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CNY to FRED price chart
CNY to FRED 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 FRED
FRED price conversion tables
Chinese Yuan Renminbi | |
|---|---|
1 | 0.0006639 |
2 | 0.001327 |
3 | 0.001991 |
5 | 0.003319 |
10 | 0.006639 |
25 | 0.01659 |
50 | 0.03319 |
100 | 0.06639 |
1,000 | 0.6639 |
Chinese Yuan Renminbi | |
|---|---|
1 | 1,506.07416 |
5 | 7,530.3708 |
10 | 15,060.7416 |
20 | 30,121.4833 |
50 | 75,303.7083 |
100 | 150,607.4166 |
200 | 301,214.8333 |
500 | 753,037.08327 |
1,000 | 1,506,074.1665 |
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Chinese Yuan Renminbi to FRED performance history
Today vs. 24 hours ago
CNY (Chinese Yuan Renminbi) | Today at 2:08 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 CNY | 1,511.2588 FRED | 1,493.4289 FRED | +1.17% |
| 5 CNY | 7,556.2943 FRED | 7,467.1445 FRED | +1.17% |
| 10 CNY | 15,112.5887 FRED | 14,934.2891 FRED | +1.17% |
| 50 CNY | 75,562.9439 FRED | 74,671.4456 FRED | +1.17% |
| 100 CNY | 151,125.8878 FRED | 149,342.8912 FRED | +1.17% |
| 1,000 CNY | 1,511,258.8786 FRED | 1,493,428.9127 FRED | +1.17% |
Today vs. 30 Days ago
CNY (Chinese Yuan Renminbi) | Today at 2:08 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 CNY | 1,511.2588 FRED | 1,228.8031 FRED | +18.69% |
| 5 CNY | 7,556.2943 FRED | 6,144.01572 FRED | +18.69% |
| 10 CNY | 15,112.5887 FRED | 12,288.03145 FRED | +18.69% |
| 50 CNY | 75,562.9439 FRED | 61,440.1572 FRED | +18.69% |
| 100 CNY | 151,125.8878 FRED | 122,880.3145 FRED | +18.69% |
| 1,000 CNY | 1,511,258.8786 FRED | 1,228,803.1457 FRED | +18.69% |
Today vs. 1 Year ago
CNY (Chinese Yuan Renminbi) | Today at 2:08 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 CNY | 1,511.2588 FRED | 665.3359 FRED | +55.97% |
| 5 CNY | 7,556.2943 FRED | 3,326.6799 FRED | +55.97% |
| 10 CNY | 15,112.5887 FRED | 6,653.3599 FRED | +55.97% |
| 50 CNY | 75,562.9439 FRED | 33,266.7997 FRED | +55.97% |
| 100 CNY | 151,125.8878 FRED | 66,533.5994 FRED | +55.97% |
| 1,000 CNY | 1,511,258.8786 FRED | 665,335.9946 FRED | +55.97% |