Chinese Yuan Renminbi overview

The renminbi (Ab.: RMB; simplified Chinese: 人民币; traditional Chinese: 人民幣; pinyin: rénmínbì; literally: "people's currency"; sign: 元; code: CNY) is the official currency of the People's Republic of China. The yuan (Chinese: 元; pinyin: yuán) is the basic unit of the renminbi, but is also used to refer to the Chinese currency generally, especially in international contexts where "Chinese yuan" is widely used to refer to the renminbi. The distinction between the terms renminbi and yuan is similar to that between sterling and pound, which respectively refer to the British currency and its primary unit. One yuan is subdivided into 10 jiao (Chinese: 角; pinyin: jiǎo), and a jiao in turn is subdivided into 10 fen (Chinese: 分; pinyin: fēn). The renminbi is issued by the People's Bank of China, the monetary authority of China.Until 2005, the value of the renminbi was pegged to the US dollar. As China pursued its transition from central planning to a market economy, and increased its participation in foreign trade, the renminbi was devalued to increase the competitiveness of Chinese industry. It has previously been claimed that the renminbi's official exchange rate was undervalued by as much as 37.5% against its purchasing power parity. More recently, however, appreciation actions by the Chinese government, as well as quantitative easing measures taken by the American Federal Reserve and other major central banks, have caused the renminbi to be within as little as 8% of its equilibrium value by the second half of 2012. Since 2006, the renminbi exchange rate has been allowed to float in a narrow margin around a fixed base rate determined with reference to a basket of world currencies. The Chinese government has announced that it will gradually increase the flexibility of the exchange rate. As a result of the rapid internationalization of the renminbi, it became the world's 8th most traded currency in 2013, and 5th by 2015.On 1 October 2016, the RMB became the first emerging market currency to be included in the IMF's special drawing rights basket, the basket of currencies used by the IMF (reserve currency).

Chinese Yuan Renminbi to USD exchange rates chart

CNY to USD exchange rates chart

Chinese Yuan Renminbi exchange rates table

Exchange Chinese Yuan Renminbi Buy CNY Rate Sell CNY Rate
British Pound 8.557 0.117
Euro 7.897 0.127
Australian Dollar 4.766 0.210
Canadian Dollar 5.296 0.189
Japanese Yen 0.066 15.055
US Dollar 7.048 0.142

Chinese Yuan Renminbi news tweets

Chinese Yuan Renminbi added 1 tweet
2019-08-08 22:15:15 UTC
@BitcoinCom @rogerkver Roger would you consider to pair teadings in currencies. Like $, €, £, USDT, Canadia Dollar,… https://t.co/VTDPHVBKM1
Chinese Yuan Renminbi added 1 tweet
2019-08-10 00:16:43 UTC
RT @TaylorMooreK: The trade war between US & China entered a more dangerous phase on Monday, as Beijing allowed its currency to weake… https://t.co/QdxgGWF3dJ
Chinese Yuan Renminbi added 1 tweet
2019-08-09 13:12:46 UTC
RT @WybrenvanHaga: You really wonder why the Chinese don't just settle for a fair trade agreement with a level playing field, reciproc… https://t.co/ZbL8oKAsHK
Chinese Yuan Renminbi added 1 tweet
2019-08-09 12:50:36 UTC
RT @WybrenvanHaga: You really wonder why the Chinese don't just settle for a fair trade agreement with a level playing field, reciproc… https://t.co/ZbL8oKAsHK
Chinese Yuan Renminbi added 1 tweet
2019-08-08 17:41:55 UTC
Gold is testing the top of the up-trend channel. A breakout of the 1,538.96 key level is possible if China continue… https://t.co/ctuHhau3w9
Chinese Yuan Renminbi added 1 tweet
2019-08-10 18:05:44 UTC
@supreed Eric, you have the Chinese Yuan Renminbi covered in The Matrix?
Chinese Yuan Renminbi added 1 tweet
2019-08-10 09:47:02 UTC
@The__Oluchime @earl_trapo @General_LuMMY The official Chinese currency is called Yuan/Renminbi. Yen is the officia… https://t.co/j2YWR3p16d
Chinese Yuan Renminbi added 1 tweet
2019-08-12 13:16:09 UTC
RT @FinancialMirror: Key data to confirm economic #slowdown; #USChina #TradeWar standoff continues, #Yuan fixed @ 7.0211/$, stronger tha… https://t.co/H8HY9J5Egq
Chinese Yuan Renminbi added 1 tweet
2019-08-12 11:57:03 UTC
Key data to confirm economic #slowdown; #USChina #TradeWar standoff continues, #Yuan fixed @ 7.0211/$, stronger tha… https://t.co/H8HY9J5Egq

Chinese Yuan Renminbi news media

Chinese Yuan Renminbi added 1 medium
2019-01-20T05:35:59+01:00
Visit our showroom today Take advantage of the promo Starts at PHP 10k/month A Megaworld Township in San Fernando Pampanga Chelsea Parkplace Capital Town Pampanga Inquire now Call Clarisse Bonga +63-9954561525 Rebl 031681 Megaworld Corporation —- 今天參觀我們的展廳 利用促銷 從PHP 10k /月開始 美國一個Megaworld鄉 San Fernando Pampanga 切爾西公園 首都邦邦加 現在諮詢 打電話給Clarisse Bonga + 63-9954561525 Rebl 031681 Megaworld Corporation #ChelseaParkplace #CapitalTownPampanga #Condominium #RealEstate #Investment #Property #SanFernando #Pampanga #Pasudeco #Buy #Own #CNY #Chinese #China #ChineseYuanRenminbi #ChineseYuan #PhilippinePeso #Peso #Forex #ForeignExchange #10k #MegaworldInPampanga #Township
Chinese Yuan Renminbi added 1 medium
2018-04-20T15:58:03+02:00
Still well kept by me, remains of travelling in 2014...and will be used soon, can’t wait! It’s not much about CNY 299 and 8 cents but not bad either for buying some snacks or souvenirs... 😅😜🤩🇨🇳 #cash #money #chinesecurrency #chineseyuan #cny #chineseyuanrenminbi #traveltoinnermongolia #innermongolia #northchina #china #eastasia #traveller #travelling #instatravel #igtravel #travelphoto #traveltheworld

Chinese Yuan Renminbi news texts

China's currency is expected to fall below its own 'red line,' prompting more complaints from US
China's currency is expected to fall below its own 'red line,' prompting more complaints from US

Strategists expect China's weakening currency to eventually fall through a key psychological level that could spark an even steeper drop and no doubt draw a new round of criticism from the Trump administration.

10 months conditional negative

Chinese Yuan Renminbi currency converter

Chinese Yuan Renminbi exchange rates

54700 CNY to EUR
Girona, Kingdom of Spain.
54700 CNY to EUR
Girona, Kingdom of Spain.
26800 UAH to USD
Valencia, United States.
26800 UAH to USD
Valencia, United States.
1 GBP to THB
Camberwell, United Kingdom of Great Britain and Northern Ireland.
100 RON to EUR
Vancouver, Canada.
2500 QAR to INR
Doha, State of Qatar.
100 CHF to EUR
Kumanovo, Republic of Macedonia.
565 BRL to EUR
Barcelona, Kingdom of Spain.
565 BRL to EUR
Barcelona, Kingdom of Spain.
10160 JPY to EUR
Brasschaat, Kingdom of Belgium.
1 SYP to NGN
Berlin, Federal Republic of Germany.
1 SYP to NGN
Berlin, Federal Republic of Germany.
100 AUD to HRK
Narre Warren, Commonwealth of Australia.
100 USD to THB
Torrance, United States.
100 USD to THB
Torrance, United States.
100 USD to THB
Torrance, United States.
20 BBD to USD
George Town, Cayman Islands.
1 CAD to VND
Princeton, Canada.