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 | 0.9236 |
2 | 1.8473 |
3 | 2.771 |
5 | 4.6183 |
10 | 9.2366 |
25 | 23.0917 |
50 | 46.1834 |
100 | 92.3668 |
1,000 | 923.668 |
Chinese Yuan Renminbi | |
|---|---|
1 | 1.08264 |
5 | 5.4132 |
10 | 10.8264 |
20 | 21.6528 |
50 | 54.132 |
100 | 108.264 |
200 | 216.528 |
500 | 541.32 |
1,000 | 1,082.64 |
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Chinese Yuan Renminbi to Initia performance history
Today vs. 24 hours ago
CNY (Chinese Yuan Renminbi) | Today at 12:51 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 CNY | 1.1183 INIT | 1.1225 INIT | -0.39% |
| 5 CNY | 5.5915 INIT | 5.6129 INIT | -0.39% |
| 10 CNY | 11.1831 INIT | 11.2258 INIT | -0.39% |
| 50 CNY | 55.9159 INIT | 56.1293 INIT | -0.39% |
| 100 CNY | 111.8318 INIT | 112.2586 INIT | -0.39% |
| 1,000 CNY | 1,118.318 INIT | 1,122.5864 INIT | -0.39% |
Today vs. 30 Days ago
CNY (Chinese Yuan Renminbi) | Today at 12:51 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 CNY | 1.1183 INIT | 1.3243 INIT | -18.43% |
| 5 CNY | 5.5915 INIT | 6.6216 INIT | -18.43% |
| 10 CNY | 11.1831 INIT | 13.2432 INIT | -18.43% |
| 50 CNY | 55.9159 INIT | 66.2163 INIT | -18.43% |
| 100 CNY | 111.8318 INIT | 132.4327 INIT | -18.43% |
| 1,000 CNY | 1,118.318 INIT | 1,324.3279 INIT | -18.43% |
Today vs. 1 Year ago
CNY (Chinese Yuan Renminbi) | Today at 12:51 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 CNY | 1.1183 INIT | 1.2532 INIT | -12.07% |
| 5 CNY | 5.5915 INIT | 6.2664 INIT | -12.07% |
| 10 CNY | 11.1831 INIT | 12.5328 INIT | -12.07% |
| 50 CNY | 55.9159 INIT | 62.6644 INIT | -12.07% |
| 100 CNY | 111.8318 INIT | 125.3289 INIT | -12.07% |
| 1,000 CNY | 1,118.318 INIT | 1,253.2898 INIT | -12.07% |