Convert CNY to ALVA | Live Alvara Protocol Calculator
CNY to ALVA price chart
CNY to Alvara Protocol exchange rate
About Chinese Yuan Renminbi (CNY)
What Is the Chinese Yuan (CNY)?
The renminbi (RMB), with the unit named yuan, is the official currency of the People's Republic of China. It is issued by the People's Bank of China. The yuan is the only legal tender in mainland China (with limited use in special administrative regions). In recent years, China has gradually opened up its currency: by 2022 the CNY had become the fifth-most-traded currency globally and was included in the IMF's Special Drawing Rights basket. Domestically, the yuan is tightly managed by the central bank, but it increasingly underpins trade with China's major trading partners.
What Is China's Digital Yuan (e-CNY)?
China has launched a central bank digital currency (CBDC) called the digital yuan or e-CNY. This electronic form of the renminbi is issued by the People's Bank of China and is designed to be fully equivalent to physical yuan (1 e-CNY = 1 CNY). It can be used for everyday payments via apps and has been tested extensively across the country. The e-CNY is being integrated with major payment platforms and has even been piloted for cross-border use (for example, with Hong Kong). In effect, the digital yuan represents China's move toward modernizing its currency system and potentially extending the reach of the CNY in international transactions, though it remains backed by the national monetary authority.
How to convert Chinese Yuan Renminbi to Alvara Protocol
Alvara Protocol price conversion tables
Chinese Yuan Renminbi | |
|---|---|
1 | 0.01754 |
2 | 0.03509 |
3 | 0.05263 |
5 | 0.08772 |
10 | 0.1754 |
25 | 0.4386 |
50 | 0.8772 |
100 | 1.7545 |
1,000 | 17.5458 |
Chinese Yuan Renminbi | |
|---|---|
1 | 56.9935 |
5 | 284.9678 |
10 | 569.9356 |
20 | 1,139.8712 |
50 | 2,849.678 |
100 | 5,699.356 |
200 | 11,398.712 |
500 | 28,496.78 |
1,000 | 56,993.56 |
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Chinese Yuan Renminbi to Alvara Protocol performance history
Today vs. 24 hours ago
CNY (Chinese Yuan Renminbi) | Today at 3:02 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 CNY | 57.01254 ALVA | 58.1057 ALVA | -1.92% |
| 5 CNY | 285.06271 ALVA | 290.5287 ALVA | -1.92% |
| 10 CNY | 570.1254 ALVA | 581.05752 ALVA | -1.92% |
| 50 CNY | 2,850.6271 ALVA | 2,905.2876 ALVA | -1.92% |
| 100 CNY | 5,701.2542 ALVA | 5,810.5752 ALVA | -1.92% |
| 1,000 CNY | 57,012.5427 ALVA | 58,105.7524 ALVA | -1.92% |
Today vs. 30 Days ago
CNY (Chinese Yuan Renminbi) | Today at 3:02 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 CNY | 57.01254 ALVA | 41.7014 ALVA | +26.85% |
| 5 CNY | 285.06271 ALVA | 208.507 ALVA | +26.85% |
| 10 CNY | 570.1254 ALVA | 417.01417 ALVA | +26.85% |
| 50 CNY | 2,850.6271 ALVA | 2,085.07089 ALVA | +26.85% |
| 100 CNY | 5,701.2542 ALVA | 4,170.1417 ALVA | +26.85% |
| 1,000 CNY | 57,012.5427 ALVA | 41,701.4178 ALVA | +26.85% |
Today vs. 1 Year ago
CNY (Chinese Yuan Renminbi) | Today at 3:02 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 CNY | 57.01254 ALVA | 3.2185 ALVA | +94.35% |
| 5 CNY | 285.06271 ALVA | 16.09269 ALVA | +94.35% |
| 10 CNY | 570.1254 ALVA | 32.1853 ALVA | +94.35% |
| 50 CNY | 2,850.6271 ALVA | 160.9269 ALVA | +94.35% |
| 100 CNY | 5,701.2542 ALVA | 321.8538 ALVA | +94.35% |
| 1,000 CNY | 57,012.5427 ALVA | 3,218.5387 ALVA | +94.35% |