Convert CNY to INIT | Live Initia Calculator
CNY to INIT price chart
CNY to Initia 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 Initia
Initia price conversion tables
Chinese Yuan Renminbi | |
|---|---|
1 | 0.5819 |
2 | 1.1638 |
3 | 1.7458 |
5 | 2.9097 |
10 | 5.8194 |
25 | 14.5486 |
50 | 29.09728 |
100 | 58.1945 |
1000 | 581.9457 |
Chinese Yuan Renminbi | |
|---|---|
1 | 1.7183 |
5 | 8.5918 |
10 | 17.1837 |
20 | 34.3674 |
50 | 85.9186 |
100 | 171.8373 |
200 | 343.6746 |
500 | 859.1866 |
1000 | 1718.3732 |
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Chinese Yuan Renminbi to Initia performance history
Today vs. 24 hours ago
CNY (Chinese Yuan Renminbi) | Today at 11:32 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 CNY | 1.7164 INIT | 1.4314 INIT | +16.60% |
| 5 CNY | 8.5822 INIT | 7.1571 INIT | +16.60% |
| 10 CNY | 17.1644 INIT | 14.3143 INIT | +16.60% |
| 50 CNY | 85.8221 INIT | 71.5717 INIT | +16.60% |
| 100 CNY | 171.6443 INIT | 143.1434 INIT | +16.60% |
| 1000 CNY | 1716.4435 INIT | 1431.4342 INIT | +16.60% |
Today vs. 30 Days ago
CNY (Chinese Yuan Renminbi) | Today at 11:32 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 CNY | 1.7164 INIT | 1.9227 INIT | -12.02% |
| 5 CNY | 8.5822 INIT | 9.6135 INIT | -12.02% |
| 10 CNY | 17.1644 INIT | 19.227 INIT | -12.02% |
| 50 CNY | 85.8221 INIT | 96.1353 INIT | -12.02% |
| 100 CNY | 171.6443 INIT | 192.2707 INIT | -12.02% |
| 1000 CNY | 1716.4435 INIT | 1922.7071 INIT | -12.02% |
Today vs. 1 Year ago
CNY (Chinese Yuan Renminbi) | Today at 11:32 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 CNY | 1.7164 INIT | 0.1215 INIT | +92.92% |
| 5 CNY | 8.5822 INIT | 0.6075 INIT | +92.92% |
| 10 CNY | 17.1644 INIT | 1.215 INIT | +92.92% |
| 50 CNY | 85.8221 INIT | 6.07533 INIT | +92.92% |
| 100 CNY | 171.6443 INIT | 12.1506 INIT | +92.92% |
| 1000 CNY | 1716.4435 INIT | 121.5066 INIT | +92.92% |