Convert Chinese Yuan to Japanese Yen
CNY to JPY Exchange Rate Calculator
1 Chinese Yuan (CNY) = 23.6220 Japanese Yen (JPY) at the live mid-market rate. That means $100 CNY converts to roughly 2,362.20 JPY, and $1,000 CNY converts to about 23,622.00 JPY. The CNY/JPY rate refreshes every hour from Frankfurter, which sources data from the European Central Bank reference set. Enter any amount below to convert instantly — free, no sign-up.
90-day CNY/JPY context
Over the past 90 days, CNY/JPY has traded between 22.7790 and 23.6220. The current rate of 23.6220 sits roughly 100% through that range — near the upper end, meaning Japanese Yen has been weaker than typical against Chinese Yuan recently. Versus the rate 90 days ago, Chinese Yuan has strengthened by 3.70% against Japanese Yen.
CNY/JPY Price History
Interactive CNY/JPY exchange rate chart with 7-day, 30-day, and 90-day views.
About Chinese Yuan (CNY)
The Chinese Yuan (CNY), officially the Renminbi (RMB), is the currency of the People's Republic of China and increasingly central to global trade settlement. CNY trades onshore at a rate closely managed by the People's Bank of China (PBOC), while CNH trades offshore (mainly Hong Kong) with more market-driven pricing.
- •Fifth-most-used currency for global payments (SWIFT)
- •Included in the IMF Special Drawing Rights basket since October 2016
- •PBOC sets a daily USD/CNY reference rate and tolerates a ±2% trading band
- •China holds the world's largest FX reserves (~$3.2 trillion)
- •CIPS (China's cross-border payment system) handled over $14.7 trillion in 2025
About Japanese Yen (JPY)
The Japanese Yen (JPY) is the official currency of Japan and the third-most-traded currency worldwide. It is the premier carry-trade funding currency thanks to decades of ultra-low interest rates, and it plays a defining safe-haven role during global equity selloffs.
- •Third-most-traded currency, ~17% of daily forex volume
- •Bank of Japan ended its negative interest rate policy in March 2024 after 17 years
- •Japan holds the world's largest net international investment position
- •Yen weakness typically boosts Japanese exporter earnings (Toyota, Sony, etc.)
- •The Ministry of Finance — not the BoJ — controls FX intervention policy
Frequently Asked Questions
When is CNY/JPY most liquid?
Liquidity is deepest during the Tokyo and Hong Kong sessions (00:00–08:00 UTC) when CNY markets are open. Spreads widen noticeably during the New York afternoon and Asian public holidays.
What is a typical daily range for CNY/JPY?
Daily ranges vary with volatility regimes. Majors like EUR/USD typically move 0.5–1.2% on quiet days and 2–3% on data-release days. Check the 30-day chart above for a sense of the current range.
What economic events move CNY/JPY the most?
The biggest scheduled catalysts are PBOC daily fix, Chinese PMIs, and trade-balance prints and BoJ rate decisions, MoF intervention language, and BoJ Outlook Reports. Geopolitical headlines and global risk sentiment also produce meaningful moves, especially when one currency is a safe-haven and the other is risk-sensitive.
Is it cheaper to convert CNY to JPY at a bank or online?
Online money-transfer services (Wise, Revolut, Remitly, InstaRem) typically offer rates much closer to the mid-market CNY/JPY than traditional banks. Always compare the total delivered amount, not just the advertised "fee" — many providers embed their margin in the exchange rate itself.
Does the CNY/JPY rate change on weekends?
The interbank forex market closes from Friday 21:00 UTC until Sunday 21:00 UTC, so mid-market CNY/JPY rates don't update during that window. Retail broker spreads often widen at Sunday open as Asian desks reopen, so the first few hours of the new week can carry wider execution costs.
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Exchange rates refresh hourly · Sourced from institutional-grade data providers