We present the phase transformation from colloidal Cs 3 Cu 2 Cl 5 nanocrystals to CsMCl (M = Zn, Bi, Cd) by cation exchange reaction. Cs 2 ZnCl 4 , Cs 3 BiCl 6 , and CsCdCl 3 were successfully synthesized, and the feasibility of phase transformations was demonstrated using density functional theory calculations, which revealed the high thermodynamic stability of the three structures.The results indicate that these structures can be synthetically prepared. The difference in reactivity between Zn, Bi, and Cd cations, which was verified by changing the reaction temperatures, was demonstrated using chemical softness calculations considering the interactions between Cl − and three cations. Additionally, for each cation exchange reaction, thermodynamic stability, estimated in terms of the formation energy, contributed to reactivity. The Cs 2 ZnCl 4 structure required the mildest reaction condition (i.e., 110 °C). As a reverse reaction, Cu cations were added to solutions of Cs 2 ZnCl 4 , Cs 3 BiCl 6 , and CsCdCl 3 , and CsCu 2 Cl 3 was obtained instead of Cs 3 Cu 2 Cl 5 . The mechanism was not cation exchange, and transmission electron microscopy data showed that nanoparticles were used as precursors for forming CsCu 2 Cl 3 particles.