Exchange rates and conversions
Chinese Yuan (CNY)
The renminbi (CNY) is the official currency of mainland China, issued by the People's Bank of China. Its base unit is the yuan, divided into 10 jiao or 100 fen, and it is the most traded of the emerging market currencies.
Updated Sep 19, 2026, 12:02 AM
Common CNY amounts
Updated Sep 19, 2026, 12:02 AM
CNY against the major currencies
| Currency | 1 CNY = | 1 unit in CNY |
|---|---|---|
| USDUS Dollar | 0.14894 | 6.7141 |
| EUREuro | 0.12977 | 7.7062 |
| GBPBritish Pound | 0.11142 | 8.9746 |
| JPYJapanese Yen | 23.3919 | 0.04275 |
| CHFSwiss Franc | 0.12263 | 8.1549 |
| CADCanadian Dollar | 0.20840 | 4.7985 |
| AUDAustralian Dollar | 0.20918 | 4.7806 |
| INRIndian Rupee | 14.2967 | 0.06995 |
| XOFWest African CFA Franc | 85.1102 | 0.01175 |
| XAFCentral African CFA Franc | 85.1102 | 0.01175 |
| MADMoroccan Dirham | 1.4098 | 0.70931 |
| NGNNigerian Naira | 198.066 | 0.005049 |
| ZARSouth African Rand | 2.4227 | 0.41276 |
| BRLBrazilian Real | 0.76501 | 1.3072 |
| MXNMexican Peso | 2.5636 | 0.39008 |
| RUBRussian Ruble | 12.5720 | 0.07954 |
| TRYTurkish Lira | 7.2657 | 0.13763 |
| AEDUAE Dirham | 0.54698 | 1.8282 |
| SARSaudi Riyal | 0.55853 | 1.7904 |
| SEKSwedish Krona | 1.4650 | 0.68258 |
| NOKNorwegian Krone | 1.4033 | 0.71261 |
| PLNPolish Zloty | 0.56603 | 1.7667 |
| KRWSouth Korean Won | 206.564 | 0.004841 |
| SGDSingapore Dollar | 0.19013 | 5.2595 |
The figure shown is the mid-market rate: the midpoint between the buy and sell price, updated hourly. It is the rate before any margin is added, so a bank or a bureau de change will quote you a lower one.
About the Chinese Yuan
Renminbi means people's currency and is the name of the money itself; the yuan is the unit you count in, much as sterling is the currency and the pound the unit. It was introduced in 1948, the year the People's Bank of China was founded, and unified the several currencies then circulating in the territory. You will also meet the code CNH: it refers to the same currency traded offshore, mainly in Hong Kong, where its price is set freely and can differ slightly from the onshore rate.
The renminbi runs on a managed float. The People's Bank of China publishes a reference rate against the US dollar each trading morning and allows the market to move within a band around it, so the currency shifts less abruptly than a freely floating one. It joined the International Monetary Fund's Special Drawing Right basket in 2016, alongside the dollar, the euro, the yen and sterling.
The renminbi is the currency of mainland China. Hong Kong and Macau keep their own currencies, the Hong Kong dollar and the Macanese pataca, and Taiwan uses the New Taiwan dollar, so none of them can be converted at the renminbi rate.
CNY at a glance
- Symbol
- ¥ (元)
- Subunit
- 1 yuan = 10 jiao = 100 fen
- Central bank
- People's Bank of China, founded in 1948
- Introduced
- 1948
- ISO 4217 code
- CNY
Most-viewed conversions from CNY
- CNY → USD1 CNY = 0.14894 USD
- CNY → EUR1 CNY = 0.12977 EUR
- CNY → GBP1 CNY = 0.11142 GBP
- CNY → JPY1 CNY = 23.3919 JPY
- CNY → CHF1 CNY = 0.12263 CHF
- CNY → CAD1 CNY = 0.20840 CAD
- CNY → AUD1 CNY = 0.20918 AUD
- CNY → INR1 CNY = 14.2967 INR
- CNY → XOF1 CNY = 85.1102 XOF
- CNY → XAF1 CNY = 85.1102 XAF
- CNY → MAD1 CNY = 1.4098 MAD
- CNY → NGN1 CNY = 198.066 NGN
Conversions into CNY
FAQ
What is the difference between renminbi and yuan?
Renminbi is the name of the currency, yuan is the unit of account: a price is a number of yuan, denominated in renminbi. The relationship is the same as between sterling and the pound. The ISO 4217 code is CNY, and in everyday speech Chinese people often say kuai rather than yuan.
What is the difference between CNY and CNH?
CNY is the renminbi traded inside mainland China, where the People's Bank of China sets a daily reference rate and a trading band. CNH is the same currency traded offshore, chiefly in Hong Kong, where the price is set by supply and demand alone. The two rates track each other closely but are not always identical.
Is the Chinese yuan pegged to the US dollar?
Not any more. China held a hard peg until 2005 and again during the 2008 financial crisis, but the currency now runs on a managed float: the central bank publishes a daily reference rate against the dollar and lets the market trade within a band around it. The result sits between a fixed rate and a free float.
Follow the CNY from your phone
The app converts CNY into 148 currencies, offline included, and keeps your favourite pairs one tap away.