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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 RealLink
RealLink price conversion tables
Chinese Yuan Renminbi | |
|---|---|
1 | 0.06022 |
2 | 0.1204 |
3 | 0.1806 |
5 | 0.3011 |
10 | 0.6022 |
25 | 1.5055 |
50 | 3.0111 |
100 | 6.0222 |
1,000 | 60.222 |
Chinese Yuan Renminbi | |
|---|---|
1 | 16.6052 |
5 | 83.02609 |
10 | 166.05219 |
20 | 332.1043 |
50 | 830.2609 |
100 | 1,660.5219 |
200 | 3,321.04381 |
500 | 8,302.6095 |
1,000 | 16,605.219 |
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Chinese Yuan Renminbi to RealLink performance history
Today vs. 24 hours ago
CNY (Chinese Yuan Renminbi) | Today at 8:32 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 CNY | 16.6057 REAL | 16.4527 REAL | +0.92% |
| 5 CNY | 83.02889 REAL | 82.2639 REAL | +0.92% |
| 10 CNY | 166.05778 REAL | 164.5278 REAL | +0.92% |
| 50 CNY | 830.2889 REAL | 822.639 REAL | +0.92% |
| 100 CNY | 1,660.5778 REAL | 1,645.278 REAL | +0.92% |
| 1,000 CNY | 16,605.7788 REAL | 16,452.7805 REAL | +0.92% |
Today vs. 30 Days ago
CNY (Chinese Yuan Renminbi) | Today at 8:32 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 CNY | 16.6057 REAL | 27.8551 REAL | -67.75% |
| 5 CNY | 83.02889 REAL | 139.2757 REAL | -67.75% |
| 10 CNY | 166.05778 REAL | 278.5515 REAL | -67.75% |
| 50 CNY | 830.2889 REAL | 1,392.7576 REAL | -67.75% |
| 100 CNY | 1,660.5778 REAL | 2,785.5153 REAL | -67.75% |
| 1,000 CNY | 16,605.7788 REAL | 27,855.1532 REAL | -67.75% |
Today vs. 1 Year ago
CNY (Chinese Yuan Renminbi) | Today at 8:32 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 CNY | 16.6057 REAL | 2.207 REAL | +86.70% |
| 5 CNY | 83.02889 REAL | 11.03509 REAL | +86.70% |
| 10 CNY | 166.05778 REAL | 22.07018 REAL | +86.70% |
| 50 CNY | 830.2889 REAL | 110.3509 REAL | +86.70% |
| 100 CNY | 1,660.5778 REAL | 220.7018 REAL | +86.70% |
| 1,000 CNY | 16,605.7788 REAL | 2,207.01831 REAL | +86.70% |