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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 Pi
Pi price conversion tables
Chinese Yuan Renminbi | |
|---|---|
1 | 1.01784 |
2 | 2.03569 |
3 | 3.05353 |
5 | 5.08923 |
10 | 10.1784 |
25 | 25.4461 |
50 | 50.8923 |
100 | 101.7846 |
1000 | 1017.846 |
Chinese Yuan Renminbi | |
|---|---|
1 | 0.9824 |
5 | 4.9123 |
10 | 9.8246 |
20 | 19.6493 |
50 | 49.1233 |
100 | 98.2466 |
200 | 196.4933 |
500 | 491.2334 |
1000 | 982.4668 |
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Chinese Yuan Renminbi to Pi performance history
Today vs. 24 hours ago
CNY (Chinese Yuan Renminbi) | Today at 6:16 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 CNY | 0.9803 PI | 0.9708 PI | +0.97% |
| 5 CNY | 4.9019 PI | 4.8543 PI | +0.97% |
| 10 CNY | 9.8039 PI | 9.7087 PI | +0.97% |
| 50 CNY | 49.0196 PI | 48.5436 PI | +0.97% |
| 100 CNY | 98.03921 PI | 97.08737 PI | +0.97% |
| 1000 CNY | 980.3921 PI | 970.8737 PI | +0.97% |
Today vs. 30 Days ago
CNY (Chinese Yuan Renminbi) | Today at 6:16 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 CNY | 0.9803 PI | 0.8771 PI | +10.52% |
| 5 CNY | 4.9019 PI | 4.3859 PI | +10.52% |
| 10 CNY | 9.8039 PI | 8.7719 PI | +10.52% |
| 50 CNY | 49.0196 PI | 43.8596 PI | +10.52% |
| 100 CNY | 98.03921 PI | 87.7192 PI | +10.52% |
| 1000 CNY | 980.3921 PI | 877.1929 PI | +10.52% |
Today vs. 1 Year ago
CNY (Chinese Yuan Renminbi) | Today at 6:16 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 CNY | 0.9803 PI | 0.1953 PI | +80.07% |
| 5 CNY | 4.9019 PI | 0.9765 PI | +80.07% |
| 10 CNY | 9.8039 PI | 1.9531 PI | +80.07% |
| 50 CNY | 49.0196 PI | 9.7656 PI | +80.07% |
| 100 CNY | 98.03921 PI | 19.5312 PI | +80.07% |
| 1000 CNY | 980.3921 PI | 195.3125 PI | +80.07% |