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.
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.
Chinese Yuan Renminbi | |
|---|---|
1 | 0.5333 |
2 | 1.06665 |
3 | 1.5999 |
5 | 2.6666 |
10 | 5.3332 |
25 | 13.3331 |
50 | 26.6663 |
100 | 53.3327 |
1000 | 533.3272 |
Chinese Yuan Renminbi | |
|---|---|
1 | 1.875 |
5 | 9.3751 |
10 | 18.7502 |
20 | 37.5004 |
50 | 93.751 |
100 | 187.5021 |
200 | 375.004298 |
500 | 937.5107 |
1000 | 1,875.02149 |
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CNY (Chinese Yuan Renminbi) | Today at 4:39 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 CNY | 1.8737 HBAR | 2.2836 HBAR | -21.88% |
| 5 CNY | 9.3685 HBAR | 11.4181 HBAR | -21.88% |
| 10 CNY | 18.7371 HBAR | 22.8362 HBAR | -21.88% |
| 50 CNY | 93.6855 HBAR | 114.1813 HBAR | -21.88% |
| 100 CNY | 187.3711 HBAR | 228.3626 HBAR | -21.88% |
| 1,000 CNY | 1,873.7118 HBAR | 2,283.6263 HBAR | -21.88% |
CNY (Chinese Yuan Renminbi) | Today at 4:39 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 CNY | 1.8737 HBAR | 2.2197 HBAR | -18.47% |
| 5 CNY | 9.3685 HBAR | 11.09877 HBAR | -18.47% |
| 10 CNY | 18.7371 HBAR | 22.1975 HBAR | -18.47% |
| 50 CNY | 93.6855 HBAR | 110.9877 HBAR | -18.47% |
| 100 CNY | 187.3711 HBAR | 221.9755 HBAR | -18.47% |
| 1,000 CNY | 1,873.7118 HBAR | 2,219.7558 HBAR | -18.47% |
CNY (Chinese Yuan Renminbi) | Today at 4:39 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 CNY | 1.8737 HBAR | 0.5882 HBAR | +68.60% |
| 5 CNY | 9.3685 HBAR | 2.9411 HBAR | +68.60% |
| 10 CNY | 18.7371 HBAR | 5.8823 HBAR | +68.60% |
| 50 CNY | 93.6855 HBAR | 29.4117 HBAR | +68.60% |
| 100 CNY | 187.3711 HBAR | 58.8235 HBAR | +68.60% |
| 1,000 CNY | 1,873.7118 HBAR | 588.2352 HBAR | +68.60% |