Woalet

¥ Chinese Yuan

货币代码: CNY

Currency of mainland China. Increasingly important in global trade and finance.

发行机构

People's Bank of China (PBOC)

主要特点

Largest Exporter

China is the world's largest exporter. CNY essential for trade.

Growing Reserve Currency

Increasing adoption as reserve currency by central banks.

Capital Controls

PBOC manages conversion limits. Not fully convertible.

Economic Scale

Backed by China's massive economy. Second-largest GDP globally.

热门通道

US → China

Hong Kong → China

Singapore → China

Vietnam → China

常见问题

What is the CNY/USD rate?

Approximately ¥6.50-7.00 = $1 USD. Managed by PBOC.

Can I freely convert CNY?

No, PBOC controls conversion. Annual limit of $50k per person.

Is CNY fully convertible?

Not fully. Convertibility restricted for outbound transfers.

What is the difference between CNY and CNH?

CNY is mainland China currency. CNH is Hong Kong-traded offshore yuan.

Can I hold CNY in foreign banks?

Yes, but transfers have restrictions. Check with your bank.