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How is the exchange rate of RMB to Korean won calculated?
Exchange rate refers to the exchange price between two different currencies, and major banks will quote the exchange rate level between major currencies, that is, quote. Its form is usually expressed as A/B quotation.

For example, the price of A/B is 6.8950, which means that 1 yuan A coin can be exchanged for 6.8950 yuan B coin;

For example, 1 yuan A can be converted into110 yuan B, that is, the price tag representing A/B is110.

Some professional trading software can provide conversion tools, and China Bank's professional trading software "e-Convergence" also has conversion tools linked to real-time prices for reference.

If you are familiar with the local and foreign currency asset allocation scheme in the professional financial market, and enjoy many financial services such as trading, quotation, consultation, strategy and financial calendar at any time, you can search and download "e-finance" in the application mall, and you can enjoy a full range of high-quality personal asset management service experience.

The above contents are for your reference. Please refer to the actual business regulations.

If you have any questions, please contact online customer service of Bank of China.

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