Convert Japanese Yen to Chinese Yuan
Please provide values below to convert Japanese Yen [JPY] to Chinese Yuan [CNY], or Convert Chinese Yuan to Japanese Yen.
How to Convert Japanese Yen to Chinese Yuan
1 JPY = 20.4674166074241 CNY
Example: convert 15 JPY to CNY:
15 JPY = 15 × 20.4674166074241 CNY = 307.011249111362 CNY
Japanese Yen to Chinese Yuan Conversion Table
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Japanese Yen
The Japanese Yen (JPY) is the official currency of Japan, used as the country's primary medium of exchange.
History/Origin
Introduced in 1871 during the Meiji Restoration, the Yen replaced the previous complex monetary system and has undergone various reforms, including decimalization in 1954, to modernize Japan's currency system.
Current Use
The Yen is widely used in Japan for everyday transactions, banking, and international trade, and is one of the most traded currencies globally.
Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).