» Welcome to Currency Converter Calculator      

Chinese Yuan (CNY) Exchange Rates on 09th June 2023 (09/06/2023)

Enter the amount you want to convert, select the second currency and hit 'Enter' or click outside the area.

Exchange rates for Chinese Yuan (CNY)

Updated: 2023-06-09
Convert from Convert to 1 CNY Conversion in currency Conversion
CNY CNY GBP GBP 0.1118 CNY to GBP 8.9406 GBP to CNY
CNY CNY BGN BGN 0.2548 CNY to BGN 3.9248 BGN to CNY
CNY CNY HRK HRK 0.9746 CNY to HRK 1.026 HRK to CNY
CNY CNY CZK CZK 3.0823 CNY to CZK 0.3244 CZK to CNY
CNY CNY DKK DKK 0.9702 CNY to DKK 1.0307 DKK to CNY
CNY CNY HUF HUF 48.1106 CNY to HUF 0.0208 HUF to CNY
CNY CNY KZT KZT 62.0244 CNY to KZT 0.0161 KZT to CNY
CNY CNY LVL LVL 0.0849 CNY to LVL 11.7793 LVL to CNY
CNY CNY MKD MKD 8.0207 CNY to MKD 0.1247 MKD to CNY
CNY CNY MDL MDL 2.4823 CNY to MDL 0.4029 MDL to CNY
CNY CNY NOK NOK 1.5314 CNY to NOK 0.653 NOK to CNY
CNY CNY PLN PLN 0.5825 CNY to PLN 1.7166 PLN to CNY
CNY CNY RON RON 0.6451 CNY to RON 1.55 RON to CNY
CNY CNY RUB RUB 11.5099 CNY to RUB 0.0869 RUB to CNY
CNY CNY SEK SEK 1.5162 CNY to SEK 0.6595 SEK to CNY
CNY CNY CHF CHF 0.1262 CNY to CHF 7.9222 CHF to CNY
CNY CNY TRY TRY 3.3022 CNY to TRY 0.3028 TRY to CNY
CNY CNY UAH UAH 5.1575 CNY to UAH 0.1939 UAH to CNY
Updated: 2023-06-09
Convert from Convert to 1 CNY Conversion in currency Conversion
CNY CNY ARS ARS 34.3015 CNY to ARS 0.0292 ARS to CNY
CNY CNY BOB BOB 0.9651 CNY to BOB 1.0362 BOB to CNY
CNY CNY BRL BRL 0.691 CNY to BRL 1.4471 BRL to CNY
CNY CNY CAD CAD 0.1876 CNY to CAD 5.3295 CAD to CNY
CNY CNY KYD KYD 0.1164 CNY to KYD 8.5914 KYD to CNY
CNY CNY CLP CLP 110.7169 CNY to CLP 0.009 CLP to CNY
CNY CNY COP COP 587.9136 CNY to COP 0.0017 COP to CNY
CNY CNY CRC CRC 75.002 CNY to CRC 0.0133 CRC to CNY
CNY CNY DOP DOP 7.6577 CNY to DOP 0.1306 DOP to CNY
CNY CNY SVC SVC 1.2222 CNY to SVC 0.8182 SVC to CNY
CNY CNY FJD FJD 0.3153 CNY to FJD 3.172 FJD to CNY
CNY CNY HNL HNL 3.4679 CNY to HNL 0.2884 HNL to CNY
CNY CNY JMD JMD 21.6372 CNY to JMD 0.0462 JMD to CNY
CNY CNY MXN MXN 2.4396 CNY to MXN 0.4099 MXN to CNY
CNY CNY ANG ANG 0.2517 CNY to ANG 3.9728 ANG to CNY
CNY CNY PYG PYG 1009.1729 CNY to PYG 0.001 PYG to CNY
CNY CNY PEN PEN 0.5121 CNY to PEN 1.9528 PEN to CNY
CNY CNY TTD TTD 0.9464 CNY to TTD 1.0566 TTD to CNY
CNY CNY USD USD 0.1403 CNY to USD 7.1252 USD to CNY
CNY CNY UYU UYU 5.4475 CNY to UYU 0.1836 UYU to CNY
CNY CNY VEF VEF 373286.5232 CNY to VEF 0 VEF to CNY
Updated: 2023-06-09
Convert from Convert to 1 CNY Conversion in currency Conversion
CNY CNY AUD AUD 0.2095 CNY to AUD 4.7728 AUD to CNY
CNY CNY BDT BDT 15.12 CNY to BDT 0.0661 BDT to CNY
CNY CNY BND BND 0.1882 CNY to BND 5.314 BND to CNY
CNY CNY INR INR 11.5756 CNY to INR 0.0864 INR to CNY
CNY CNY IDR IDR 2084.2655 CNY to IDR 0.0005 IDR to CNY
CNY CNY JPY JPY 19.5461 CNY to JPY 0.0512 JPY to CNY
CNY CNY MYR MYR 0.6473 CNY to MYR 1.5449 MYR to CNY
CNY CNY MVR MVR 2.1558 CNY to MVR 0.4639 MVR to CNY
CNY CNY NPR NPR 18.4492 CNY to NPR 0.0542 NPR to CNY
CNY CNY NZD NZD 0.2305 CNY to NZD 4.3382 NZD to CNY
CNY CNY PKR PKR 39.5511 CNY to PKR 0.0253 PKR to CNY
CNY CNY PGK PGK 0.4947 CNY to PGK 2.0213 PGK to CNY
CNY CNY PHP PHP 7.8631 CNY to PHP 0.1272 PHP to CNY
CNY CNY SCR SCR 1.8491 CNY to SCR 0.5408 SCR to CNY
CNY CNY SGD SGD 0.1886 CNY to SGD 5.3035 SGD to CNY
CNY CNY KRW KRW 181.8238 CNY to KRW 0.0055 KRW to CNY
CNY CNY LKR LKR 41.2743 CNY to LKR 0.0242 LKR to CNY
CNY CNY TWD TWD 4.317 CNY to TWD 0.2316 TWD to CNY
CNY CNY THB THB 4.8647 CNY to THB 0.2056 THB to CNY
Updated: 2023-06-09
Convert from Convert to 1 CNY Conversion in currency Conversion
CNY CNY BHD BHD 0.0529 CNY to BHD 18.8998 BHD to CNY
CNY CNY EGP EGP 4.3446 CNY to EGP 0.2302 EGP to CNY
CNY CNY HKD HKD 1.0998 CNY to HKD 0.9092 HKD to CNY
CNY CNY ILS ILS 0.5128 CNY to ILS 1.95 ILS to CNY
CNY CNY JOD JOD 0.0996 CNY to JOD 10.0439 JOD to CNY
CNY CNY KWD KWD 0.0432 CNY to KWD 23.1721 KWD to CNY
CNY CNY LBP LBP 2096.4084 CNY to LBP 0.0005 LBP to CNY
CNY CNY OMR OMR 0.054 CNY to OMR 18.5059 OMR to CNY
CNY CNY QAR QAR 0.511 CNY to QAR 1.9569 QAR to CNY
CNY CNY SAR SAR 0.5263 CNY to SAR 1.8999 SAR to CNY
CNY CNY AED AED 0.5155 CNY to AED 1.9399 AED to CNY
CNY CNY YER YER 35.1292 CNY to YER 0.0285 YER to CNY
Updated: 2023-06-09
Convert from Convert to 1 CNY Conversion in currency Conversion
CNY CNY DZD DZD 19.1251 CNY to DZD 0.0523 DZD to CNY
CNY CNY KES KES 19.5433 CNY to KES 0.0512 KES to CNY
CNY CNY MUR MUR 6.3957 CNY to MUR 0.1564 MUR to CNY
CNY CNY MAD MAD 1.4242 CNY to MAD 0.7022 MAD to CNY
CNY CNY NAD NAD 2.6442 CNY to NAD 0.3782 NAD to CNY
CNY CNY NIO NIO 5.1298 CNY to NIO 0.1949 NIO to CNY
CNY CNY NGN NGN 64.8642 CNY to NGN 0.0154 NGN to CNY
CNY CNY SLL SLL 2771.8519 CNY to SLL 0.0004 SLL to CNY
CNY CNY ZAR ZAR 2.6531 CNY to ZAR 0.3769 ZAR to CNY
CNY CNY TZS TZS 333.6049 CNY to TZS 0.003 TZS to CNY
CNY CNY TND TND 0.4354 CNY to TND 2.2966 TND to CNY
CNY CNY UGX UGX 519.8854 CNY to UGX 0.0019 UGX to CNY
CNY CNY XOF XOF 85.3829 CNY to XOF 0.0117 XOF to CNY
CNY CNY ZMK ZMK 1263.2926 CNY to ZMK 0.0008 ZMK to CNY

Chinese Yuan (CNY)

Sign ¥
1 Chinese Yuan is subdivided into 10 jiao or 100 fen.

Hello CNY, RMB, CN¥ are all international foreign currency codes for the renminbi, the official Peoples Republic of China (PRC) currency represented with the accounting symbol, ¥. Historically the renminbi held a fixed value relative to a specified currency, typically the USD, with this value and all monetary policy within the PRC being managed by the Monetary Policy Organization within the PRC. After 2005 this fixed rate of exchange was changed and the currency is now being allowed to float within a narrowly defined range based on a collection of world currencies. The stated goal of the PRC is to slowly allow the CNY to float within an increasingly large and controlled range as they transition from a fully planned economy to a full market economy with a completely free floating currency. This is a long term goal that the PRC has established by which they plan for the CNY to eventually eclipse all other currencies in traded value and in use as an international reserve currency. As it stands in 2011 the CNY is not a highly traded currency nor is it a significant reserve currency by any standard of valuation. While stating the desire for the CNY to be respected as a viable reserve and safe haven currency, it is widely accepted as fact that the PRC is has taken substantial steps to ensure the CNY is undervalued in order to maintain exports and give the PRC a competitive advantage in international trade. This fact among other critical issues all need to be addressed before the CNY is trusted and accepted in worldwide markets.

Coins used:
frequently - ¥0.1, ¥0.5, ¥1
rarely - ¥0.01, ¥0.02, ¥0.05

Banknotes used:
frequently - ¥1, ¥5, ¥10, ¥20, ¥50, ¥100
rarely - ¥0.1, ¥0.2, ¥0.5, ¥2

Central Bank
People's Bank of China
The word renminbi is translated as the "people's currency" and each unit of the renminbi is called the yuan, hence the "Y" in the CNY currency code. The yuan can be split into 1/100th of Yuan units known as one f?n, with 10 fen equal to one jiao and 10 jiao equal to one yuan. In practical daily life, the f?n is rarely used with the most common small currency denomination being the jiao. All of these types of CNY denominations are issued by the Peoples Bank of China and are considered legal tender throughout the Chinese mainland excluding Macau and Hong Kong.

The PRC is cautiously making international trade using the CNY as the transacting currency available to other countries. Prior to 2009 all trade had to be completed in USD through a specific process where the USD would be converted throughout the People's Bank of China (PBC) into CNY leaving them with a transaction fee and holding USD, with the PRC company being paid in CNY. In the case of purchases from outside companies, the PBC would remit in USD and hold the CNY with the net result of never allowing USD in nor letting CNY out of the country. Starting in 2009 the PRC began to transact limited business between companies in Shanghai and Guangdong provinces and affiliated companies in Macau, Hong Kong and specific ASEAN member nations.

Citing success of this plot program the PRC began to expand the program to an additional 20 provinces and by the end of 2011 all provinces within the PRC were allowed to transact on a limited and provisional basis with their counterparts in other nations. All of this is strictly controlled and studied as the PRC takes gradual and cautious steps in setting the stage for the CNY to eventually dominate world markets.

While it had been speculated that the CNY would become the third largest reserve currency by the end of 2011, that prediction fell flat as the PRC failed to open liquidity and access to the CNY by international traders and markets. The PRC is clearly taken a slower path than most expected, no doubt as a measure of caution in order to ensure that any openness or allowance for the internationalization of the CNY will not disrupt of negatively alter the economy. This has its roots in the PRC's desire to join the legitimate international community yet their difficulty in shedding their old command and control ways of transacting business. In order for the CNY to overtake the world stage a new era of openness and verifiability will be required, liquidity of all CNY financial instruments needs to be made available, and the PRC must be able to convince the international community that they are committed to openness and progress and will not change course unexpectedly in the future. With these and other changes the CNY is positioned well to overcome the rest of the worlds currencies and become the worlds most widely held reserve currency. While the PRC is taking slow steps, they are making quicker advances in allowing countries that wish to withdraw from the EUR and USD such as Venezuela, Russia, Thailand, and Vietnam.

Recently the PRC has allowed more commodities such as gold to be traded in CNY which will inevitably lead to oil and other oil related commodities all of which further sets the stage for the CNY to quickly overcome most other currencies, possibly even the USD, within a few years. Currently the speculation is that this will make Hong Kong the hub for CNY trades and as a force in commodities as well as oil given the Hong Kong entrance in gold and silver with the Chinese Gold & Silver spot market exchange based in Hong Kong. Though no full speculation would be complete without the possibility that the PRC has it own plans to circumvent Hong Kong and establish a full commodity exchange, currency, and trading hub within the main PRC.

Other References
Wikipedia article on Renminbi

Have more info on the Chinese Yuan? Please contact us