BookMyForex Compares forex rates across hundreds of banks and forex companies in your area and helps you discover the best rate for your forex requirement
|CNY Interbank Rate||₹10.0827|
|CNY Buying Rate||₹10.6677|
|CNY Selling Rate||₹9.8804|
|CNY Remittance Rate||₹|
The Chinese Yuan is the currency of People’s Republic of China. The currency code for Yuan Renminbi is CNY, and the currency symbol is ¥. The yuan (Chinese:元 ; pinyin: yuán) is the basic unit of the renminbi, but is also used to refer to the Chinese currency generally, especially in international contexts where Chinese yuan is widely used to mention the Renminbi. The distinction between the terms renminbi and yuan is similar to that between sterling and pound, which respectively refer to the British currency and its primary unit. One yuan is subdivided into 10 jiao , and a jiao in turn is subdivided into 10 fen. The Renminbi is issued by the People's Bank of China, the monetary authority of China. The most popular China Yuan Renminbi exchange rate is the CNY to USD rate.
|CNY Stats||CNY Profile|
|Name :Chinese Yuan Renminbi||Central Bank : People's Bank of China
|Symbol :¥ Jiao: 角||Coins : Freq Used : ¥1, 5角, 1角
|Minor Unit :1/10 = Jiao||Banknotes : Freq Used :¥5, ¥10, ¥20, ¥50, ¥100, ¥1 |
Rarely Used :¥2, 2角, 5角, 1角
|Top LKR Conversion: CNY/USD||Users : china|
China has a rich history of over 3000 years, and Chinese currency existed in both Ancient and Imperial China. In 1914, the Silver Dollar was established as the official currency of the Republic of China, with copper, fen, and nickel coins being added in the 1930s. During this time silver appreciated in value, and China could no longer retain the silver standard. In 1935, a new currency known as Fabi, was issued.
The Gold Yuan replaced the Fabì in 1948. That same year, the Yuan Renminbi (often called RMB) was introduced as a way to help stabilize the Communist held areas of mainland China. In 1955, a re-evaluation took place and a new Yuan Renminbi was introduced.
When China's economy opened in 1978, the Yuan Renminbi was only used domestically and foreigners used exchange certificates; this led to a powerful black market. From 1997 to 2005, the Chinese government pegged the Chinese Yuan Renminbi to the US Dollar. The Chinese government launched a pilot program in 2009, allowing some businesses in Guangdong and Shanghai to execute business and trade transactions with counterparties in Hong Kong, Macau, and select nations. The program has since expanded to all areas of China and all international counterparties. China has also made agreements with Australia, Japan, Thailand, Russia, and Vietnam to allow for direct currency trade, instead of converting to the US Dollar.
This is the rate that will apply when you sell Chinese Yuan currency on BookMyForex.com. The amount of INR (Indian Rupees) you'll recieve will be as shown below
Conversion is calculated using the highest CNY-INR Selling rate across India. To see the most accurate rate select the city in the drop down above
This is the rate that will apply when you buy Chinese Yuan currency on BookMyForex.com. The amount of INR (Indian Rupees) you'll recieve will be as shown below
Conversion is calculated using the highest CNY-INR Buying rate across India. To see the most accurate rate select the city in the drop down above
Exchanged so far
Banks and Money Exchangers
Superb rates, great service, priority support, and hassle free card reloads - is all that you can expect from BookMyForex, apart from their complimentary referral discounts & zero fee multi-currency cards. Be it a casual trip to Thailand or business travel to the U.S, BookMyForex is a one-stop shop for all your forex needs. Highly satisfied!
I am a graduate student at the Carlson School of Management with my roots in Banglore. Bookmyforex by far has the best conversion rates with the least hassles and extremely supportive staff. I recommend every prospective student or traveler going aboard to use Bookmyforex and experience their amazing service.
I used BookMyForex for my first visit to Singapore & Bali. BookMyForex representative made it easy and user friendly for me. Their staff is really helpful throughout the process and the rates applied are also lesser compared to other forex providers. I would highly recommend BookMyForex to everyone travelling abroad.
When it comes to hassle free inter-country currency exchange and transfer there are many companies and banks which talk about competitive rate and fast service, but Bookmyforex is the one which actually fulfills both these criteria. I am a happy customer of Bookmyforex, who joined in June 2016 and had never faced any difficulty in getting money transferred. I would recommend Bookmyforex to every student, professional, and tourist who want a stress-free service in this competitive world.
Very prompt and Proactive. Got the card delivered at my doorstep the very next morning process was clear and smooth. The most important thing which I liked about BookMyForex is that I have never faced any problem Regarding any Selling and buying foreign Currency, and that is the thing which I really liked about BookMyForex as a best online forex Portal, safety of funds. I will recommend BookMyForex