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May 15, 2024 · Learn the meaning and history of China's two official currencies, the yuan and the renminbi, and how they are used in different contexts. Find out how the yuan is traded on international markets and why it is sometimes called CNH.
- Christina Majaski
- 1 min
11 hours ago · 1 CNY = 0.138092 USD. We use the mid-market rate for our Converter. This is for informational purposes only. You won’t receive this rate when sending money. Login to view send rates. US Dollar to Chinese Yuan Renminbi conversion — Last updated May 24, 2024, 01:02 UTC.
This became the sole currency of mainland China at the end of the civil war. A new yuan was introduced in 1955 at a rate of 10,000 old yuan = 1 new yuan, known as the renminbi yuan. It is the currency of the People's Republic of China to this day. The term yuan is also used in Taiwan.
'People's Currency'; symbol: ¥; ISO code: CNY; abbreviation: RMB) is the official currency of the People's Republic of China. [a] It is the world's 5th most traded currency as of April 2022. [3] The yuan ( Chinese: 元 or simplified Chinese: 圆; traditional Chinese: 圓; pinyin: yuán) is the basic unit of the renminbi.
Convert US dollars to Chinese yuan rmb at the real exchange rate with Wise. See live rates, historical charts, and compare money transfer providers.
Our currency rankings show that the most popular Chinese Yuan Renminbi exchange rate is the CNY to USD rate. The currency code for Yuan Renminbi is CNY, and the currency symbol is ¥. Below, you'll find Chinese Yuan Renminbi rates and a currency converter.
Convert US dollars to Chinese yuan rmb at the real exchange rate with Wise. See live rates, historical charts, and compare money transfer providers.
