What you should know about...
Chinese Yuan Renminbi (CNY)
The CNY is the official currency of China, with the symbol ¥.
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Chinese Yuan Renminbi to Australian Dollars: Exchange rates today
 CNY |  GBP |
|---|---|
| 1 CNY | 0.10 GBP |
| 10 CNY | 1.08 GBP |
| 20 CNY | 2.16 GBP |
| 50 CNY | 5.41 GBP |
| 100 CNY | 10.83 GBP |
| 250 CNY | 27.09 GBP |
| 300 CNY | 32.51 GBP |
| 500 CNY | 54.18 GBP |
| 1,000 CNY | 108.36 GBP |
| 2,000 CNY | 216.73 GBP |
| 5,000 CNY | 541.84 GBP |
| 10,000 CNY | 1,085.78 GBP |
| GBP | CNY |
|---|---|
| 1 GBP | 9.09 CNY |
| 10 GBP | 90.99 CNY |
| 20 GBP | 181.99 CNY |
| 50 GBP | 454.97 CNY |
| 100 GBP | 909.95 CNY |
| 250 GBP | 2,274.88 CNY |
| 300 GBP | 2,729.86 CNY |
| 500 GBP | 4,549.76 CNY |
| 1,000 GBP | 9,117.05 CNY |
| 2,000 GBP | 18,234.11 CNY |
| 5,000 GBP | 45,585.29 CNY |
| 10,000 GBP | 91,182.73 CNY |
Exchange rates are dynamic. Always remember to check the applicable rate in-app before carrying out your exchange.
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Learn more about the Chinese Yuan Renminbi
History
The Chinese Yuan Renminbi was established as the official currency of China in 1948. Its introduction was a key development for the nation, and it continues to be a central part of the economic landscape of both China and Asia. Check our guide about the evolution of CNY to GBP to learn more about their exchange rate history.Characteristics
The Chinese Yuan Renminbi is divided into Fen. You'll find Chinese Yuan Renminbi banknotes in 1, 5, 10, 20, 50, 100 yuan and coins in 1, 5 jiao; 1, 2, 5 fen; 1 yuan.Monetary policy
The Chinese Yuan Renminbi is managed by the People's Bank of China, which is responsible for the currency's monetary policy and currency's value. This approach allows the currency to fluctuate based on market conditions, while the central bank retains the ability to intervene to maintain stability and control inflation. This strategic management is crucial for supporting the economic growth and stability of China.Currency exchange
The value of the Chinese Yuan Renminbi is determined by a floating exchange rate. This means its value can fluctuate based on global supply and demand, reflecting the country's economic strength and market conditions.
Facts table for the Chinese Yuan Renminbi (CNY)
| Currency name | Chinese Yuan Renminbi | |
| Currency code | CNY | |
| Currency symbol | ¥ | |
| Minor unit | Fen | |
| Minor unit symbol | - | |
| Notes frequently used | 1, 5, 10, 20, 50, 100 yuan | |
| Coins frequently used | 1, 5 jiao; 1, 2, 5 fen; 1 yuan | |
| Central bank | People's Bank of China | |
| Users | China |
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