The Exchange Rate Chart From CNY (Yuan (Chinese) Renminbi) To PHP (Philippine Peso)

CNY - Yuan (Chinese) Renminbi China, Yuan

The Top Currencies
Country Currency Name Currency Code
Today's Rates: 6/16/2019 5:26:36 PM brought you by RemitRardar
US DollarUSD
EuroEUR
British PoundGBP
Indian RupeeINR
Yuan (Chinese) RenminbiCNY
Australian DollarAUD
Mexican PesoMXN
Philippine PesoPHP
Japanese YenJPY
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Rates of companies
Company nameCurrencyRate
MoneyGram1 CNY53.54896 PHP

Today's Rates: 6/16/2019 5:26:36 PM brought you by RemitRardar

Exchange Rates

Exchange CNY to PHP
CNYPHP
1 CNY7.83537 PHP
5 CNY39.17685 PHP
10 CNY78.35370 PHP
50 CNY391.76850 PHP
100 CNY783.53700 PHP
250 CNY1958.84250 PHP
500 CNY3917.68500 PHP
1,000 CNY7835.37000 PHP
5,000 CNY39176.85000 PHP
10,000 CNY78353.70000 PHP
50,000 CNY391768.50000 PHP
100,000 CNY783537.00000 PHP
500,000 CNY3917685.00000 PHP
1,000,000 CNY7835370.00000 PHP
Top Exchange Rates Of CNY - Yuan (Chinese) Renminbi

To

USDEURGBPINRAUDMXNPHPJPY
Today's Rates: 6/16/2019 5:26:36 PM brought you by RemitRardar
from1 CNY0.146920.126360.1143710.25170.200522.7797.8353716.3432
Inverse:6.806437.913908.743550.097544.987030.359840.127630.06119

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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