Korean team used their volunteering hours to support @Habitat_org The 11-st… https://t.co/bSVlPOYQlq
162 KRW to CNY added 1 tweet
2019-05-21 12:01:30 UTC
Chinese #yuan depreciation to 7 against the dollar would do more harm than good. #tradewar #renminbi #RMB #China… https://t.co/kvOqlHtGOI
162 KRW to CNY added 1 tweet
2019-05-21 12:41:53 UTC
Comments to @SCMPNews on the relationship between bitcoin price increases and declines in the value of the Chinese… https://t.co/l5wzOz1jv2
162 KRW to CNY added 1 tweet
2019-05-21 14:06:01 UTC
RT @GlobalTimesBiz: Chinese #yuan depreciation to 7 against the dollar would do more harm than good. #tradewar #renminbi #RMB #China… https://t.co/kvOqlHtGOI
162 KRW to CNY added 1 tweet
2019-05-20 07:09:23 UTC
$USDCNY Pretty much a sure thing that USDCNY (The Chinese Yuan/Renminbi) will test 7.000 this summer, if this is tr… https://t.co/9iafaZB57p
162 KRW to CNY added 1 tweet
2019-05-20 11:18:24 UTC
RT @mawarirej: In which currency is Mutuvi's budget? Bond note? RTGS$? Chinese Yuan Renminbi? US$? It's a fictitious budget surpl… https://t.co/AhCy5c4h3O

162 KRW to CNY news media

162 KRW to CNY added 1 medium
2017-12-29T05:49:25+01:00
For those of you who asked here it is, South Korean Won. #southkoreanwon #southkorean #won #money #korea #southkorea #brasileiranakorea #mylife #amandotudoisso
162 KRW to CNY added 1 medium
2019-05-10T14:37:03+02:00
Southkorean 10, 50, 100 and 500 won coins
162 KRW to CNY added 1 medium
2019-05-10T14:37:48+02:00
Southkorean 1000, 5000 and 10000 won
162 KRW to CNY added 1 medium
2019-05-08T23:36:43+02:00
South Korea 🇰🇷 1000 Won #southkorea #coreadelsur #южнаякорея #seoul #southkoreanwon #banknote #money #billete #collezione #notaphily #notafilia #notaphilist  #numismatica #numismatic #banknote #нотафилия #бумажныхденег #banknotescollector #collection #banknotesoftheworld #moneyworld #economics #боны #нумизматика #нумизмат #банкноты #бонистика #монеты #коллекция #коллекционер
162 KRW to CNY added 1 medium
2019-04-24T18:39:38+02:00
• Country: South Korea ⁣ ⁣ • Year: 1999 ⁣ ⁣ • Series: Postal History of South Korea ⁣ ⁣ • Portrait of Hong Young-Sik, former postmaster general of South Korea. ⁣ ⁣ • Extra Information: Following its opening to the West in 1882, one of Korea's first modernisation attempts was the postal service. ⁣ On April 22, 1884, the Korean Postal Bureau was established when Hong Yong-sik was appointed the Post Master General. ⁣ ⁣ • Face Value: 600₩ - South Korean Won ⁣ ⁣ • Emission: Definitive ________________________________________ #SouthKorea #Korea #Korean #Asia #Asian #1999 #1990s #HongYoungSik #PostmasterGeneral #KoreanPost #Portrait #Building #History #Culture #InstaKorea #PostalHistory #YingYang #SouthKoreanWon #Definitive #Philately #Philatelic #Philategram #Philatelist #Stamp #Stamps #PostageStamps #StampCollection #StampCollecting
162 KRW to CNY added 1 medium
2019-05-14T02:03:53+02:00
Thank You so much for all of these sign off gifts and for arranging a farewell midnight food party at the office before I sign off! It was a blast! Thanks Qiaoyan,Eli,Zhai Jing and Leo who were my best buddies in the team for the whole contract! I highly appreciated all your efforts and heartwarming feedbacks on me. Gonna miss you all guys and till we meet again! Let’s keep learning and never give up ! Keep in touch! #FarewellSignoffGifts #ChineseBestBuddies #TeamGuestServices #QuantumOfTheSeas #TeamRoyalCaribbean #QuantumOTSHoodyJacket #SweetChocs #ChineseYuanRenminbi
162 KRW to CNY added 1 medium
2018-04-20T15:58:03+02:00
Still well kept by me, remains of travelling in 2014...and will be used soon, can’t wait! It’s not much about CNY 299 and 8 cents but not bad either for buying some snacks or souvenirs... 😅😜🤩🇨🇳 #cash #money #chinesecurrency #chineseyuan #cny #chineseyuanrenminbi #traveltoinnermongolia #innermongolia #northchina #china #eastasia #traveller #travelling #instatravel #igtravel #travelphoto #traveltheworld
162 KRW to CNY added 1 medium
2015-03-21T03:56:58+01:00
GREAT NEWS!! For my International Dolls ✌️We added a currency converter for 5 International Countries. Rates convert to USD but at least you can see pricing you are used to!💃Try clicking on our drop down! #alwaysworking #100percenthollywood #shop100percenthollywood #shop100percenthollywoodcom #eyeware #eyewear #custom #glasses #swarovski #sunglasses #frames #newsunglasses #style #instastyle #instafashion #instahollywood #trendy #hollywood #BritishPounds #Euro #AustralianDollar #CanadianDollar #ChineseYuanRenminbi #JapaneseYen #GBP #EUR #AUD #CNY #JPY#CAD
162 KRW to CNY added 1 medium
2015-06-11T12:39:54+02:00
Shut up and take my money! haha lol! #mycollection #moreplease #philippinepeso #USdollar #europeaneuro #singaporedollar #malysianringgit #indonesianrupiah #saudiriyal #iranianrial #vietnamesedong #thaibaht #brazilianreal #slovenianeuro #polishzloty #mexicanpeso #swissfranc #norwegiankrone #turkishlira #bosniaandherzegovinaconvertiblemark #australiandollar #britishpound #romanianleu #canadiandollar #chineseyuanrenminbi #peruviannuevosol #maldivianrufiyaa #zhongguorenminyinhang #macanesepataca #kuwaitidinar
162 KRW to CNY added 1 medium
2015-10-14T14:54:38+02:00
#banknote#papercurrency#currencynote#100yuan#onehundredyuan#chinacurrency#chinayuan#chinamoney#note_senyeow#senyeow2015

162 KRW to CNY news videos

http://www.hookgrip.com Team South Korea lifting in preparation for the 2017 World Championships, lifters featured in this video, ...
Right before we boarded US pitt to Las vegas.
travel #moneyexchange #czarina #czarinaforex I will be traveling to Seoul, South Korea from January 19-24, 2019 and this is my ...
The 10000 South Korean Won Banknote 2006-2017 Series You can see more details here at: ...
The Korean won has been hovering around its highest level in nearly six years, and all signs suggest it will remain strong for the ...
Learn how CNH & CNY relate to each other. And what about the HKD! A quick primer on the Chinese currency system!
Looking through yuan for good serial numbers and errors. ▽ More links below ▽ This is an affiliate link TO BUY CHINESE ...
The Chinese yuan has overtaken the euro to become the second most used currency in the global market place. Last year its ...
China is home to the world's second largest economy. But as time goes by the question remains: what will it take for the Yuan to ...

162 KRW to CNY news texts

M. Lee overcomes triple bogey, leads LA Open

Minjee Lee overcame a triple-bogey Saturday to take the lead into the final round of the Hugel-Air Premia LA Open.

23 days indicative neutral
Thai police arrest South Korean financial crimes fugitive
Thai police arrest South Korean financial crimes fugitive

Thai immigration police has detained a South Korean man wanted in his own country for financial crimes.

2 months conditional negative
INTERVIEW: Former abductee Hasuike doubts N. Korea eyes more nuke tests:

Repatriated abductee Kaoru Hasuike says he doubts that North Korea will resort to more ballistic mis

2 months indicative negative
South Korea Says Air Pollution Is ‘Social Disaster’ To Unlock Emergency Funds

The South Korean government recently tagged air pollution as a 'social disaster' in order to tap of the country's emergency funds.

2 months indicative neutral
Faurecia’s sales remain flat in first quarter - International Leather Maker

The French automotive seating and parts manufacturer has posted reported sales up 0.2%, down 1.1% at constant currencies, for the first quarter of...

27 days indicative neutral

162 KRW to CNY currency converter

162 KRW to CNY exchange rates

100 RSD to EUR
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100 USD to KWD
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