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  • Disclaimer Note for TCS
    Tax Collection at Source (TCS) at the rate of 5% will be levied under section 206C(1G)(b) of the Income Tax Act on outbound tour services. Further TCS under section 206C(1G)(a) of the Income-tax Act, 1961 at the rate of 5% will be collected if the aggregate amount exceeds Rs. 7,00,000 in a financial year for remittance out of India under the Liberalised Remittance Scheme of the Reserve Bank of India. The TCS collected will be reflected in the 26AS of the payer for claiming Income Tax credit.
  • Disclaimer Note for non-refund of TCS
    In the event of cancellation of services and refund of amount, Tax collected at source under section 206C(1G) of the Income Tax Act, 1961 shall not be refunded. The non-refunded TCS will be reflected in the 26AS of the payer for claiming Income Tax credit.
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Chinese Yuan (CNY) - Currency of China

Buying Rate (INR)
Selling Rate (INR)
Remittance Rate (INR)

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

About Chinese Yuan (CNY)

The Chinese Yuan is the official currency of People’s Republic of China. ‘Renminbi’ is the official term used to refer the China’s currency and it literally translates to ‘the People’s Currency’. The Yuan currency code is CNY and is represented using the symbol ¥. The word Yuan mean ‘round’. 10 Fen make 1 Jiao and 10 Jiao make 1 Yuan.

  • China currency is the 5th most traded currency in the world and recently has been added to the basket of currencies used by the IMF.
  • The most often used coins are ¥1, 1 JIAO, 5 JIAO, 1 FEN, 2 FEN, and 5 FEN.
  • The most frequently used banknotes are ¥1, ¥2, ¥5, ¥10, ¥20, ¥50, ¥100, 1 JIAO, 2 JIAO, and 5 JIAO

Quick Facts About Chinese Yuan (CNY)

Currency Name Chinese Yuan Remnibi
Short Name CNY
Nicknames kuài, máo
Symbol (s) ¥
Unit yuán 1/10, jiao, 1/100 fen
Frequently Used Coins ¥1, 1 jiao, 5 jiao
Rarely Used Coins 1 fen, 2 fen, 5 fen
Frequently Used Bank Notes ¥1, ¥5, ¥10, ¥20, ¥50, ¥100, 1 jiao, 5 jiao
Rarely Used Bank Notes ¥2, 2 jiao
Central Bank, Name & Website People’s Baank of China |
Territories that unofficially use the Chinese Yuan Remnibi as a part of their legal NA

How to Exchange Currency with Thomas Cook?

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Why Thomas Cook?

Safe & Secure Transaction
Best Online Rates
Door Step delivery & branch pick up option
Pay Small amount now & block rates

The Chinese Yuan Currency

The official currency of China is in the subdivision of 10 jiao, or 100 fen(?. In the major sections of the Mandarin Chinese speaking regions, the currency is often referred to as kuai and not yuan. Similarly, in the Cantonese Chinese speaking regions the kuai, jiaoand fen are often referred to as man, hòuh, and sin. Currently the bank notes that are under circulation, are in the denominations of jiao 1, 5, yuan 1, 5, 10, 20, 50, 100. Similarly, for the coins the current circulation is in the denominations of fen 1, 2 and 5.

How to buy forex in India?
Thomas Cook provides the best currency rates in India and empowers you to buy forex at the touch of a button. To buy forex online, visit the Thomas Cook website, choose the desired currency, enter the required details, and within 24 hours our experts will deliver your currency at your doorstep. If you wish, you can visit the nearest Thomas Cook branch and our forex experts will be there to assist you, ensuring a smooth and effortless transaction.

What is today’s 1 INR to cny rate?
To know the on-going China exchange rate, simply use our online free money exchange currency converter tool. It is equipped to provide you with the live exchange rates of over 26 currencies worldwide.

Currency Rate Today

Currency Name Buy Rate (Card Rate) Sell Rate
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Frequently Asked Questions

Are Chinese Yuan and Remnibi two different currency units?
No. Both are same. Remnibi is the currency of China and Yuan is the unit. In fact, the currency of China is often referred to as Chinese Yuan Remnibi.
Is the Chinese currency stronger than Indian rupee?
Yes, it is stronger than the Indian currency. To check the exact currency exchange rate between the two currencies, please log on to our website.
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 long does it take to exchange foreign currencies?
It is a standard process with a set of mandates that need to be followed. The process involves attributes like conducting verification of the submitted document which might take just a few days before we contact the client that process is now complete. To get more clarity on the amount of time required, you connect with one of our exerts, and they will guide you on the stipulated turnaround time post the understanding of your requisition.
Can I pay for my Foreign Currency in Indian Rupee in cash?
Foreign exchange for your personal/business foreign trip can be purchased from Thomas Cook against rupee payment in cash only up to Rs. 50,000/-. However, if the Rupee equivalent exceeds Rs. 50,000/-, the entire payment should be made by way of a crossed cheque/ banker’s cheque/ pay order/ demand draft/ debit card / credit card / prepaid card only. Please note that providing a PAN Card is mandatory for payments above INR 25,000.

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