1. Chinese currency comes by 2 names Yuan and Renminbi abbreviated as CNY and RMB, respectively.
2. Renminbi is actually the official currency of China and acts the medium of exchange. However, Yuan is the unit of account that measures China's financial and economic system.
3. Official symbol of Chinese Yuan Renminbi is ¥
4. People's Bank of China has the issuance right of Chinese Yuan Renminbi. Renminbi banknotes are available in the denomination of ¥0.1, ¥0.5, ¥1, ¥5, ¥10, ¥20, ¥50 and ¥100.
5. Chinese Yuan Renminbi is one of the top 5 most used currencies globally alongside the US Dollars, Euro, Yen and Pound.
6. It became world's 6th most traded currency in year 2019.
What is the interbank exchange rate for the Chinese Yuan ?
1 GBP = 9.272480 CNY
Last update date : 08-11-2024 03:14:20
Last updated on 08-11-2024 03:14:20
The below table shows the exchange rate and inverse exchange rate
Last updated on 08-11-2024 03:14:20
Currency |
Exchange Rate |
Inverse Rate |
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