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Convert 348 Chinese Yuan (CNY) to Canadian Dollar (CAD)

Exchange rates used for currency conversion updated on December 03rd 2024 ( 12/03/2024 )

Below you will find the latest exchange rates for exchanging Chinese Yuan (CNY) to Canadian Dollar (CAD) , a table containing most common conversions and a chart with the pair's evolution. The Chinese Yuan (CNY) to Canadian Dollar (CAD) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.

If you need to SWAP these currencies go to Canadian Dollar (CAD) to Chinese Yuan (CNY) page.

348 CNY = 67.0596 CAD

The currency exchange rate, calculated between Chinese Yuan and Canadian Dollar on 12/03/2024 is 1 CNY = 0.1927 CAD - AVERAGE intraday quotes were used for this currency conversion.

Convert 348 CNY / 348 CAD to major currencies

CNY to CAD Exchange Rate History Chart

Last 7 days History

Date CNY CAD
2024-12-03 348 CNY = 1806.39102 CAD
2024-12-02 348 CNY = 1803.66655 CAD
2024-12-01 348 CNY = 1798.08897 CAD
2024-11-30 348 CNY = 1798.08897 CAD
2024-11-29 348 CNY = 1799.21089 CAD
2024-11-28 348 CNY = 1801.87119 CAD
2024-11-27 348 CNY = 1796.49302 CAD
One year History

About Chinese Yuan (CNY)

CNY represents the Peoples Republic of China (PRC), Chinese peoples currency known as the renminbi and denominated in yuan. It is controlled by the Monetary Policy Authority within the PRC and has until recently not been allowed to be circulated outside of mainland China. Recent developments and gradual changed in PRC policies toward more open markets and less central planning are slowly distributing the yuan for use worldwide. This is a clear plan setting the stage for the PRC target of the CNY overtaking all currencies worldwide in the future.

About Canadian Dollar (CAD)

The Bank of Canada manges the circulation and monetary policy of the floating yet highly dependent currency. The Canadian dollar (CAD) is heavily intertwined with economic developments in the United States and the USD this is compounded with the high trade dependence Canada shares with the US and is only mitigated by the price of commodities such as oil in which Canada is a net exporter and therefore can leverage these exports to support the CAD independent of the USD. The Bank of Canada follows its mandate of promoting the economic well being of the nation in juxtaposition to the mandate of many central banks as price stability.

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