![]() ![]() They do not necessarily trade at the same. Convert From Convert To Exchange Rate More Info Chinese Yuan (CNY) United Arab Emirates Dirham (AED) 1 CNY to AED 0. A high point for Chinese officials in recent years came. In conclusion, both CNY and CNH are a type of RMB, as such 1 CNY 1 RMB 1 Yuan and 1 CNH 1 RMB 1 Yuan. Its all-time high occurred in January 1981 when USD/CNY hit 1.53. The yuan reached its all-time low against the dollar in January 1994 when the exchange rate for USD/CNY reached 8.73. Historical Exchange Rates For Chinese Yuan to Chinese Yuan 0.500 0.700 0.900 1.100 1.300 1. Two approaches are used in this paper to estimate the equilibrium exchange rates of the Chinese currency, the renminbi (RMB): the purchasing power parity. However, disappointingly, 95 of all yuan trading remains against just one other currency, the US dollar. Yuan in Chinese literally means a 'round object' or 'round coin'. In 1948 the People's Bank of China issued a unified currency known as the Renminbi or 'people's currency'. For additional exchange rates not listed below, refer to the governmental and external resources listed on the Foreign Currency and Currency Exchange Rates page or any other posted exchange rate (that is used consistently). CNY Chinese Yuan Country China Region Asia Sub-Unit 1 Yuan = 10 jiao or 100 fen Symbol ¥Ī variety of currencies circulated in China during the Republic of China era, most of which were denominated in the unit ' yuan'.
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