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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 RealBriefly
RealBriefly price conversion tables
Chinese Yuan Renminbi | |
|---|---|
1 | 0.005061 |
2 | 0.01012 |
3 | 0.01518 |
5 | 0.0253 |
10 | 0.05061 |
25 | 0.1265 |
50 | 0.253 |
100 | 0.5061 |
1,000 | 5.06145 |
Chinese Yuan Renminbi | |
|---|---|
1 | 197.5716 |
5 | 987.8583 |
10 | 1,975.7166 |
20 | 3,951.4332 |
50 | 9,878.583 |
100 | 19,757.166 |
200 | 39,514.3321 |
500 | 98,785.8302 |
1,000 | 197,571.6605 |
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Chinese Yuan Renminbi to RealBriefly performance history
Today vs. 24 hours ago
CNY (Chinese Yuan Renminbi) | Today at 10:07 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 CNY | 197.863 REAL | 194.704 REAL | +1.59% |
| 5 CNY | 989.3153 REAL | 973.5202 REAL | +1.59% |
| 10 CNY | 1,978.6307 REAL | 1,947.04049 REAL | +1.59% |
| 50 CNY | 9,893.1539 REAL | 9,735.2024 REAL | +1.59% |
| 100 CNY | 19,786.3078 REAL | 19,470.4049 REAL | +1.59% |
| 1,000 CNY | 197,863.07874 REAL | 194,704.04984 REAL | +1.59% |
Today vs. 30 Days ago
CNY (Chinese Yuan Renminbi) | Today at 10:07 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 CNY | 197.863 REAL | 165.4807 REAL | +16.36% |
| 5 CNY | 989.3153 REAL | 827.4036 REAL | +16.36% |
| 10 CNY | 1,978.6307 REAL | 1,654.8072 REAL | +16.36% |
| 50 CNY | 9,893.1539 REAL | 8,274.03607 REAL | +16.36% |
| 100 CNY | 19,786.3078 REAL | 16,548.07214 REAL | +16.36% |
| 1,000 CNY | 197,863.07874 REAL | 165,480.7214 REAL | +16.36% |
Today vs. 1 Year ago
CNY (Chinese Yuan Renminbi) | Today at 10:07 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 CNY | 197.863 REAL | 6.1462 REAL | +96.89% |
| 5 CNY | 989.3153 REAL | 30.7314 REAL | +96.89% |
| 10 CNY | 1,978.6307 REAL | 61.4628 REAL | +96.89% |
| 50 CNY | 9,893.1539 REAL | 307.314 REAL | +96.89% |
| 100 CNY | 19,786.3078 REAL | 614.6281 REAL | +96.89% |
| 1,000 CNY | 197,863.07874 REAL | 6,146.2814 REAL | +96.89% |