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 | 0.4427 |
2 | 0.8855 |
3 | 1.3282 |
5 | 2.2137 |
10 | 4.4275 |
25 | 11.06896 |
50 | 22.1379 |
100 | 44.2758 |
1,000 | 442.7587 |
Chinese Yuan Renminbi | |
|---|---|
1 | 2.2585 |
5 | 11.2928 |
10 | 22.5856 |
20 | 45.1713 |
50 | 112.9283 |
100 | 225.8566 |
200 | 451.7132 |
500 | 1,129.283 |
1,000 | 2,258.5661 |
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Chinese Yuan Renminbi to Initia performance history
Today vs. 24 hours ago
CNY (Chinese Yuan Renminbi) | Today at 5:48 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 CNY | 2.2593 INIT | 2.8993 INIT | -28.33% |
| 5 CNY | 11.2968 INIT | 14.4969 INIT | -28.33% |
| 10 CNY | 22.5937 INIT | 28.9939 INIT | -28.33% |
| 50 CNY | 112.9688 INIT | 144.9695 INIT | -28.33% |
| 100 CNY | 225.9376 INIT | 289.9391 INIT | -28.33% |
| 1,000 CNY | 2,259.3764 INIT | 2,899.3911 INIT | -28.33% |
Today vs. 30 Days ago
CNY (Chinese Yuan Renminbi) | Today at 5:48 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 CNY | 2.2593 INIT | 2.8272 INIT | -25.14% |
| 5 CNY | 11.2968 INIT | 14.1362 INIT | -25.14% |
| 10 CNY | 22.5937 INIT | 28.2725 INIT | -25.14% |
| 50 CNY | 112.9688 INIT | 141.3627 INIT | -25.14% |
| 100 CNY | 225.9376 INIT | 282.7254 INIT | -25.14% |
| 1,000 CNY | 2,259.3764 INIT | 2,827.2547 INIT | -25.14% |
Today vs. 1 Year ago
CNY (Chinese Yuan Renminbi) | Today at 5:48 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 CNY | 2.2593 INIT | 0.3676 INIT | +83.72% |
| 5 CNY | 11.2968 INIT | 1.8382 INIT | +83.72% |
| 10 CNY | 22.5937 INIT | 3.6764 INIT | +83.72% |
| 50 CNY | 112.9688 INIT | 18.3823 INIT | +83.72% |
| 100 CNY | 225.9376 INIT | 36.7647 INIT | +83.72% |
| 1,000 CNY | 2,259.3764 INIT | 367.647 INIT | +83.72% |