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Easily convert KRW to CNH with ConvertOnline's efficient tool.
The South Korean Won (KRW) is the official currency of South Korea, introduced in 1945 to replace the Korean yen. It is a fiat currency, meaning its value is not backed by physical commodities but rather by the government that issues it. The Won is used for all transactions within South Korea and is subdivided into 100 jeon, though the use of jeon is largely obsolete in everyday transactions.
The Chinese Yuan (Offshore) (CNH) is a version of China’s official currency, the Renminbi (RMB), traded outside mainland China. It is mainly used in international markets such as Hong Kong and allows freer exchange rate movements compared to the onshore Chinese Yuan (CNY).