1 RMB = 168.8535 won.
Direct trading of RMB against Korean won won support in South Korea.
After the ruling New National Party of South Korea called for a response to the increasing use of the renminbi, the country took another step towards realizing the first direct transaction between the won and the renminbi.
China is Korea's largest export market, and the RMB deposits of Korean residents increased nearly 39 times in 20 13, reaching 6.67 billion US dollars. However, looking back at history, the Korean won-yen market that started at 1996 and 10 was only a flash in the pan, and the downturn in trading volume led to the closure of this market at 1997 in February.
Ann Zheng Fan, a member of the New National Party, said earlier, "Considering China's increasing weight in trade and transactions, we are studying whether it is necessary for South Korea to set up a RMB exchange. This requires discussing this idea with the government. "
Extended data:
The monetary unit in Korea is "won" and the currency symbol is "?" Generally speaking, the won is used as the basic unit.
At present, there are four denominations of coins in circulation, namely 10 won, 50 won, 100 won and 500 won. Paper money also has four denominations, namely 1 1,000 won, 5,000 won, 1 1,000 won and 50,000 won.
Foreign currency can be exchanged at airports, docks, banks in urban areas, recognized exchange offices, hotels, department stores and some gift shops. But the exchange rate will be slightly different from place to place, changing every day. Generally speaking, according to the cost-effective degree of exchange rate, it can be arranged as recognized exchange houses, city banks, airports, department stores and hotels.
In addition, banks in Korea are generally closed on weekends, but most recognized exchanges are open on Saturdays. There is no problem of counterfeit money in Korea, so you can exchange foreign currency safely at recognized exchange offices. Most of these recognized exchanges are concentrated in Myeongdong, Dongdaemun, itaewon and other places with more tourists. Generally, foreign currency exchange signs such as US dollar, RMB and Japanese yen will be posted on the signboard.
Baidu encyclopedia-Korean currency