The Exchange Rate Chart From CNY (Yuan (Chinese) Renminbi) To GBP (British Pound)

CNY - Yuan (Chinese) Renminbi China, Yuan

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Today's Rates: 1/30/2023 2:16:54 PM brought you by RemitRardar
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Company nameCurrencyRate
MoneyGram1 CNY0.7499 GBP

Today's Rates: 1/30/2023 2:16:54 PM brought you by RemitRardar

Exchange Rates

Exchange CNY to GBP
1 CNY0.11093 GBP
5 CNY0.55465 GBP
10 CNY1.10930 GBP
50 CNY5.54650 GBP
100 CNY11.09300 GBP
250 CNY27.73250 GBP
500 CNY55.46500 GBP
1,000 CNY110.93000 GBP
5,000 CNY554.65000 GBP
10,000 CNY1109.30000 GBP
50,000 CNY5546.50000 GBP
100,000 CNY11093.00000 GBP
500,000 CNY55465.00000 GBP
1,000,000 CNY110930.00000 GBP
Top Exchange Rates Of CNY - Yuan (Chinese) Renminbi


Today's Rates: 1/30/2023 2:16:54 PM brought you by RemitRardar
from1 CNY0.153960.127270.1109311.52650.198733.05537.4284916.6125

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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