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CNY to INR Converter

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Buy, Sell or Transfer Chinese Yuan Remnibi (CNY) in India at the best exchange rates

Currency Rate Today

Currency Name Buy Rate (Card Rate) Sell Rate
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Chinese Yuan Remnibi (CNY) to Indian Rupee (INR)

Have you just come back from China with some extra Yuan? If you are looking to get the best Yuan to INR rate, then you have arrived at the right place. Convert CNY to INR at best prices with Thomas Cook.

It is rightly said that estimating and arranging the right amount of foreign exchange is crucial for every international traveler. Imagine running out of forex in the middle of your overseas vacation. It would have ruined the fun and even wasted all your monies. Experienced travelers believe that it is better to be safe than sorry and thus, advise others to carry more than the estimated INR to CNY. Nobody likes getting stuck in the hassle of finding a reliable forex vendor in a foreign country. Even if they do find one, the exchange rate would be exorbitantly high. Being a smart traveler, you must have carried extra Chinese Yuan with you, isn’t it?

If you have unused Chinese Yuan that you want to convert to INR, then we have the right solution for you. Thomas Cook not only helps you buy forex at the most competitive rates but also enables you to convert Yuan to INR at the best prices. We provide CNY to INR conversion service and specialize in finding the best deals on flights and hotels worldwide. Whether you are traveling to China or Switzerland, you can rely on us for all your travel requirements. Our experts help you get the most competitive CNY to INR rates and customized holiday packages.

Importance of the CNY -Chinese Yuan

The economic development of China is one of the hot topics. The growing global presence has also led to the advancement of the Chinese currency, CNY (Chinese Yuan ). It is also commonly known as Renminbi (RMB). The symbol of the currency is ¥ and it has been in use since 1949 when it was introduced. The value of CNY is well reflected in the fact that it is one of the reserve currencies of the IMF (International Monetary Fund) since 2015. The term Renminbi was brought by the popular Communist Party of China back in the year 1949 and it means 'People's Money'.

Introduction of the CNY

The Chinese Yuan is managed by the People's Bank of China which is headquartered in Beijing. Currently, the CNY is pegged to the US Dollar  (USD) at a fixed rate of 6.8 CNY/USD. The value of 1 Yuan is equal to 10 Jiao. Both banknotes and coins are minted in the country. The denominations of banknotes are 1, 2, 5, 10, 20, 50, and 100 Yuan and coins have the denominations of 1, 2, and 5 Jiao. The banknotes of CNY are quite interesting as the obverse side displays images of popular leaders like Mao Zedong (leader of the Communist Party), beautiful monuments of the country, and images of historical Importance.

Factors that affect the exchange of the CNY to INR

The exchange rate  is simply the rate at which you get to exchange one currency with the other. Chinese Yuan is pegged to the USD at 6.8 CNY/USD. Hence, changes in the USD also impact the value of the CNY. On the other hand, INR is not pegged to any currency. Exports from China are one of the leading reasons for the advancement of the country. From small items to technologies, China has a production market for all. Other than these, the International oil price, the rate of inflation, commodity prices in the global market, etc. also makes a huge difference in the value of the Chinese Yuan. 

Convert CNY to INR Online as per Today’s Conversion Rate 

The exchange rate of CNY to INR changes often since these two are not pegged to each other. Currently, the exchange rate of CNY-INR is 11.87 INR/CNY. This means you need to pay INR 11.87 to get 1 CNY. Here is an example for better understanding: Nidhi works in foreign services in China. She has to transfer ¥15,000 to her family residing in India. Since today's CNY to INR rate is INR 11.87/CNY, Nidhi's family in India will receive INR 178,050. It is advised to properly check and calculate the amount as per the latest rates to take a more practical decision.

Convert CNY to INR

Currency conversion becomes easier when you have already done a rough calculation. However, using a manual method can consume a lot of time that you can utilise for other work. So, here is the currency converter for you that gives you results in absolutely no time. A currency converter is an online tool that allows you to make quick calculations regarding currency conversion as per the latest rates. So, in the case of CNY to INR also, you can use the calculator and check different results with different inputs. As per today's rate, which is INR 11.87/USD, the calculations that you may get are:
 
1 CNY = INR 11.87 
100 CNY = 1,187 INR 
1,000 CNY = 11,870 INR, and
INR 1= 0.084 CNY 
INR 1,000= 84 CNY 
INR 10,000= 840 CNY. 

How are CNY-INR Rates Determined?

There are various reasons that impact an economy and on the basis of these economic changes, the exchange rate also varies if not pegged. CNY and INR are not pegged to each other. Their exchange rate keeps on fluctuating and these rates are determined by the national banks of the countries. The Reserve Bank of India and the People's Bank of China are the two institutions that collaborate and fix the exchange rate of CNY to INR and vice-versa. If you have plans to convey your currency to any other currency, like CNY to INR, you may take the help of a currency calculator for better accuracy.

CNY and INR Overview 

China is a fast-growing economy with its products and technology teaching various corners of the world. India, on the other hand, is another leading Asian economy and China’s competition. Both countries share a trade market. China has also devalued its currency which has hiked the reach of its products globally and increased its overall revenue. India has also undergone demonetisation recently, in the year 2016, and introduced new banknotes to eradicate corruption and related problems. Both of these Asian superpowers have a strong currency value and if you are looking to convert CNY-INR, you may try the currency converter for quick calculations.
 
Disclaimer: The figures are for illustrations only, as the currency rates are subject to change.

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Frequently asked questions CNY to INR

In which currencies are the Prepaid Forex Cards available?
US Dollar, British Pound, Euro, Japanese Yen, Australian Dollars, Canadian Dollars, Swiss Francs and Singapore Dollar amongst many other currencies.
Are currency notes the best option to carry for travelling?
Currency notes may not be the best however, one of the great ways of carrying currency while you are travelling. These are especially handy to take care of all your petty expenses while you are on your trip. We facilitate most of the global currencies to cater to all your travel needs. Our experts will guide you with all the necessary proceedings, and we will provide you with absolutely authentic notes to ensure you travel safe and secure without facing any unwanted hassles.
How do I send money abroad?
You may visit the nearest Thomas Cook branch or have us call you back. Our experts will guie you with the best mediums to send money abroad without any hassle or inconvenience. They will ensure that you experience a seamless transactional process. Whether it is to do with the necessary documentation or understanding the mediums to make transfers, they will facilitate you with the most convenient and reliable assistance.
What is a Prepaid Forex Card?
Our Prepaid Forex Card gives you the best in class security, and the speed & flexibility all within the convenience of a card. It is a secure, convenient, and easy way to carry money and make payments whenever you travel abroad. You may load it up before you depart from India, and then pay for all your expenses during your trip abroad all on swipe. You may also withdraw cash using the forex card at all the authorised ATMs.
What is the validity of the Prepaid Forex Cards?
Thomas Cook’s prepaid forex card is reloadable with a validity of 5 years from the date of issuance of the card. During this given time, you may use the Prepaid Forex card for as many times you like. Whenever travelling abroad during the validity period, you can simply recharge your card at Thomas Cook with more foreign currency. All you need to do is just fill in the reload coupons given to you along with the necessary documents; your Card will be credited with the new amount within a few hours. This is subject to RBI regulations. (For latest on RBI regulation: www.rbi.org.in)

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