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).

1 CNY to USD exchange rates chart

CNY to  exchange rates chart

Chinese Yuan Renminbi exchange rates table

Exchange Chinese Yuan Renminbi Buy CNY Rate Sell CNY Rate
British Pound 8.882 0.113
Euro 7.606 0.131
Australian Dollar 4.762 0.210
Canadian Dollar 5.025 0.199
Japanese Yen 0.060 16.598
US Dollar 6.713 0.149

Chinese Yuan Renminbi news tweets

Chinese Yuan Renminbi added 1 tweet
2019-03-18 16:47:43 UTC
@priyaakulkarni2 Why are they using #USA $100 bills in this video, instead of #Chinese Currency? Are these… https://t.co/r1FnSIrWtI
Chinese Yuan Renminbi added 1 tweet
2019-03-18 18:35:24 UTC
EUR - Euro USD - US Dollar DNR - DINAR GBP - British Pound AUD - Australian Dollar CAD - Canadian Dollar AED - Emir… https://t.co/hOSvQURIGK
Chinese Yuan Renminbi added 1 tweet
2019-03-15 09:21:36 UTC
Ghana's economy also has ties with the Chinese yuan (renminbi) along with Ghana's vast gold reserves. Real estate i… https://t.co/NazonMJJc4
Chinese Yuan Renminbi added 1 tweet
2019-03-12 04:25:40 UTC
It is not just developed currencies that the Thai Baht has outpaced in the last 10 years. The $BHT is up almost 70… https://t.co/uxgHouXnUg
Chinese Yuan Renminbi added 1 tweet
2019-02-26 08:45:01 UTC
#ForexNews 📜 "The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 179 basis points… https://t.co/gF55p3SvNs
Chinese Yuan Renminbi added 1 tweet
2019-02-28 09:45:01 UTC
#ForexNews 📜 "The central parity rate of the Chinese currency renminbi, or the yuan, weakened 44 basis points to 6… https://t.co/b3I4XcTr17
Chinese Yuan Renminbi added 1 tweet
2019-02-25 09:00:12 UTC
#ForexNews 🔖 $CNYUSD "The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 20 basis… https://t.co/D9hRa3vUJj
Chinese Yuan Renminbi added 1 tweet
2019-02-21 21:07:14 UTC
@juliemason Please ask your guest when do you use Yuan versus Renminbi for the Chinese currency? #inquiringmindswanttoknow
Chinese Yuan Renminbi added 1 tweet
2019-02-22 17:16:30 UTC
also, i wrote about the irony of asking for more Chinese state intervention here: https://t.co/BgRSd0CIRH

Chinese Yuan Renminbi news media

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 added 1 medium
2015-03-21T03:56:58+01:00
GREAT NEWS!! For my International Dolls ✌️We added a currency converter for 5 International Countries. Rates convert to USD but at least you can see pricing you are used to!💃Try clicking on our drop down! #alwaysworking #100percenthollywood #shop100percenthollywood #shop100percenthollywoodcom #eyeware #eyewear #custom #glasses #swarovski #sunglasses #frames #newsunglasses #style #instastyle #instafashion #instahollywood #trendy #hollywood #BritishPounds #Euro #AustralianDollar #CanadianDollar #ChineseYuanRenminbi #JapaneseYen #GBP #EUR #AUD #CNY #JPY#CAD
Chinese Yuan Renminbi added 1 medium
2015-06-11T12:39:54+02:00
Shut up and take my money! haha lol! #mycollection #moreplease #philippinepeso #USdollar #europeaneuro #singaporedollar #malysianringgit #indonesianrupiah #saudiriyal #iranianrial #vietnamesedong #thaibaht #brazilianreal #slovenianeuro #polishzloty #mexicanpeso #swissfranc #norwegiankrone #turkishlira #bosniaandherzegovinaconvertiblemark #australiandollar #britishpound #romanianleu #canadiandollar #chineseyuanrenminbi #peruviannuevosol #maldivianrufiyaa #zhongguorenminyinhang #macanesepataca #kuwaitidinar
Chinese Yuan Renminbi added 1 medium
2015-10-14T14:54:38+02:00
#banknote#papercurrency#currencynote#100yuan#onehundredyuan#chinacurrency#chinayuan#chinamoney#note_senyeow#senyeow2015
Chinese Yuan Renminbi added 1 medium
2015-10-14T15:50:34+02:00
#banknote#currencynote#papercurrency#chinanote#chinayuan#chineseyuan#chineseyuanrenminbi #renminbi #100yuan#100renminbi #onehundredyuan#note_senyeow#senyeow2015
Chinese Yuan Renminbi added 1 medium
2016-04-05T05:20:55+02:00
Newest addition.. #china #chineseyuanrenminbi
Chinese Yuan Renminbi added 1 medium
2016-05-03T13:11:19+02:00
#renminbi with illustration figure of #ethnicminorities in #china #yiyuan #instacurrency #lookoftheday #chinacurrency #yuan #kurs #uangasing #valutaasing #chineseyuanrenminbi #peoplerepublicofchina #potd #followme #likeforlike
Chinese Yuan Renminbi added 1 medium
2016-05-03T13:17:16+02:00
#maozedong on #renminbi . He is founder of the #peoplerepublicofchina and was the first president of #china #chineseyuanrenminbi #5rmb #zhongguo #yinhang #bankofchina #likes #instacurrency #yuan #maotsetung #valutaasing #uangchina

Chinese Yuan Renminbi news videos

Learn how CNH & CNY relate to each other. And what about the HKD! A quick primer on the Chinese currency system!
Looking through yuan for good serial numbers and errors. ▽ More links below ▽ This is an affiliate link TO BUY CHINESE ...
The Chinese yuan has overtaken the euro to become the second most used currency in the global market place. Last year its ...
China is home to the world's second largest economy. But as time goes by the question remains: what will it take for the Yuan to ...
Could China's yuan rival the US dollar as the next major reserve currency? The IMF has made the Chinese yuan, or renminbi, the ...
Chinese Money Explained - Chinese Paper Money & Coins | Learn Chinese Money Vocabulary Chinese currency is Renminbi.
The various denominations of the renminbi, China's currency, is shown with explanations of the illustrations on the front and back ...
Josh Sigurdson talks with author and economic analyst John Sneisen about the most recent Yuan crisis as we seen signs that the ...

Chinese Yuan Renminbi news texts

Yi vows never to use renminbi for leverage in trade - Taipei Times

China has gone to great lengths to support its currency and would not devalue the yuan to spur exports or combat trade frictions, People’s Bank of China (PBOC) Governor Yi Gang (易綱) said yesterday.

10 days conditional positive

CNY currency converter

CNY exchange rates

100 KWD to INR
Kuwait City, State of Kuwait.
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