Convert CNY to OVATO | Live Ovato Calculator
CNY to OVATO price chart
CNY to Ovato 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 Ovato
Ovato price conversion tables
Chinese Yuan Renminbi | |
|---|---|
1 | 8.3456 |
2 | 16.6912 |
3 | 25.03687 |
5 | 41.7281 |
10 | 83.4562 |
25 | 208.6406 |
50 | 417.2812 |
100 | 834.5625 |
1,000 | 8,345.625 |
Chinese Yuan Renminbi | |
|---|---|
1 | 0.1198 |
5 | 0.5991 |
10 | 1.1982 |
20 | 2.3964 |
50 | 5.9911 |
100 | 11.9823 |
200 | 23.9646 |
500 | 59.9116 |
1,000 | 119.8232 |
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Chinese Yuan Renminbi to Ovato performance history
Today vs. 24 hours ago
CNY (Chinese Yuan Renminbi) | Today at 11:08 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 CNY | 0.1197 OVATO | 0.1207 OVATO | -0.85% |
| 5 CNY | 0.5988 OVATO | 0.6038 OVATO | -0.85% |
| 10 CNY | 1.1976 OVATO | 1.2077 OVATO | -0.85% |
| 50 CNY | 5.988 OVATO | 6.03864 OVATO | -0.85% |
| 100 CNY | 11.976 OVATO | 12.07729 OVATO | -0.85% |
| 1,000 CNY | 119.7604 OVATO | 120.7729 OVATO | -0.85% |
Today vs. 30 Days ago
CNY (Chinese Yuan Renminbi) | Today at 11:08 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 CNY | 0.1197 OVATO | 0.1237 OVATO | -3.35% |
| 5 CNY | 0.5988 OVATO | 0.6188 OVATO | -3.35% |
| 10 CNY | 1.1976 OVATO | 1.2376 OVATO | -3.35% |
| 50 CNY | 5.988 OVATO | 6.1881 OVATO | -3.35% |
| 100 CNY | 11.976 OVATO | 12.3762 OVATO | -3.35% |
| 1,000 CNY | 119.7604 OVATO | 123.7623 OVATO | -3.35% |
Today vs. 1 Year ago
CNY (Chinese Yuan Renminbi) | Today at 11:08 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 CNY | 0.1197 OVATO | 0.2118 OVATO | -76.91% |
| 5 CNY | 0.5988 OVATO | 1.05932 OVATO | -76.91% |
| 10 CNY | 1.1976 OVATO | 2.1186 OVATO | -76.91% |
| 50 CNY | 5.988 OVATO | 10.5932 OVATO | -76.91% |
| 100 CNY | 11.976 OVATO | 21.1864 OVATO | -76.91% |
| 1,000 CNY | 119.7604 OVATO | 211.8644 OVATO | -76.91% |