Convert Chinese Yuan (Offshore) to South Korean Won
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to South Korean Won [KRW], or Convert South Korean Won to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to South Korean Won
1 CNH = 0.00518708837562941 KRW
Example: convert 15 CNH to KRW:
15 CNH = 15 × 0.00518708837562941 KRW = 0.0778063256344411 KRW
Chinese Yuan (Offshore) to South Korean Won Conversion Table
| Chinese Yuan (Offshore) | South Korean Won |
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Chinese Yuan (Offshore)
CNH (Chinese Yuan Offshore) is the offshore version of China's currency, the Renminbi, used primarily for international trade and investment outside mainland China.
History/Origin
CNH was introduced in 2010 to facilitate offshore trading of the Chinese currency, allowing greater flexibility and internationalization of the Renminbi separate from the onshore RMB (CNY).
Current Use
CNH is widely used in global financial markets for trading, investment, and currency exchange, serving as a key component in international trade involving China.
South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.