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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 Save
Save price conversion tables
Chinese Yuan Renminbi | |
|---|---|
1 | 1.06227 |
2 | 2.1245 |
3 | 3.1868 |
5 | 5.3113 |
10 | 10.6227 |
25 | 26.5568 |
50 | 53.1136 |
100 | 106.2272 |
1,000 | 1,062.2721 |
Chinese Yuan Renminbi | |
|---|---|
1 | 0.9413 |
5 | 4.7068 |
10 | 9.4137 |
20 | 18.8275 |
50 | 47.06891 |
100 | 94.1378 |
200 | 188.2756 |
500 | 470.6891 |
1,000 | 941.3783 |
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Chinese Yuan Renminbi to Save performance history
Today vs. 24 hours ago
CNY (Chinese Yuan Renminbi) | Today at 5:52 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 CNY | 0.9433 SAVE | 0.9803 SAVE | -3.93% |
| 5 CNY | 4.7169 SAVE | 4.9019 SAVE | -3.93% |
| 10 CNY | 9.4339 SAVE | 9.8039 SAVE | -3.93% |
| 50 CNY | 47.1698 SAVE | 49.0196 SAVE | -3.93% |
| 100 CNY | 94.3396 SAVE | 98.03921 SAVE | -3.93% |
| 1,000 CNY | 943.3962 SAVE | 980.3921 SAVE | -3.93% |
Today vs. 30 Days ago
CNY (Chinese Yuan Renminbi) | Today at 5:52 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 CNY | 0.9433 SAVE | 1.2439 SAVE | -31.86% |
| 5 CNY | 4.7169 SAVE | 6.2196 SAVE | -31.86% |
| 10 CNY | 9.4339 SAVE | 12.4393 SAVE | -31.86% |
| 50 CNY | 47.1698 SAVE | 62.1967 SAVE | -31.86% |
| 100 CNY | 94.3396 SAVE | 124.3935 SAVE | -31.86% |
| 1,000 CNY | 943.3962 SAVE | 1,243.9358 SAVE | -31.86% |
Today vs. 1 Year ago
CNY (Chinese Yuan Renminbi) | Today at 5:52 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 CNY | 0.9433 SAVE | 0.483 SAVE | +48.79% |
| 5 CNY | 4.7169 SAVE | 2.4154 SAVE | +48.79% |
| 10 CNY | 9.4339 SAVE | 4.8309 SAVE | +48.79% |
| 50 CNY | 47.1698 SAVE | 24.1545 SAVE | +48.79% |
| 100 CNY | 94.3396 SAVE | 48.3091 SAVE | +48.79% |
| 1,000 CNY | 943.3962 SAVE | 483.09178 SAVE | +48.79% |