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Chinese Yuan (CNY) Exchange Rates on 22nd January 2025 (22/01/2025)

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Exchange rates for Chinese Yuan (CNY)

Updated: 2025-01-22
Convert from Convert to 1 CNY Conversion in currency Conversion
CNY CNY GBP GBP 0.1114 CNY to GBP 8.9744 GBP to CNY
CNY CNY BGN BGN 0.2583 CNY to BGN 3.871 BGN to CNY
CNY CNY HRK HRK 1.0149 CNY to HRK 0.9854 HRK to CNY
CNY CNY CZK CZK 3.3186 CNY to CZK 0.3013 CZK to CNY
CNY CNY DKK DKK 0.9847 CNY to DKK 1.0155 DKK to CNY
CNY CNY EEK EEK 0 CNY to EEK 0 EEK to CNY
CNY CNY HUF HUF 54.3215 CNY to HUF 0.0184 HUF to CNY
CNY CNY KZT KZT 71.674 CNY to KZT 0.014 KZT to CNY
CNY CNY LVL LVL 0.0832 CNY to LVL 12.0211 LVL to CNY
CNY CNY LTL LTL 0 CNY to LTL 0 LTL to CNY
CNY CNY MKD MKD 8.1199 CNY to MKD 0.1232 MKD to CNY
CNY CNY MDL MDL 2.5621 CNY to MDL 0.3903 MDL to CNY
CNY CNY NOK NOK 1.5546 CNY to NOK 0.6432 NOK to CNY
CNY CNY PLN PLN 0.5608 CNY to PLN 1.7832 PLN to CNY
CNY CNY RON RON 0.6567 CNY to RON 1.5227 RON to CNY
CNY CNY RUB RUB 13.684 CNY to RUB 0.0731 RUB to CNY
CNY CNY SKK SKK 0 CNY to SKK 0 SKK to CNY
CNY CNY SEK SEK 1.511 CNY to SEK 0.6618 SEK to CNY
CNY CNY CHF CHF 0.1247 CNY to CHF 8.0209 CHF to CNY
CNY CNY TRY TRY 4.9012 CNY to TRY 0.204 TRY to CNY
CNY CNY UAH UAH 5.7639 CNY to UAH 0.1735 UAH to CNY
Updated: 2025-01-22
Convert from Convert to 1 CNY Conversion in currency Conversion
CNY CNY ARS ARS 143.8896 CNY to ARS 0.0069 ARS to CNY
CNY CNY BOB BOB 0.9452 CNY to BOB 1.058 BOB to CNY
CNY CNY BRL BRL 0.8284 CNY to BRL 1.2071 BRL to CNY
CNY CNY CAD CAD 0.1971 CNY to CAD 5.073 CAD to CNY
CNY CNY KYD KYD 0.114 CNY to KYD 8.7724 KYD to CNY
CNY CNY CLP CLP 138.065 CNY to CLP 0.0072 CLP to CNY
CNY CNY COP COP 592.7909 CNY to COP 0.0017 COP to CNY
CNY CNY CRC CRC 68.7145 CNY to CRC 0.0146 CRC to CNY
CNY CNY DOP DOP 8.3921 CNY to DOP 0.1192 DOP to CNY
CNY CNY SVC SVC 1.1969 CNY to SVC 0.8355 SVC to CNY
CNY CNY FJD FJD 0.3183 CNY to FJD 3.1419 FJD to CNY
CNY CNY HNL HNL 3.4818 CNY to HNL 0.2872 HNL to CNY
CNY CNY JMD JMD 21.5593 CNY to JMD 0.0464 JMD to CNY
CNY CNY MXN MXN 2.839 CNY to MXN 0.3522 MXN to CNY
CNY CNY ANG ANG 0.2465 CNY to ANG 4.0565 ANG to CNY
CNY CNY PYG PYG 1084.2873 CNY to PYG 0.0009 PYG to CNY
CNY CNY PEN PEN 0.511 CNY to PEN 1.957 PEN to CNY
CNY CNY TTD TTD 0.9289 CNY to TTD 1.0765 TTD to CNY
CNY CNY USD USD 0.1375 CNY to USD 7.2714 USD to CNY
CNY CNY UYU UYU 6.0141 CNY to UYU 0.1663 UYU to CNY
CNY CNY VEF VEF 495228.6368 CNY to VEF 0 VEF to CNY
Updated: 2025-01-22
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CNY CNY AUD AUD 0.2195 CNY to AUD 4.5567 AUD to CNY
CNY CNY BDT BDT 16.6536 CNY to BDT 0.06 BDT to CNY
CNY CNY BND BND 0.186 CNY to BND 5.3752 BND to CNY
CNY CNY CNY CNY 1 CNY to CNY 1 CNY to CNY
CNY CNY INR INR 11.9 CNY to INR 0.084 INR to CNY
CNY CNY IDR IDR 2243.1568 CNY to IDR 0.0004 IDR to CNY
CNY CNY JPY JPY 21.4229 CNY to JPY 0.0467 JPY to CNY
CNY CNY MYR MYR 0.6113 CNY to MYR 1.6359 MYR to CNY
CNY CNY MVR MVR 2.1186 CNY to MVR 0.472 MVR to CNY
CNY CNY NPR NPR 18.942 CNY to NPR 0.0528 NPR to CNY
CNY CNY NZD NZD 0.2429 CNY to NZD 4.1165 NZD to CNY
CNY CNY PKR PKR 38.1361 CNY to PKR 0.0262 PKR to CNY
CNY CNY PGK PGK 0.557 CNY to PGK 1.7953 PGK to CNY
CNY CNY PHP PHP 8.0547 CNY to PHP 0.1242 PHP to CNY
CNY CNY SCR SCR 1.98 CNY to SCR 0.505 SCR to CNY
CNY CNY SGD SGD 0.1863 CNY to SGD 5.3677 SGD to CNY
CNY CNY KRW KRW 197.4302 CNY to KRW 0.0051 KRW to CNY
CNY CNY LKR LKR 40.6799 CNY to LKR 0.0246 LKR to CNY
CNY CNY TWD TWD 4.5063 CNY to TWD 0.2219 TWD to CNY
CNY CNY THB THB 4.6645 CNY to THB 0.2144 THB to CNY
Updated: 2025-01-22
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CNY CNY BHD BHD 0.0518 CNY to BHD 19.293 BHD to CNY
CNY CNY EGP EGP 6.9179 CNY to EGP 0.1446 EGP to CNY
CNY CNY HKD HKD 1.0711 CNY to HKD 0.9336 HKD to CNY
CNY CNY ILS ILS 0.4889 CNY to ILS 2.0455 ILS to CNY
CNY CNY JOD JOD 0.0976 CNY to JOD 10.2502 JOD to CNY
CNY CNY KWD KWD 0.0424 CNY to KWD 23.5948 KWD to CNY
CNY CNY LBP LBP 12249.3479 CNY to LBP 0.0001 LBP to CNY
CNY CNY OMR OMR 0.0529 CNY to OMR 18.8905 OMR to CNY
CNY CNY QAR QAR 0.4987 CNY to QAR 2.0054 QAR to CNY
CNY CNY SAR SAR 0.5159 CNY to SAR 1.9383 SAR to CNY
CNY CNY AED AED 0.5051 CNY to AED 1.9797 AED to CNY
CNY CNY YER YER 34.2435 CNY to YER 0.0292 YER to CNY
Updated: 2025-01-22
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CNY CNY DZD DZD 18.5233 CNY to DZD 0.054 DZD to CNY
CNY CNY KES KES 17.8091 CNY to KES 0.0562 KES to CNY
CNY CNY MUR MUR 6.388 CNY to MUR 0.1565 MUR to CNY
CNY CNY MAD MAD 1.3732 CNY to MAD 0.7282 MAD to CNY
CNY CNY NAD NAD 2.5502 CNY to NAD 0.3921 NAD to CNY
CNY CNY NIO NIO 5.0331 CNY to NIO 0.1987 NIO to CNY
CNY CNY NGN NGN 213.2158 CNY to NGN 0.0047 NGN to CNY
CNY CNY SLL SLL 2883.8028 CNY to SLL 0.0003 SLL to CNY
CNY CNY ZAR ZAR 2.5422 CNY to ZAR 0.3934 ZAR to CNY
CNY CNY TZS TZS 347.2486 CNY to TZS 0.0029 TZS to CNY
CNY CNY TND TND 0.4373 CNY to TND 2.2866 TND to CNY
CNY CNY UGX UGX 505.4304 CNY to UGX 0.002 UGX to CNY
CNY CNY XOF XOF 86.6632 CNY to XOF 0.0115 XOF to CNY
CNY CNY ZMK ZMK 1237.8814 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
http://www.pbc.gov.cn
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

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