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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 Stable
Stable price conversion tables
Chinese Yuan Renminbi | |
|---|---|
1 | 0.1724 |
2 | 0.3448 |
3 | 0.5172 |
5 | 0.8621 |
10 | 1.7242 |
25 | 4.3107 |
50 | 8.6214 |
100 | 17.2429 |
1,000 | 172.4295 |
Chinese Yuan Renminbi | |
|---|---|
1 | 5.7994 |
5 | 28.9973 |
10 | 57.9947 |
20 | 115.9894 |
50 | 289.9735 |
100 | 579.947 |
200 | 1,159.8941 |
500 | 2,899.7353 |
1,000 | 5,799.4706 |
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Chinese Yuan Renminbi to Stable performance history
Today vs. 24 hours ago
CNY (Chinese Yuan Renminbi) | Today at 3:06 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 CNY | 5.787 STABLE | 5.2356 STABLE | +9.52% |
| 5 CNY | 28.9351 STABLE | 26.178 STABLE | +9.52% |
| 10 CNY | 57.8703 STABLE | 52.356 STABLE | +9.52% |
| 50 CNY | 289.3518 STABLE | 261.7801 STABLE | +9.52% |
| 100 CNY | 578.7037 STABLE | 523.5602 STABLE | +9.52% |
| 1,000 CNY | 5,787.03703 STABLE | 5,235.602 STABLE | +9.52% |
Today vs. 30 Days ago
CNY (Chinese Yuan Renminbi) | Today at 3:06 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 CNY | 5.787 STABLE | 5.3504 STABLE | +7.54% |
| 5 CNY | 28.9351 STABLE | 26.7522 STABLE | +7.54% |
| 10 CNY | 57.8703 STABLE | 53.5045 STABLE | +7.54% |
| 50 CNY | 289.3518 STABLE | 267.5227 STABLE | +7.54% |
| 100 CNY | 578.7037 STABLE | 535.04547 STABLE | +7.54% |
| 1,000 CNY | 5,787.03703 STABLE | 5,350.4547 STABLE | +7.54% |
Today vs. 1 Year ago
CNY (Chinese Yuan Renminbi) | Today at 3:06 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 CNY | 5.787 STABLE | 4.985 STABLE | +13.85% |
| 5 CNY | 28.9351 STABLE | 24.9252 STABLE | +13.85% |
| 10 CNY | 57.8703 STABLE | 49.8504 STABLE | +13.85% |
| 50 CNY | 289.3518 STABLE | 249.2522 STABLE | +13.85% |
| 100 CNY | 578.7037 STABLE | 498.5044 STABLE | +13.85% |
| 1,000 CNY | 5,787.03703 STABLE | 4,985.04486 STABLE | +13.85% |