The China Yuan to Japanese Yen currency conversion has a rich history that spans centuries. The yuan, China's official currency, was first introduced in 1949, replacing the old Chinese currency.
The yuan has undergone several devaluations, with the most significant one happening in 1978, when the Chinese government devalued the yuan by 10% to boost exports. This move had a significant impact on the global economy.
In contrast, the Japanese Yen has been a stable currency since its introduction in 1871. The yen replaced the old Japanese currency and was pegged to the US dollar at a rate of 1 USD = 4.2 JPY.
The exchange rate between the yuan and yen has fluctuated over the years, influenced by economic and political factors.
Current Exchange Rates
The current exchange rate between the Chinese Yuan (CNY) and Japanese Yen (JPY) is 21.506 JPY for every CNY, as of January 13, 2025.
This rate means that if you exchange 1 CNY, you'll receive 21.506 JPY. You can also check the history of exchange rates to see how the rate has changed over time.
In the past 30 days, the CNY to JPY exchange rate reached a high of 21.6301 and a low of 20.9766, with an average rate of 21.4324. The overall change in this period was +2.52%.
Here's a quick reference table to help you see the current exchange rates:
The average rate over the last 90 days is 21.2763 JPY for every CNY, with a total change of +1.78%.
Historical Data
The Chinese Yuan Renminbi (CNY) has seen a decrease in value compared to the Japanese Yen (JPY) over the past six months, down by -1.28%.
You can view the CNY to JPY exchange rate for specific years by clicking on the corresponding links below. This will give you a detailed look at how the exchange rate has changed over time.
Here are the exchange rate highs and lows for the CNY to JPY over the past 30 and 90 days:
The overall change in the CNY to JPY exchange rate over the past 30 days was +2.52%, while the total change over the past 90 days was +1.78%.
Last Year's Highest Rate
The highest CNY to JPY exchange rate in the last year was 22.231 Japanese Yen per Chinese Yuan Renminbi.
This was the peak point for the CNY/JPY rate, which occurred on July 3, 2024.
Let's take a look at the data for that day and see what we can learn from it.
The high rate of 22.231 JPY per CNY is a significant figure, and it's worth noting that this rate was only achieved for a short period of time.
Last 6 Months History
The last six months have been a wild ride for the Chinese Yuan Renminbi (CNY) compared to the Japanese Yen (JPY). The CNY/JPY rate is down -1.28% in the six months, meaning the Chinese Yuan Renminbi has decreased in value compared to the Japanese Yen.
Let's take a closer look at the high and low points of the CNY/JPY rate over the past six months. The high point was ¥21.6301 JPY on November 18, 2024, while the low point was ¥20.9766 JPY on December 12, 2024.
Here's a breakdown of the CNY/JPY rate over the past six months:
As you can see, the CNY/JPY rate has been fluctuating over the past six months, but the overall trend is a decrease in value for the Chinese Yuan Renminbi compared to the Japanese Yen.
Exchange Rate Information
The highest CNY to JPY exchange rate in the last year was 22.231 Japanese Yen per Chinese Yuan Renminbi on July 3, 2024.
Over the past 30 days, the CNY to JPY exchange rate has fluctuated between 20.9766 and 21.6301 Japanese Yen per Chinese Yuan Renminbi, with an average rate of 21.4324.
Here is a table showing the CNY to JPY exchange rate for different amounts of Chinese Yuan Renminbi:
As of January 13, 2025, the best CNY to JPY exchange rate is 21.506 Japanese Yen per Chinese Yuan Renminbi.
What is 100?
As of January 13, 2025, 100 Chinese Yuan Renminbi is equivalent to 2,150.64 Japanese Yen.
The exchange rate at this time is 21.506 Japanese Yen per Chinese Yuan Renminbi.
This means that if you were to exchange 100 Chinese Yuan Renminbi, you'd get 2,150.64 Japanese Yen in return.
The exchange rate can fluctuate over time, so it's essential to check the current rate if you're planning a trip or making a transaction.
What Is
The Chinese Yuan Renminbi (CNY) and Japanese Yen (JPY) are two of the most widely traded currencies in the world. The exchange rate between these two currencies is constantly fluctuating.
As of now, 1 CNY is equivalent to 21.506 JPY. This means that if you exchange $1 of Chinese Yuan, you'll get approximately $21.51 of Japanese Yen.
The exchange rate can be calculated in both directions, with 1 JPY being worth 0.04650 CNY. This is a useful fact to keep in mind when converting between these two currencies.
Here's a quick rundown of the exchange rates for different amounts of CNY to JPY:
Remember, exchange rates can change over time, so it's always a good idea to check the current rate before making any transactions.
What Affects the Rate
The exchange rate between the Chinese yuan (CNY) and the Japanese yen (JPY) can be influenced by various economic and geopolitical factors.
In the past 30 days, the CNY to JPY exchange rate reached a high of ¥21.6301 and a low of ¥20.9766, with an average rate of ¥21.4324. This volatility is a clear indication of the impact of these factors on the exchange rate.
Economic indicators, such as GDP growth, inflation, and interest rates, can have a significant impact on the exchange rate. Over the last 90 days, the CNY to JPY exchange rate peaked at ¥21.6330 and dipped to a low of ¥20.5446, averaging ¥21.2763.
Geopolitical events, such as elections and trade agreements, can also influence the exchange rate. In fact, the exchange rate has experienced a total change of +1.78% over the last 90 days, a clear indication of the impact of these events.
Central bank decisions, such as interest rate changes, can affect the exchange rate. The average rate of ¥21.4324 in the past 30 days suggests that central bank decisions have had a significant impact on the exchange rate.
The exchange rate can be quite volatile, with a +2.52% change in the past 30 days. This volatility is likely due to a combination of economic and geopolitical factors.
Best Time
The best time to convert currencies is a crucial factor to consider.
The CNY and JPY can be traded 24x5, starting from the time markets open on Monday mornings in Sydney until they close on Fridays at 5 PM in New York.
However, a good time to convert Chinese Yuan Renminbi to Japanese Yen is between 3-4 PM GMT, when currency market liquidity and trading volume tend to be the highest.
This time frame is ideal for executing trades if you need JPY urgently, as it's less likely to result in a delayed settlement.
Converting Chinese Yuan Renminbi to Japanese Yen early in the week is also advisable, especially if you need the JPY urgently, to avoid a delayed settlement until the following week.
Frequently Asked Questions
How much is 1 yen to 1 yuan?
According to the latest exchange rates, 1 Japanese Yen is equivalent to approximately 0.0466 Chinese Yuan. You can find more up-to-date and detailed conversion information on our currency converter page.
Does Japan use yen or yuan?
Japan's official currency is the yen (JPY), not the yuan. The yen is distinct from the Chinese yuan renminbi, although they share the same symbol ¥.
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