Currency Exchange Rate: CNY To USD

Convert: Yuan (Chinese) Renminbi to US Dollar

CNY arrow USD

CNY  =  0.1563  USD

CNY - Yuan (Chinese) Renminbi      CNY  =  0.15630  USD      USD - US Dollar

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Remittance CNY to USD Exchange Rates
Company nameCurrencyRate
MoneyGram1 CNY1.1908 USD

Today's Rates: 1/22/2018 8:16:39 AM brought you by RemitRardar

Exchange Rates

Exchange CNY to USD
CNYUSD
1 CNY0.15630 USD
5 CNY0.78150 USD
10 CNY1.56300 USD
50 CNY7.81500 USD
100 CNY15.63000 USD
250 CNY39.07500 USD
500 CNY78.15000 USD
1,000 CNY156.30000 USD
5,000 CNY781.50000 USD
10,000 CNY1563.00000 USD
50,000 CNY7815.00000 USD
100,000 CNY15630.00000 USD
500,000 CNY78150.00000 USD
1,000,000 CNY156300.00000 USD

CNY Currency Details

The renminbi ([ɻə̌n.mǐn.pî] ( listen); sign: 元, ¥; ISO 4217: CNY) is the official currency of the People's Republic 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 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 in 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)

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The Top Currencies
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Today's Rates: 1/22/2018 8:16:39 AM brought you by RemitRardar
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Yuan (Chinese) RenminbiCNY
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Japanese YenJPY
Top CNY - Yuan (Chinese) Renminbi Exchange Rates

To

USDEURGBPINRAUDMXNPHPJPY
Today's Rates: 1/22/2018 8:16:39 AM brought you by RemitRardar
From1 CNY0.156040.12770.112569.97150.195342.906767.9569917.3009
Inverse:6.408617.830858.884150.100295.119280.344030.125680.05780

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