Convert CNY to LAB | Live LAB Calculator
CNY to LAB price chart
CNY to LAB 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 LAB
LAB price conversion tables
Chinese Yuan Renminbi | |
|---|---|
1 | 0.3121 |
2 | 0.6243 |
3 | 0.9364 |
5 | 1.5607 |
10 | 3.1215 |
25 | 7.8038 |
50 | 15.6076 |
100 | 31.2152 |
1,000 | 312.1522 |
Chinese Yuan Renminbi | |
|---|---|
1 | 3.2035 |
5 | 16.01782 |
10 | 32.03564 |
20 | 64.07128 |
50 | 160.1782 |
100 | 320.3564 |
200 | 640.7128 |
500 | 1,601.7822 |
1,000 | 3,203.5644 |
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Chinese Yuan Renminbi to LAB performance history
Today vs. 24 hours ago
CNY (Chinese Yuan Renminbi) | Today at 1:41 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 CNY | 3.2711 LAB | 3.4164 LAB | -4.45% |
| 5 CNY | 16.3559 LAB | 17.08233 LAB | -4.45% |
| 10 CNY | 32.7118 LAB | 34.1646 LAB | -4.45% |
| 50 CNY | 163.559 LAB | 170.8233 LAB | -4.45% |
| 100 CNY | 327.118 LAB | 341.6467 LAB | -4.45% |
| 1,000 CNY | 3,271.1808 LAB | 3,416.4673 LAB | -4.45% |
Today vs. 30 Days ago
CNY (Chinese Yuan Renminbi) | Today at 1:41 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 CNY | 3.2711 LAB | 2.9886 LAB | +8.63% |
| 5 CNY | 16.3559 LAB | 14.9432 LAB | +8.63% |
| 10 CNY | 32.7118 LAB | 29.8864 LAB | +8.63% |
| 50 CNY | 163.559 LAB | 149.4321 LAB | +8.63% |
| 100 CNY | 327.118 LAB | 298.8643 LAB | +8.63% |
| 1,000 CNY | 3,271.1808 LAB | 2,988.6431 LAB | +8.63% |
Today vs. 1 Year ago
CNY (Chinese Yuan Renminbi) | Today at 1:41 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 CNY | 3.2711 LAB | 0.9259 LAB | +71.69% |
| 5 CNY | 16.3559 LAB | 4.6296 LAB | +71.69% |
| 10 CNY | 32.7118 LAB | 9.2592 LAB | +71.69% |
| 50 CNY | 163.559 LAB | 46.2962 LAB | +71.69% |
| 100 CNY | 327.118 LAB | 92.5925 LAB | +71.69% |
| 1,000 CNY | 3,271.1808 LAB | 925.9259 LAB | +71.69% |