Chinese Yuan Renminbi

The Chinese Yuan Renminbi is the currency of China (CN)
1 CNY = 0.212 AUD
1 AUD = 4.707 CNY
1 CNY = 116.797 ARS
1 ARS = 0.009 CNY
1 CNY = 398.049 BIF
1 BIF = 0.003 CNY
1 CNY = 0.052 BHD
1 BHD = 19.101 CNY
1 CNY = 0.960 BOB
1 BOB = 1.042 CNY
1 CNY = 0.236 AZN
1 AZN = 4.234 CNY
1 CNY = 11.513 BTN
1 BTN = 0.087 CNY
1 CNY = 71.399 CRC
1 CRC = 0.014 CNY
1 CNY = 3.251 CZK
1 CZK = 0.308 CNY
1 CNY = 1.000 CNY
1 CNY = 1.000 CNY
1 CNY = 0.954 DKK
1 DKK = 1.048 CNY
1 CNY = 7.879 ETB
1 ETB = 0.127 CNY
1 CNY = 1194.148 GNF
1 GNF = 0.001 CNY
1 CNY = 0.965 HRK
1 HRK = 1.037 CNY
1 CNY = 2171.557 IDR
1 IDR = 0.000 CNY
1 CNY = 21.739 JMD
1 JMD = 0.046 CNY
1 CNY = 12.425 KGS
1 KGS = 0.080 CNY
1 CNY = 0.250 BAM
1 BAM = 3.994 CNY
1 CNY = 0.250 ANG
1 ANG = 3.994 CNY
1 CNY = 1.916 BWP
1 BWP = 0.522 CNY
1 CNY = 0.187 BND
1 BND = 5.356 CNY
1 CNY = 383.461 CDF
1 CDF = 0.003 CNY
1 CNY = 0.280 BZD
1 BZD = 3.571 CNY
1 CNY = 4543.848 BYR
1 BYR = 0.000 CNY
1 CNY = 0.250 BGN
1 BGN = 3.993 CNY
1 CNY = 0.188 CAD
1 CAD = 5.326 CNY
1 CNY = 18.673 DZD
1 DZD = 0.054 CNY
1 CNY = 2.084 ERN
1 ERN = 0.480 CNY
1 CNY = 4.299 EGP
1 EGP = 0.233 CNY
1 CNY = 0.314 FJD
1 FJD = 3.185 CNY
1 CNY = 0.110 GBP
1 GBP = 9.129 CNY
1 CNY = 0.110 FKP
1 FKP = 9.129 CNY
1 CNY = 1.086 GTQ
1 GTQ = 0.921 CNY
1 CNY = 1.087 HKD
1 HKD = 0.920 CNY
1 CNY = 49.887 HUF
1 HUF = 0.020 CNY
1 CNY = 181.969 IQD
1 IQD = 0.005 CNY
1 CNY = 5839.446 IRR
1 IRR = 0.000 CNY
1 CNY = 63.132 KMF
1 KMF = 0.016 CNY
1 CNY = 185.135 KRW
1 KRW = 0.005 CNY
1 CNY = 13.297 ALL
1 ALL = 0.075 CNY
1 CNY = 15.245 BDT
1 BDT = 0.066 CNY
1 CNY = 0.250 AWG
1 AWG = 3.993 CNY
1 CNY = 0.692 BRL
1 BRL = 1.445 CNY
1 CNY = 0.001 BCH
1 BCH = 1952.156 CNY
1 CNY = 0.000 BTC
1 BTC = 378821.053 CNY
1 CNY = 0.510 AED
1 AED = 1.960 CNY
1 CNY = 115.109 AOA
1 AOA = 0.009 CNY
1 CNY = 0.139 BSD
1 BSD = 7.198 CNY
1 CNY = 137.205 CLP
1 CLP = 0.007 CNY
1 CNY = 0.455 BYN
1 BYN = 2.200 CNY
1 CNY = 550.921 COP
1 COP = 0.002 CNY
1 CNY = 3.578 CUP
1 CUP = 0.280 CNY
1 CNY = 0.000 ETH
1 ETH = 22705.363 CNY
1 CNY = 0.128 EUR
1 EUR = 7.810 CNY
1 CNY = 3.430 HNL
1 HNL = 0.292 CNY
1 CNY = 9.423 GMD
1 GMD = 0.106 CNY
1 CNY = 0.110 GIP
1 GIP = 9.129 CNY
1 CNY = 18.439 HTG
1 HTG = 0.054 CNY
1 CNY = 0.099 JOD
1 JOD = 10.150 CNY
1 CNY = 20.944 JPY
1 JPY = 0.048 CNY
1 CNY = 10.073 AFN
1 AFN = 0.099 CNY
1 CNY = 0.278 BBD
1 BBD = 3.599 CNY
1 CNY = 0.139 BMD
1 BMD = 7.198 CNY
1 CNY = 56.462 AMD
1 AMD = 0.018 CNY
1 CNY = 0.122 CHF
1 CHF = 8.174 CNY
1 CNY = 24.661 DJF
1 DJF = 0.041 CNY
1 CNY = 8.173 DOP
1 DOP = 0.122 CNY
1 CNY = 14.171 CVE
1 CVE = 0.071 CNY
1 CNY = 0.368 GEL
1 GEL = 2.716 CNY
1 CNY = 1.744 GHS
1 GHS = 0.574 CNY
1 CNY = 29.061 GYD
1 GYD = 0.034 CNY
1 CNY = 0.506 ILS
1 ILS = 1.976 CNY
1 CNY = 11.514 INR
1 INR = 0.087 CNY
1 CNY = 19.168 ISK
1 ISK = 0.052 CNY
1 CNY = 566.578 KHR
1 KHR = 0.002 CNY
1 CNY = 20.354 KES
1 KES = 0.049 CNY
1 CNY = 0.043 KWD
1 KWD = 23.389 CNY
1 CNY = 62.247 KZT
1 KZT = 0.016 CNY
1 CNY = 43.188 LKR
1 LKR = 0.023 CNY
1 CNY = 1.397 MAD
1 MAD = 0.716 CNY
1 CNY = 291.706 MMK
1 MMK = 0.003 CNY
1 CNY = 479.326 MNT
1 MNT = 0.002 CNY
1 CNY = 6.349 MUR
1 MUR = 0.157 CNY
1 CNY = 55.439 MRO
1 MRO = 0.018 CNY
1 CNY = 2.140 MVR
1 MVR = 0.467 CNY
1 CNY = 233.832 MWK
1 MWK = 0.004 CNY
1 CNY = 0.225 NZD
1 NZD = 4.442 CNY
1 CNY = 18.420 NPR
1 NPR = 0.054 CNY
1 CNY = 7.790 PHP
1 PHP = 0.128 CNY
1 CNY = 38.789 PKR
1 PKR = 0.026 CNY
1 CNY = 180.228 RWF
1 RWF = 0.006 CNY
1 CNY = 0.002 LTC
1 LTC = 513.308 CNY
1 CNY = 2.380 MXN
1 MXN = 0.420 CNY
1 CNY = 5.112 NIO
1 NIO = 0.196 CNY
1 CNY = 0.637 RON
1 RON = 1.571 CNY
1 CNY = 125.042 KPW
1 KPW = 0.008 CNY
1 CNY = 0.116 KYD
1 KYD = 8.638 CNY
1 CNY = 12412.763 LBP
1 LBP = 0.000 CNY
1 CNY = 0.672 LYD
1 LYD = 1.489 CNY
1 CNY = 2899.077 LAK
1 LAK = 0.000 CNY
1 CNY = 629.640 MGA
1 MGA = 0.002 CNY
1 CNY = 26.488 LRD
1 LRD = 0.038 CNY
1 CNY = 7.890 MKD
1 MKD = 0.127 CNY
1 CNY = 2.680 LSL
1 LSL = 0.373 CNY
1 CNY = 1.119 MOP
1 MOP = 0.894 CNY
1 CNY = 2.473 MDL
1 MDL = 0.404 CNY
1 CNY = 2.680 NAD
1 NAD = 0.373 CNY
1 CNY = 0.664 MYR
1 MYR = 1.507 CNY
1 CNY = 0.053 OMR
1 OMR = 18.698 CNY
1 CNY = 216.963 NGN
1 NGN = 0.005 CNY
1 CNY = 0.522 PGK
1 PGK = 1.914 CNY
1 CNY = 0.139 PAB
1 PAB = 7.198 CNY
1 CNY = 0.528 PEN
1 PEN = 1.895 CNY
1 CNY = 1.461 NOK
1 NOK = 0.684 CNY
1 CNY = 0.552 PLN
1 PLN = 1.812 CNY
1 CNY = 1010.831 PYG
1 PYG = 0.001 CNY
1 CNY = 0.507 QAR
1 QAR = 1.972 CNY
1 CNY = 1.181 SBD
1 SBD = 0.847 CNY
1 CNY = 0.521 SAR
1 SAR = 1.919 CNY
1 CNY = 0.187 SGD
1 SGD = 5.353 CNY
1 CNY = 2913.402 SLL
1 SLL = 0.000 CNY
1 CNY = 4.991 THB
1 THB = 0.200 CNY
1 CNY = 4.385 TWD
1 TWD = 0.228 CNY
1 CNY = 5.335 UAH
1 UAH = 0.187 CNY
1 CNY = 548.876 UGX
1 UGX = 0.002 CNY
1 CNY = 4.909 SRD
1 SRD = 0.204 CNY
1 CNY = 3095.726 STD
1 STD = 0.000 CNY
1 CNY = 4.325 TRY
1 TRY = 0.231 CNY
1 CNY = 0.944 TTD
1 TTD = 1.059 CNY
1 CNY = 0.326 TOP
1 TOP = 3.064 CNY
1 CNY = 1734.967 UZS
1 UZS = 0.001 CNY
1 CNY = 34.782 YER
1 YER = 0.029 CNY
1 CNY = 2.684 ZAR
1 ZAR = 0.373 CNY
1 CNY = 15.006 RSD
1 RSD = 0.067 CNY
1 CNY = 12.829 RUB
1 RUB = 0.078 CNY
1 CNY = 79.386 SOS
1 SOS = 0.013 CNY
1 CNY = 1.215 SVC
1 SVC = 0.823 CNY
1 CNY = 349.079 SYP
1 SYP = 0.003 CNY
1 CNY = 2.679 SZL
1 SZL = 0.373 CNY
1 CNY = 0.433 TND
1 TND = 2.309 CNY
1 CNY = 5.430 UYU
1 UYU = 0.184 CNY
1 CNY = 3427.531 VND
1 VND = 0.000 CNY
1 CNY = 16.494 VUV
1 VUV = 0.061 CNY
1 CNY = 0.389 WST
1 WST = 2.571 CNY
1 CNY = 83.989 XAF
1 XAF = 0.012 CNY
1 CNY = 0.375 XCD
1 XCD = 2.663 CNY
1 CNY = 1.887 SCR
1 SCR = 0.530 CNY
1 CNY = 1.430 SEK
1 SEK = 0.699 CNY
1 CNY = 0.110 SHP
1 SHP = 9.129 CNY
1 CNY = 354.226 TZS
1 TZS = 0.003 CNY
1 CNY = 0.139 USD
1 USD = 7.198 CNY
1 CNY = 15.279 XPF
1 XPF = 0.065 CNY
1 CNY = 83.989 XOF
1 XOF = 0.012 CNY

Evolution of the CNY Exchange Rate

The Chinese Yuan Renminbi (CNY) exchange rate has undergone significant changes over the years. In the early 1990s, the CNY was pegged to the US dollar at a fixed rate to stabilize the currency and promote China's exports. However, in 2005, China implemented a managed floating exchange rate system, allowing the CNY to fluctuate within a narrow band against a basket of currencies. This move was aimed at liberalizing the currency and reducing external pressures on China's trade balance.Since then, the CNY has experienced gradual appreciation against the US dollar and other major currencies. The Chinese government has been actively seeking to internationalize the CNY, encouraging its use in trade settlements and promoting offshore trading centers. This evolution reflects China's efforts to increase its economic influence and reduce its dependency on the US dollar.

Variations in the CNY Exchange Rate

The CNY exchange rate has not been a free-floating currency, as the Chinese government maintains a degree of control over its value. However, it has become more flexible over time, responding to market forces to a certain extent. The exchange rate is influenced by factors such as China's trade balance, economic growth, inflation rate, and government interventions.The exchange rate's variations have been influenced by external factors as well. For example, trade tensions between China and the United States have led to fluctuations in the CNY exchange rate. Additionally, global economic events and financial market movements can impact the value of the CNY.

Significance of CNY in the Global Economy

The increasing importance of the CNY is evident in its growing role in international trade and finance. As the world's second-largest economy, China has become a major trading partner for many countries. The use of the CNY in trade settlements reduces the dependency on the US dollar and enhances financial stability. Moreover, China's Belt and Road Initiative has led to increased acceptance of the CNY in countries participating in infrastructure projects, strengthening its global significance.

Shocks Experienced by CNY and Correlation with Other Currencies

The CNY has experienced shocks and volatility at times. For instance, the COVID-19 pandemic caused disruptions in global trade and financial markets, leading to fluctuations in the CNY exchange rate. Additionally, geopolitical tensions, such as the trade war between the US and China, have influenced the currency's value.The correlation between the CNY and other currencies varies depending on the factors driving their exchange rates. The CNY has shown a positive correlation with currencies of countries highly dependent on Chinese exports. On the other hand, it may have a negative correlation with safe-haven currencies like the US dollar during times of market turbulence.Overall, the CNY exchange rate plays a crucial role in global economic dynamics, reflecting China's increasing economic influence and its efforts to reshape the international monetary system.