English
हिन्दी
Why Do You Need to Convert CNY to INR Before Travelling?
China attracts many Indians each year for business and travel. Several Indian businessmen visit China for manufacturing partnerships. Major commercial hubs such as Shanghai, Guangzhou, and Beijing are also home to top-class academic institutions. As a result, Indians travel to China for both short-term and long-term stays for various purposes.
After completing your travel, if you're returning with unused CNY, make sure to convert the Chinese currency to INR. You should do it as soon as you think the rates are favourable. Holding the currency for long can often reduce its value because of rate fluctuations. Converting Yuan to INR usually helps the travellers manage their finances better.
You should always get clarity about the CNY INR exchange rates to help you manage your budget post-travel. One of the key ways to stay updated with these is to use Thomas Cook.
Thomas Cook offers secure, RBI-compliant and transparent rates. You can book the CNY INR conversion online and opt for doorstep delivery. The experts will deliver the converted currency to your home within 24-48 hours. Thomas Cook does not have any hidden charges, ensuring you get maximum value and complete peace of mind.
What is the CNY to INR Conversion Rate?
According to current market trends, the exchange rate for CNY to INR is 12.87 INR. This is not a fixed rate and will vary depending on trade activity, global economic conditions, and currency demand. Indian travellers returning from China after a work trip or vacation must be aware of the prevailing Yuan to INR conversion rate. It helps you maximise the value.
Here's a brief look at the Chinese currency to INR rate for different amounts:
- 1 CNY = 12.87 INR
- 5 CNY = 64.35 INR
- 10 CNY = 128.71 INR
- 20 CNY = 257.41 INR
- 50 CNY = 643.54 INR
- 100 CNY = 1,287.07 INR
- 250 CNY = 3,217.67 INR
- 500 CNY = 6,435.35 INR
- 1,000 CNY = 12,870.70 INR
- 2,000 CNY = 25,741.40 INR
- 5,000 CNY = 64,353.50 INR
- 10,000 CNY = 128,707.00 INR
Disclaimer: Subject to change as per market conditions.
You can use the live currency tracker by Thomas Cook to keep an eye on CNY INR rates in real-time. There are no hidden markups or inflated margins on Thomas Cook, ensuring you get the best value. While you must not delay too long, you should also not convert instantly. It is best to monitor the rates for a few days if the market conditions are volatile. Small fluctuations can also have a significant impact on the actual amount you'll receive.
How to Use the CNY to INR Converter?
Here's how to use the currency converter CNY to INR on Thomas Cook:
- Visit the official website of Thomas Cook.
- Navigate to the CNY to INR currency conversion page.
- Enter the CNY amount to be converted.
- Check the converted INR amount and confirm your booking.
Why Is the CNY to INR Rate Important?
Understanding the CNY to INR rate is crucial, as it helps you know the cost of trade between India and China. If you're planning to start a business and get materials from China, keep an eye on the live rates for better budgeting. The fluctuating rates affect economic growth, the cost of imports and exports and influence business decisions.
CNY to INR Historical Exchange Trends
In the past week, Yuan to INR has fluctuated at an all-time high of 12.8977 and all time low of 12.8149. Historically, CNY has been stronger than INR because of China's position in the global market. If you're travelling frequently to China for business or tourism, you must also be aware of historical trends to identify stable periods. Therefore, you can initiate the exchange during stable periods based on data.
How to Get the Best CNY to INR Exchange Rates?
You can get the best Yuan to INR rate on Thomas Cook. You can either visit the website or download the app on your phone to stay updated. Here's how to get the best CNY to INR market rates when converting online:
Convert currency as soon as possible.
Convert CNY to INR after returning from your trip as soon as possible. The rates keep fluctuating due to global demand. Therefore, instead of waiting for a long time, convert it within the timeline.
Track the exchange rates.
One of the key ways to get the best exchange rates for China currency to INR is to monitor them. Monitor live exchange rates on Thomas Cook's official website. You can track the market movements and initiate conversion at the right time.
Use the rate lock-in feature.
You can use Thomas Cook's rate lock-in feature. You can check the exchange rates and lock them when they're most favourable. Using the rate lock-in feature protects against currency rate fluctuations.
How to Convert CNY to INR Online Safely?
Converting CNY INR currency safely is significant. Here are the key things to consider to convert CNY to INR online safely:
Check live rates before booking.
After returning from the trip, you must check the live rates before booking the CNY to INR conversion. Verify the real-time rates and avoid incorrect rates.
Use a trusted and authorised platform.
When you convert CNY to INR, you must use only trusted and authorised platforms. Use a reputed RBI-authorised service provider. Thomas Cook is an expert in secure transactions and in regulatory compliance.
Review the charges
Always check the delivery timeline, service fees, and cancellation policies when converting Yuan to INR. To ensure faster delivery, you must also check the documentation requirements.
Avoid third-party providers
While third-party providers may offer you a great deal, it is best if you avoid them. You should always use official providers to convert the currency. These third-party providers often have fraud and scam risks.
Why Choose Our CNY to INR Converter?
The Thomas Cook currency converter CNY to INR is easy to use and provides accurate information. Below are some of the key reasons to use Thomas Cook's converter:
- Thomas Cook is RBI-compliant, ensuring it will consistently deliver accurate results.
- Thomas Cook currency converter offers live, real-time updates for converting China currency to INR.
- You can avoid currency fluctuations by using Thomas Cook's rate lock-in feature.
- You can choose between branch pickup and doorstep delivery for your converted amount.
- You can turn on the alert notifications on the Thomas Cook app on your phone. Through this, you can stay updated whenever the rates are more favourable.
- Thomas Cook has no hidden charges or markups, ensuring you get the actual details before converting.
- Using Thomas Cook's currency converter allows you to plan your finances better. Furthermore, as a reliable, globally renowned platform, Thomas Cook offers a smooth and secure forex experience.
Frequently Asked Questions (FAQ) About CNY to INR
Q. What is the best time to convert CNY to INR?
You should try to convert CNY to INR on midweek days, like Tuesday to Thursday. You can regularly check live exchange rates to find the best time for conversion.
Q. Is CNY stronger than INR?
Yes, CNY is stronger than INR. On average, you may need 12 to 13 INR to get 1 CNY. Historically, as well, CNY has been stronger than INR. This is because of China's position in the global market.
Q. Are there any hidden fees when converting CNY to INR?
No, if you use a reliable platform such as Thomas Cook, there are no hidden fees or markup when converting CNY to INR. The RBI-compliant platforms provide all details upfront.
Q. How can I get the best CNY to INR exchange rates?
You can use Thomas Cook's rate lock-in feature to convert Chinese currency to INR. Through this feature, you can lock in the conversion rate and avoid market fluctuations.
Q. Can I use a CNY to INR converter for large sums of money?
You can use the Thomas Cook currency converter to convert larger sums of CNY to INR. However, make sure that you're following the RBI Regulations and have declared the additional amount.
Q. Does the rate differ for online transactions and bank exchanges?
Yes, the rates differ for online transactions and bank exchange transfers. Online transactions offer reasonable rates and lower charges. On the other hand, bank exchanges provide lower rates and charge more.
Q. Is there a maximum or minimum limit for the CNY to INR conversion?
To successfully convert CNY to INR, it is essential to follow the RBI regulations. According to RBI guidelines, cash payments are permitted only if the total sale amount is below ₹50,000. Any amount exceeding that isn't allowed in cash.
Q. Why does the conversion rate differ at different locations (airport, bank, online)?
Convenience fees and operational charges often lead to conversion rates varying across locations. Airports usually have higher operational charges and convenience fees.
Q. How much CNY is allowed to be carried to India?
Indian residents returning from China are allowed to bring INR up to ₹25,000. Any amount above that must be declared by completing the Currency Declaration Form.
Q. How much CNY can I consume on my foreign travels?
Travellers entering or leaving China may carry up to RMB 20,000 in local currency. If you use any amount more than that, you will have to declare it to the authorities.
Q. How much time will it take for CNY to be delivered to the home?
After you've applied for the CNY-INR conversion, it will take 24-48 hours for the CNY to be delivered to your home. Make sure to understand the documentation requirements early to avoid delays.
Q. Are there any limits for exchanging CNY to INR?
As an Indian citizen, you can retain up to 2000 US dollars or its equivalent in other currencies. You should exchange the same within the limit to avoid any last-minute issues.
Browse Other Currency Converter
- CHF to INR Currency Converter
- QAR to INR Currency Converter
- HKD to INR Currency Converter
- NZD to INR Currency Converter
- JOD to INR Currency Converter
- ZAR to INR Currency Converter
- EGP to INR Currency Converter
- NOK to INR Currency Converter
- SEK to INR Currency Converter
- USD to INR Currency Converter
- THB to INR Currency Converter
- AED to INR Currency Converter
- CAD to INR Currency Converter
- GBP to INR Currency Converter
