The KRW/CNY exchange rate on March 13, 2026, stood at 0.004623, indicating that one South Korean Won (KRW) bought that amount of Chinese Yuan (CNY). The daily movement was a decline of 0.329%, meaning the KRW weakened against the CNY, or conversely, the CNY strengthened relative to the KRW. The attribution analysis suggests this movement was primarily driven by the CNY (66% influence) compared to the KRW (34%). This implies that recent economic factors or shifts in monetary policy favoring the CNY were the main catalyst for the rate change on this day.

Looking at the mid-to-long-term picture, the pair shows a consistent downward trend. Over the past six months, the rate has fallen by 9.65% (a drop of 0.0005 CNY), trading in a range between 0.0046 CNY and 0.0052 CNY. The one-year change is also negative at -7.08%, with a slightly wider historical range (Min 0.0046 CNY / Max 0.0053 CNY).

Regarding stability, the one-week data shows a very low Efficiency (Choppiness) of 0.31, suggesting a slightly choppy, non-trending short-term market despite the daily drop. However, the six-month Efficiency drops to 0.20, indicating the longer trend has been quite choppy or directionless when viewed against the total price movement, despite the significant net negative change. The one-year Efficiency is exceptionally low at 0.06, confirming a highly choppy and unstable trend over the full year, characterized by significant zigzags rather than a clean directional move. Volatility (Standard Deviation) is highest over the one-year period (0.57%), suggesting the largest daily price swings have occurred over this timeframe, though it moderated slightly to 0.50% over six months.

Contextually, recent developments show the KRW facing external pressures; for instance, the USD/KRW rate increased significantly around this date due to intensified geopolitical concerns affecting oil prices, as South Korea is heavily reliant on imported crude. In contrast, China's economy demonstrated resilience, with exports surging, fueled by strong electronics demand, which could support the CNY. For those involved in KRW-CNY exchange, the ongoing stability in the CNY, supported by the People's Bank of China's focus on currency stability, contrasts with KRW weakness potentially influenced by external risks and domestic factors like foreign institutional investor flows into overseas assets.