Monday, January 16, 2017 10:45 AM
Currencies rates online for Japanese Yen (JPY) to Chinese Renminbi (CNH).
Forex data is updating every 5 minutes.
In order to convert currencies, please go to Chinese Renminbi (CNH) to Japanese Yen (JPY).
The currency converter uses the latest Forex exchange rates.
The Japanese yen (symbol: ¥; currency code: JPY) is the official currency of Japan. The yen is the fourth largest reserve currency in the world, the third most traded currency in the forex market, and the most traded currency in Asia.
The yen was adopted as the official currency of Japan in 1871, replacing Tokugawa coinage.
The Chinese renminbi (symbol: ¥; currency code: CNY, CNH – when traded in Hong Kong –) is the official currency of the People’s Republic of China. It is often abbreviated as RMB or CN¥, to distinguish between it and other currencies with the same symbol. The basic unit of the renminbi is the yuan, which is often employed to refer to the Chinese currency in general. One (1) yuan is equal to ten (10) jiao, and one (1) jiao is equal to ten (10) fen.
The renminbi is issued by the People’s Bank of China and, as of 2015, is the fifth most heavily traded currency in the world.
During the Republic of China era, several different currencies were in circulation. These were replaced by one currency in 1948, issued by the People’s Bank of China after the Communist Party of China gained greater control. This currency eventually came to be known as the renminbi in 1949.