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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 YETI
YETI price conversion tables
Chinese Yuan Renminbi | |
|---|---|
1 | 0.0001307 |
2 | 0.0002615 |
3 | 0.0003923 |
5 | 0.0006539 |
10 | 0.001307 |
25 | 0.003269 |
50 | 0.006539 |
100 | 0.01307 |
1,000 | 0.1307 |
Chinese Yuan Renminbi | |
|---|---|
1 | 7,645.6904 |
5 | 38,228.4522 |
10 | 76,456.9044 |
20 | 152,913.8089 |
50 | 382,284.5223 |
100 | 764,569.04473 |
200 | 1,529,138.08946 |
500 | 3,822,845.2236 |
1,000 | 7,645,690.4473 |
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Chinese Yuan Renminbi to YETI performance history
Today vs. 24 hours ago
CNY (Chinese Yuan Renminbi) | Today at 8:34 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 CNY | 7,651.1094 YETI | 7,513.148 YETI | +1.80% |
| 5 CNY | 38,255.547 YETI | 37,565.74 YETI | +1.80% |
| 10 CNY | 76,511.0941 YETI | 75,131.48 YETI | +1.80% |
| 50 CNY | 382,555.4705 YETI | 375,657.4004 YETI | +1.80% |
| 100 CNY | 765,110.941 YETI | 751,314.8009 YETI | +1.80% |
| 1,000 CNY | 7,651,109.4108 YETI | 7,513,148.009015 YETI | +1.80% |
Today vs. 30 Days ago
CNY (Chinese Yuan Renminbi) | Today at 8:34 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 CNY | 7,651.1094 YETI | 5,246.5897 YETI | +31.42% |
| 5 CNY | 38,255.547 YETI | 26,232.9485 YETI | +31.42% |
| 10 CNY | 76,511.0941 YETI | 52,465.8971 YETI | +31.42% |
| 50 CNY | 382,555.4705 YETI | 262,329.4858 YETI | +31.42% |
| 100 CNY | 765,110.941 YETI | 524,658.9716 YETI | +31.42% |
| 1,000 CNY | 7,651,109.4108 YETI | 5,246,589.7166 YETI | +31.42% |
Today vs. 1 Year ago
CNY (Chinese Yuan Renminbi) | Today at 8:34 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 CNY | 7,651.1094 YETI | 1,723.8407 YETI | +77.46% |
| 5 CNY | 38,255.547 YETI | 8,619.2035 YETI | +77.46% |
| 10 CNY | 76,511.0941 YETI | 17,238.4071 YETI | +77.46% |
| 50 CNY | 382,555.4705 YETI | 86,192.03585 YETI | +77.46% |
| 100 CNY | 765,110.941 YETI | 172,384.07171 YETI | +77.46% |
| 1,000 CNY | 7,651,109.4108 YETI | 1,723,840.7171 YETI | +77.46% |