Convert CNY to MBG | Live MultiBank Group Calculator
CNY to MBG price chart
CNY to MultiBank Group 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 MultiBank Group
MultiBank Group price conversion tables
Chinese Yuan Renminbi | |
|---|---|
1 | 0.6816 |
2 | 1.3633 |
3 | 2.04501 |
5 | 3.4083 |
10 | 6.8167 |
25 | 17.04176 |
50 | 34.08353 |
100 | 68.167 |
1,000 | 681.6706 |
Chinese Yuan Renminbi | |
|---|---|
1 | 1.4669 |
5 | 7.3349 |
10 | 14.6698 |
20 | 29.3396 |
50 | 73.3492 |
100 | 146.6984 |
200 | 293.3968 |
500 | 733.492 |
1,000 | 1,466.984 |
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Chinese Yuan Renminbi to MultiBank Group performance history
Today vs. 24 hours ago
CNY (Chinese Yuan Renminbi) | Today at 11:59 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 CNY | 1.4641 MBG | 1.4628 MBG | +0.08% |
| 5 CNY | 7.3206 MBG | 7.3142 MBG | +0.08% |
| 10 CNY | 14.6412 MBG | 14.6284 MBG | +0.08% |
| 50 CNY | 73.2064 MBG | 73.1421 MBG | +0.08% |
| 100 CNY | 146.4128 MBG | 146.2843 MBG | +0.08% |
| 1,000 CNY | 1,464.1288 MBG | 1,462.8437 MBG | +0.08% |
Today vs. 30 Days ago
CNY (Chinese Yuan Renminbi) | Today at 11:59 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 CNY | 1.4641 MBG | 1.457 MBG | +0.48% |
| 5 CNY | 7.3206 MBG | 7.2854 MBG | +0.48% |
| 10 CNY | 14.6412 MBG | 14.5708 MBG | +0.48% |
| 50 CNY | 73.2064 MBG | 72.8544 MBG | +0.48% |
| 100 CNY | 146.4128 MBG | 145.7088 MBG | +0.48% |
| 1,000 CNY | 1,464.1288 MBG | 1,457.08873 MBG | +0.48% |
Today vs. 1 Year ago
CNY (Chinese Yuan Renminbi) | Today at 11:59 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 CNY | 1.4641 MBG | 0.2079 MBG | +85.80% |
| 5 CNY | 7.3206 MBG | 1.0395 MBG | +85.80% |
| 10 CNY | 14.6412 MBG | 2.079 MBG | +85.80% |
| 50 CNY | 73.2064 MBG | 10.395 MBG | +85.80% |
| 100 CNY | 146.4128 MBG | 20.79 MBG | +85.80% |
| 1,000 CNY | 1,464.1288 MBG | 207.9002 MBG | +85.80% |