CNY vs JPY
🇯🇵1 CNY = 24 JPY
Rates as of 2026-07-22 · Source: European Central Bank
Quick Stats
Historical Comparison
CNY / JPY| Period | Then | Now | Change | Trend |
|---|---|---|---|---|
Source: European Central Bank via Frankfurter API
About CNY / JPY
🇨🇳 CNY — Chinese Yuan
The Chinese Yuan (also known as Renminbi) is the official currency of the People's Republic of China. It has been increasingly used in international trade and was added to the IMF's SDR basket in 2016.
🇯🇵 JPY — Japanese Yen
The Japanese Yen is the third most traded currency in the forex market and is widely used as a reserve currency. It is known as a safe-haven currency that investors flock to during times of global uncertainty.
Key Factors Affecting CNY/JPY
🇨🇳 CNY Drivers
- PBoC monetary policy and daily fixing rate
- US-China trade relations and tariffs
- Chinese GDP growth and manufacturing data
- Capital flow controls and internationalization policies
🇯🇵 JPY Drivers
- Bank of Japan monetary policy and yield curve control
- Japan's trade surplus and export data
- Global risk appetite and safe-haven flows
- USD/JPY carry trade dynamics
💡 Did You Know? — CNY
The word 'yuan' literally means 'round' in Chinese, referring to the round shape of coins used in imperial China.
💡 Did You Know? — JPY
The yen has no subdivisions in circulation — unlike most currencies, there are no cents or pence equivalent.
Economy Overview
🇨🇳 China
China has the second-largest economy in the world and is the largest global exporter. The People's Bank of China (PBoC) manages the yuan through a managed float exchange rate system.
🇯🇵 Japan
Japan has the third-largest economy in the world and is a major exporter of automobiles, electronics, and technology. The Bank of Japan (BoJ) has maintained ultra-low interest rates for decades.