Chinese Yuan Renminbi

The Chinese Yuan Renminbi is the currency of China (CN)
1 CNY = 0.211 AUD
1 AUD = 4.736 CNY
1 CNY = 118.191 ARS
1 ARS = 0.008 CNY
1 CNY = 398.167 BIF
1 BIF = 0.003 CNY
1 CNY = 0.052 BHD
1 BHD = 19.049 CNY
1 CNY = 0.962 BOB
1 BOB = 1.039 CNY
1 CNY = 0.237 AZN
1 AZN = 4.223 CNY
1 CNY = 11.526 BTN
1 BTN = 0.087 CNY
1 CNY = 71.228 CRC
1 CRC = 0.014 CNY
1 CNY = 3.228 CZK
1 CZK = 0.310 CNY
1 CNY = 1.000 CNY
1 CNY = 1.000 CNY
1 CNY = 0.952 DKK
1 DKK = 1.051 CNY
1 CNY = 7.905 ETB
1 ETB = 0.126 CNY
1 CNY = 1196.830 GNF
1 GNF = 0.001 CNY
1 CNY = 0.962 HRK
1 HRK = 1.040 CNY
1 CNY = 2164.529 IDR
1 IDR = 0.000 CNY
1 CNY = 21.613 JMD
1 JMD = 0.046 CNY
1 CNY = 12.456 KGS
1 KGS = 0.080 CNY
1 CNY = 0.249 BAM
1 BAM = 4.015 CNY
1 CNY = 0.251 ANG
1 ANG = 3.985 CNY
1 CNY = 1.890 BWP
1 BWP = 0.529 CNY
1 CNY = 0.185 BND
1 BND = 5.396 CNY
1 CNY = 386.404 CDF
1 CDF = 0.003 CNY
1 CNY = 0.281 BZD
1 BZD = 3.563 CNY
1 CNY = 4547.334 BYR
1 BYR = 0.000 CNY
1 CNY = 0.249 BGN
1 BGN = 4.013 CNY
1 CNY = 0.188 CAD
1 CAD = 5.315 CNY
1 CNY = 18.726 DZD
1 DZD = 0.053 CNY
1 CNY = 2.089 ERN
1 ERN = 0.479 CNY
1 CNY = 6.797 EGP
1 EGP = 0.147 CNY
1 CNY = 0.311 FJD
1 FJD = 3.216 CNY
1 CNY = 0.109 GBP
1 GBP = 9.162 CNY
1 CNY = 0.109 FKP
1 FKP = 9.162 CNY
1 CNY = 1.087 GTQ
1 GTQ = 0.920 CNY
1 CNY = 1.090 HKD
1 HKD = 0.918 CNY
1 CNY = 50.873 HUF
1 HUF = 0.020 CNY
1 CNY = 182.406 IQD
1 IQD = 0.005 CNY
1 CNY = 5854.887 IRR
1 IRR = 0.000 CNY
1 CNY = 62.752 KMF
1 KMF = 0.016 CNY
1 CNY = 182.831 KRW
1 KRW = 0.005 CNY
1 CNY = 13.239 ALL
1 ALL = 0.076 CNY
1 CNY = 15.282 BDT
1 BDT = 0.065 CNY
1 CNY = 0.251 AWG
1 AWG = 3.989 CNY
1 CNY = 0.694 BRL
1 BRL = 1.441 CNY
1 CNY = 0.000 BCH
1 BCH = 3070.958 CNY
1 CNY = 0.000 BTC
1 BTC = 512850.000 CNY
1 CNY = 0.512 AED
1 AED = 1.955 CNY
1 CNY = 116.167 AOA
1 AOA = 0.009 CNY
1 CNY = 0.139 BSD
1 BSD = 7.180 CNY
1 CNY = 134.216 CLP
1 CLP = 0.007 CNY
1 CNY = 0.456 BYN
1 BYN = 2.195 CNY
1 CNY = 544.946 COP
1 COP = 0.002 CNY
1 CNY = 3.586 CUP
1 CUP = 0.279 CNY
1 CNY = 0.000 ETH
1 ETH = 28834.940 CNY
1 CNY = 0.128 EUR
1 EUR = 7.834 CNY
1 CNY = 3.439 HNL
1 HNL = 0.291 CNY
1 CNY = 9.467 GMD
1 GMD = 0.106 CNY
1 CNY = 0.109 GIP
1 GIP = 9.162 CNY
1 CNY = 18.461 HTG
1 HTG = 0.054 CNY
1 CNY = 0.099 JOD
1 JOD = 10.128 CNY
1 CNY = 20.585 JPY
1 JPY = 0.049 CNY
1 CNY = 9.878 AFN
1 AFN = 0.101 CNY
1 CNY = 0.279 BBD
1 BBD = 3.590 CNY
1 CNY = 0.139 BMD
1 BMD = 7.180 CNY
1 CNY = 56.086 AMD
1 AMD = 0.018 CNY
1 CNY = 0.122 CHF
1 CHF = 8.170 CNY
1 CNY = 24.796 DJF
1 DJF = 0.040 CNY
1 CNY = 8.230 DOP
1 DOP = 0.122 CNY
1 CNY = 14.042 CVE
1 CVE = 0.071 CNY
1 CNY = 0.370 GEL
1 GEL = 2.704 CNY
1 CNY = 1.785 GHS
1 GHS = 0.560 CNY
1 CNY = 29.162 GYD
1 GYD = 0.034 CNY
1 CNY = 0.510 ILS
1 ILS = 1.962 CNY
1 CNY = 11.530 INR
1 INR = 0.087 CNY
1 CNY = 18.982 ISK
1 ISK = 0.053 CNY
1 CNY = 563.915 KHR
1 KHR = 0.002 CNY
1 CNY = 19.360 KES
1 KES = 0.052 CNY
1 CNY = 0.043 KWD
1 KWD = 23.373 CNY
1 CNY = 62.487 KZT
1 KZT = 0.016 CNY
1 CNY = 42.772 LKR
1 LKR = 0.023 CNY
1 CNY = 1.398 MAD
1 MAD = 0.716 CNY
1 CNY = 292.415 MMK
1 MMK = 0.003 CNY
1 CNY = 480.508 MNT
1 MNT = 0.002 CNY
1 CNY = 6.378 MUR
1 MUR = 0.157 CNY
1 CNY = 55.367 MRO
1 MRO = 0.018 CNY
1 CNY = 2.145 MVR
1 MVR = 0.466 CNY
1 CNY = 234.388 MWK
1 MWK = 0.004 CNY
1 CNY = 0.227 NZD
1 NZD = 4.413 CNY
1 CNY = 18.442 NPR
1 NPR = 0.054 CNY
1 CNY = 7.718 PHP
1 PHP = 0.130 CNY
1 CNY = 38.870 PKR
1 PKR = 0.026 CNY
1 CNY = 178.714 RWF
1 RWF = 0.006 CNY
1 CNY = 0.001 LTC
1 LTC = 696.942 CNY
1 CNY = 2.345 MXN
1 MXN = 0.426 CNY
1 CNY = 5.125 NIO
1 NIO = 0.195 CNY
1 CNY = 0.634 RON
1 RON = 1.577 CNY
1 CNY = 125.350 KPW
1 KPW = 0.008 CNY
1 CNY = 0.116 KYD
1 KYD = 8.617 CNY
1 CNY = 12469.101 LBP
1 LBP = 0.000 CNY
1 CNY = 0.669 LYD
1 LYD = 1.494 CNY
1 CNY = 2905.974 LAK
1 LAK = 0.000 CNY
1 CNY = 626.705 MGA
1 MGA = 0.002 CNY
1 CNY = 26.686 LRD
1 LRD = 0.037 CNY
1 CNY = 7.865 MKD
1 MKD = 0.127 CNY
1 CNY = 2.587 LSL
1 LSL = 0.387 CNY
1 CNY = 1.122 MOP
1 MOP = 0.891 CNY
1 CNY = 2.444 MDL
1 MDL = 0.409 CNY
1 CNY = 2.587 NAD
1 NAD = 0.387 CNY
1 CNY = 0.651 MYR
1 MYR = 1.535 CNY
1 CNY = 0.054 OMR
1 OMR = 18.651 CNY
1 CNY = 219.389 NGN
1 NGN = 0.005 CNY
1 CNY = 0.532 PGK
1 PGK = 1.880 CNY
1 CNY = 0.139 PAB
1 PAB = 7.180 CNY
1 CNY = 0.514 PEN
1 PEN = 1.946 CNY
1 CNY = 1.465 NOK
1 NOK = 0.683 CNY
1 CNY = 0.547 PLN
1 PLN = 1.827 CNY
1 CNY = 1015.123 PYG
1 PYG = 0.001 CNY
1 CNY = 0.508 QAR
1 QAR = 1.969 CNY
1 CNY = 1.175 SBD
1 SBD = 0.851 CNY
1 CNY = 0.522 SAR
1 SAR = 1.914 CNY
1 CNY = 0.186 SGD
1 SGD = 5.387 CNY
1 CNY = 2920.584 SLL
1 SLL = 0.000 CNY
1 CNY = 4.977 THB
1 THB = 0.201 CNY
1 CNY = 4.383 TWD
1 TWD = 0.228 CNY
1 CNY = 5.361 UAH
1 UAH = 0.187 CNY
1 CNY = 544.169 UGX
1 UGX = 0.002 CNY
1 CNY = 4.925 SRD
1 SRD = 0.203 CNY
1 CNY = 3103.358 STD
1 STD = 0.000 CNY
1 CNY = 4.464 TRY
1 TRY = 0.224 CNY
1 CNY = 0.946 TTD
1 TTD = 1.057 CNY
1 CNY = 0.329 TOP
1 TOP = 3.041 CNY
1 CNY = 1745.247 UZS
1 UZS = 0.001 CNY
1 CNY = 34.861 YER
1 YER = 0.029 CNY
1 CNY = 2.607 ZAR
1 ZAR = 0.384 CNY
1 CNY = 14.963 RSD
1 RSD = 0.067 CNY
1 CNY = 12.719 RUB
1 RUB = 0.079 CNY
1 CNY = 79.582 SOS
1 SOS = 0.013 CNY
1 CNY = 1.218 SVC
1 SVC = 0.821 CNY
1 CNY = 349.939 SYP
1 SYP = 0.003 CNY
1 CNY = 2.586 SZL
1 SZL = 0.387 CNY
1 CNY = 0.431 TND
1 TND = 2.319 CNY
1 CNY = 5.408 UYU
1 UYU = 0.185 CNY
1 CNY = 3433.446 VND
1 VND = 0.000 CNY
1 CNY = 16.535 VUV
1 VUV = 0.060 CNY
1 CNY = 0.390 WST
1 WST = 2.564 CNY
1 CNY = 83.731 XAF
1 XAF = 0.012 CNY
1 CNY = 0.376 XCD
1 XCD = 2.657 CNY
1 CNY = 1.871 SCR
1 SCR = 0.535 CNY
1 CNY = 1.428 SEK
1 SEK = 0.700 CNY
1 CNY = 0.109 SHP
1 SHP = 9.162 CNY
1 CNY = 355.070 TZS
1 TZS = 0.003 CNY
1 CNY = 0.139 USD
1 USD = 7.180 CNY
1 CNY = 15.233 XPF
1 XPF = 0.066 CNY
1 CNY = 83.731 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.