Chinese Yuan Renminbi

Chinese Yuan Renminbi

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).

Saudi Arabian Riyal

Saudi Arabian Riyal

The Saudi riyal (Arabic: ريال‎ riyāl); is the currency of Saudi Arabia. It is abbreviated as ر.س or SR (Saudi riyal). It is subdivided into 100 halalas (Arabic: هللة‎ Halalah).

1 Chinese Yuan Renminbi to Saudi Arabian Riyal exchange rates chart

1 CNY to SAR exchange rates graph
1 CNY to SAR exchange rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

1 CNY to SAR exchange rates FAQs

What is 1 CNY to SAR?

The meaning of 1 CNY to SAR is to exchange 1 Chinese Yuan Renminbi to Saudi Arabian Riyal by applying the latest currency rate on the market. The actual exchange rates you can get vary between different bureau de changes. Forex.gg is offering inter-market exchange rates to convert 1 CNY to SAR on the chart below.

Who can exchange 1 CNY to SAR?

Anyone with 1 Chinese Yuan Renminbi can find a local bank or a bureau de change to convert into Chinese Yuan Renminbi. However, if neither CNY nor SAR is the local currency. It might be quite difficult to find a local broker to faciliate the exchange. That's why Forex.gg is offering details about local forex brokers to save the time of searching around for the right broker.

When to exchange 1 CNY to SAR?

Due to the nature of the forex market, the exchange rates for 1 CNY to SAR is changing all the time in New York between 01:00 pm – 10:00 pm GMT; at 10:00 pm GMT Sydney comes online; Tokyo opens at 00:00 am and closes at 9:00 am GMT; and to complete the loop, London opens at 8:00 am and closes at 05:00 pm GMT. So the currency rate you see in this page may change any minute. It's better to lock in the exchange rates with your local broker so that you won't be affected for any future rate changes.

Why do I want to convert 1 CNY to SAR?

Most likely you are traveling and want to get some Saudi Arabian Riyal cash. Or you've just came back from a recent trip or received cash transfer from overseas. There are many reasons to convert 1 Chinese Yuan Renminbi to Saudi Arabian Riyal. And we believe you should be getting the best exchange rate available on the market to exchange the currency.

Where to convert 1 CNY to SAR?

Usually you can find a local bank, post office or bureau de change to exchange 1 CNY to SAR. But you will soon find out that the exchange rates you can find at all thoses places vary by a lot. It's better to be prepared before hand and do your research about the local forex brokers. That's the exact reason why Forex.gg is doing the homework for you to find the best local bureau de change to avoid being ripped off. All you need to do is input the amount of Saudi Arabian Riyal you wnat to buy or sell and we will show you where to find the best rate. No forex exchange commissions or fees required!

How to exchange 1 CNY to SAR?

Use the tool we provided here to find the best exchange rates for 1 Chinese Yuan Renminbi to Saudi Arabian Riyal. Lock in the rate by contacting the broker directly by phone or message. And go to the branch with 1 CNY in hand and exchange the cash you want in store or online. It's just that simple with no fees or commissions from Forex.gg!

1 CNY to SAR exchange rates table

Exchange CNY to SAR
1 Chinese Yuan Renminbi = 0.559 Saudi Arabian Riyal
2 Chinese Yuan Renminbi = 1.117 Saudi Arabian Riyal
5 Chinese Yuan Renminbi = 2.793 Saudi Arabian Riyal
10 Chinese Yuan Renminbi = 5.586 Saudi Arabian Riyal
Exchange Chinese Yuan Renminbi to Saudi Arabian Riyal
1 Chinese Yuan Renminbi to Saudi Arabian Riyal Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

Best CNY/SAR exchange rate at Bank of China in Shanghai

1 CNY to SAR exchange rates at Bank of China in Shanghai
1 Chinese Yuan Renminbi = 0.546 Saudi Arabian Riyal
Bank of China
Bank of China

Bank of China was formally established in February 1912 following the approval of Dr. Sun Yat-sen. From 1912 to 1949, the Bank served consecutively as the country’s central bank, international exchange bank and specialised international trade bank. Fulfilling its commitment to serving the public and developing China’s financial services sector, the Bank rose to a leading position in the Chinese financial industry and developed a good standing in the international financial community, despite...

1 CNY to SAR news tweets

1 CNY to SAR 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
1 CNY to SAR 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
1 CNY to SAR 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
1 CNY to SAR 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
1 CNY to SAR 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
1 CNY to SAR added 1 tweet
2019-03-19 05:40:36 UTC
@fahmi1223ts Sebagai informasi tambahan, untuk TT Buy dan TT sell mata uang SAR (Saudi Arabian Riyal) berada dikisa… https://t.co/KBrx5aIuYA
1 CNY to SAR 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
1 CNY to SAR added 1 tweet
2019-03-07 11:04:14 UTC
@boysnightout899 I am tweeting using an Nokia 7plus...It just retials for about 600 Saudi Arabian Riyal...which i… https://t.co/eoxAJxDMbF
1 CNY to SAR added 1 tweet
2019-03-07 11:19:13 UTC
RT @Nexus7SMPC: @boysnightout899 I am tweeting using an Nokia 7plus...It just retials for about 600 Saudi Arabian Riyal...which i… https://t.co/eoxAJxDMbF
1 CNY to SAR added 1 tweet
2019-03-06 05:46:55 UTC
*_#Financial Indicators_* 🚨 *#Wednesday / #March06 / #6am* *US Dollar - R 14.19* *Euro - R 16.03* *British Pou… https://t.co/VcZ3j1NvoA

1 CNY to SAR news media

1 CNY to SAR 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
1 CNY to SAR 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
1 CNY to SAR 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
1 CNY to SAR added 1 medium
2015-10-14T14:54:38+02:00
#banknote#papercurrency#currencynote#100yuan#onehundredyuan#chinacurrency#chinayuan#chinamoney#note_senyeow#senyeow2015
1 CNY to SAR added 1 medium
2015-10-14T15:03:27+02:00
1
1 CNY to SAR added 1 medium
2014-07-15T11:09:38+02:00
#SaudiArabianRiyal #USDollar#themoneymovement2 @themoneymovement2.0 #freepalestine #prayforgaza
1 CNY to SAR added 1 medium
2014-08-20T00:42:16+02:00
At work gettin' #ArabMoney 💲#500 #SaudiArabianRiyal
1 CNY to SAR added 1 medium
2015-12-10T20:14:45+01:00
#saudiarabianriyal #suudiarabistanriyali #saudiarabia #money #saudi #arabian #HasanKaragöz #Fotoğraf #Photography #zoom #istanbul
1 CNY to SAR added 1 medium
2016-02-21T11:40:16+01:00
Money isn't real, it's man made, and can be erased and created at any moment by financial institutions #money #SAR #saudiarabianriyal #naira #NGN #euro #economics #fineliner #art #arabic #matrix
1 CNY to SAR added 1 medium
2016-06-09T04:20:15+02:00
New additions to my collection 😊😊 #Money #Currency #MoneyCollector #Collector #Bills #BillCollecting #CoinCollecting #CoinCollector #PaperMoney #Pakistan #PakistaniRupee #Rupee #SaudiArabia #SaudiArabianRiyal #Riyal #Hobby

1 CNY to SAR 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 ...
Subscribe Us on YouTube Saudi Riyal Exchange rate Pakistan India Currency Rate Enjaz Bank || Monygarm Today all Like Share ...
Saudi currency rates today, Riyal exchange rate today, Saudi mein aaj ka riyal rate, Today saudi riyal rate, Riyal exchange rate ...
Today riyal rate, Riyal rate today, Saudi currency rates today, Saudi riyal today rate, Riyal exchange rate today, Today riyal rate ...
Saudi Arabian riyal https://media.giphy.com/media/xUPGcMCssbx7q6EnqU/giphy.gif.
You can click for depth information ...

1 CNY to SAR 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.

9 days conditional positive
The ‘Center of al-Awamiyah’ injects fresh hope in Saudi Arabia’s al-Qatif

Residents in al-Awamiyah district in the Saudi Arabian Province of al-Qatif returned to their new homes with renewed hope less than a year after

about 2 months subjunctive negative
Iranian rial hits record low of 170,000 to the dollar

LONDON: The Iranian rial hit a record low against the US dollar on the unofficial market on Wednesday, the local Tasnim news agency reported, amid a deterioration in the economic situation in Iran and the reimposition of sanctions by Washington. The dollar was being offered for as much as 170,000 rials, according to Tasnim. The rial has lost approximately 75 percent of its

2 months conditional neutral
Top bank boosts Egypt, Gulf falls in thin trade

Egypt’s blue-chip stock index rose sharply on Wednesday, boosted by its biggest bank, while all major Gulf markets were weak, with some investors away on year-end holidays.

3 months conditional neutral

1 CNY to SAR currency converter

1 CNY to SAR exchange rates

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