Convert CNY to VELO | Live Velo Calculator
CNY to VELO price chart
CNY to Velo exchange rate
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 Velo
Velo price conversion tables
Chinese Yuan Renminbi | |
|---|---|
1 | 0.02358 |
2 | 0.04716 |
3 | 0.07074 |
5 | 0.1179 |
10 | 0.2358 |
25 | 0.5895 |
50 | 1.179 |
100 | 2.3581 |
1,000 | 23.5813 |
Chinese Yuan Renminbi | |
|---|---|
1 | 42.4063 |
5 | 212.03153 |
10 | 424.06306 |
20 | 848.1261 |
50 | 2,120.3153 |
100 | 4,240.6306 |
200 | 8,481.2613 |
500 | 21,203.1534 |
1,000 | 42,406.3068 |
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Chinese Yuan Renminbi to Velo performance history
Today vs. 24 hours ago
CNY (Chinese Yuan Renminbi) | Today at 4:22 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 CNY | 42.194 VELO | 41.425 VELO | +1.82% |
| 5 CNY | 210.9704 VELO | 207.1251 VELO | +1.82% |
| 10 CNY | 421.9409 VELO | 414.2502 VELO | +1.82% |
| 50 CNY | 2,109.7046 VELO | 2,071.251 VELO | +1.82% |
| 100 CNY | 4,219.4092 VELO | 4,142.502 VELO | +1.82% |
| 1,000 CNY | 42,194.09282 VELO | 41,425.02071 VELO | +1.82% |
Today vs. 30 Days ago
CNY (Chinese Yuan Renminbi) | Today at 4:22 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 CNY | 42.194 VELO | 29.8864 VELO | +29.16% |
| 5 CNY | 210.9704 VELO | 149.4321 VELO | +29.16% |
| 10 CNY | 421.9409 VELO | 298.8643 VELO | +29.16% |
| 50 CNY | 2,109.7046 VELO | 1,494.3215 VELO | +29.16% |
| 100 CNY | 4,219.4092 VELO | 2,988.6431 VELO | +29.16% |
| 1,000 CNY | 42,194.09282 VELO | 29,886.4315 VELO | +29.16% |
Today vs. 1 Year ago
CNY (Chinese Yuan Renminbi) | Today at 4:22 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 CNY | 42.194 VELO | 20.3004 VELO | +51.88% |
| 5 CNY | 210.9704 VELO | 101.5022 VELO | +51.88% |
| 10 CNY | 421.9409 VELO | 203.004466 VELO | +51.88% |
| 50 CNY | 2,109.7046 VELO | 1,015.02233 VELO | +51.88% |
| 100 CNY | 4,219.4092 VELO | 2,030.04466 VELO | +51.88% |
| 1,000 CNY | 42,194.09282 VELO | 20,300.4466 VELO | +51.88% |