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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 NASDEX
NASDEX price conversion tables
Chinese Yuan Renminbi | |
|---|---|
1 | 0.01542 |
2 | 0.03085 |
3 | 0.04628 |
5 | 0.07714 |
10 | 0.1542 |
25 | 0.3857 |
50 | 0.7714 |
100 | 1.5428 |
1,000 | 15.4288 |
Chinese Yuan Renminbi | |
|---|---|
1 | 64.8136 |
5 | 324.06801 |
10 | 648.136 |
20 | 1,296.272 |
50 | 3,240.6801 |
100 | 6,481.3602 |
200 | 12,962.7205 |
500 | 32,406.8012 |
1,000 | 64,813.6025 |
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Chinese Yuan Renminbi to NASDEX performance history
Today vs. 24 hours ago
CNY (Chinese Yuan Renminbi) | Today at 4:04 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 CNY | 64.8088 NSDX | 62.9722 NSDX | +2.83% |
| 5 CNY | 324.04406 NSDX | 314.8614 NSDX | +2.83% |
| 10 CNY | 648.08813 NSDX | 629.7229 NSDX | +2.83% |
| 50 CNY | 3,240.4406 NSDX | 3,148.6146 NSDX | +2.83% |
| 100 CNY | 6,480.8813 NSDX | 6,297.2292 NSDX | +2.83% |
| 1,000 CNY | 64,808.8139 NSDX | 62,972.2921 NSDX | +2.83% |
Today vs. 30 Days ago
CNY (Chinese Yuan Renminbi) | Today at 4:04 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 CNY | 64.8088 NSDX | 59.8444 NSDX | +7.66% |
| 5 CNY | 324.04406 NSDX | 299.222 NSDX | +7.66% |
| 10 CNY | 648.08813 NSDX | 598.444 NSDX | +7.66% |
| 50 CNY | 3,240.4406 NSDX | 2,992.2202 NSDX | +7.66% |
| 100 CNY | 6,480.8813 NSDX | 5,984.4404 NSDX | +7.66% |
| 1,000 CNY | 64,808.8139 NSDX | 59,844.4045 NSDX | +7.66% |
Today vs. 1 Year ago
CNY (Chinese Yuan Renminbi) | Today at 4:04 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 CNY | 64.8088 NSDX | 24.213 NSDX | +62.63% |
| 5 CNY | 324.04406 NSDX | 121.06537 NSDX | +62.63% |
| 10 CNY | 648.08813 NSDX | 242.1307 NSDX | +62.63% |
| 50 CNY | 3,240.4406 NSDX | 1,210.6537 NSDX | +62.63% |
| 100 CNY | 6,480.8813 NSDX | 2,421.3075 NSDX | +62.63% |
| 1,000 CNY | 64,808.8139 NSDX | 24,213.07506 NSDX | +62.63% |