Chinese Yuan
CNY • China
Current Exchange Rate
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About Chinese Yuan
The Chinese yuan is the currency of the world's second-largest economy. Its rate is managed within a band set by the People's Bank of China rather than left to float freely.
Price Influencing Factors
- 1People's Bank of China policy
- 2China's trade surplus
- 3Trade tensions with the United States
- 4Demand for Chinese imports
Last 7 Days
| Date | Buy | Sell | Change |
|---|---|---|---|
| Sat, Sep 12 | 18.13 | 18.13 | +0.10% |
| Fri, Sep 11 | 18.12 | 18.12 | +0.09% |
| Thu, Sep 10 | 18.10 | 18.10 | +0.07% |
| Wed, Sep 9 | 18.09 | 18.09 | -0.04% |
| Tue, Sep 8 | 18.10 | 18.10 | -0.08% |
| Mon, Sep 7 | 18.11 | 18.11 | +0.11% |
| Sun, Sep 6 | 18.09 | 18.09 | 0.00% |
Chinese Yuan Exchange Rate in Syria
The yuan is managed rather than fully floating: the People's Bank of China sets a daily central rate and allows movement within a band around it. It moves more calmly than a free-floating currency, but it is not fixed like the pegged Gulf currencies.
This pair matters in Syria for trade rather than for personal transfers. China is a major source of imported goods, so importers watch the yuan to price shipments, not to send salaries home.
Frequently asked questions about the Chinese Yuan
Is the yuan pegged to the dollar?
No, but it does not float freely either. The People's Bank of China sets a daily central rate and permits movement within a band around it.
Why does the yuan matter in the Syrian market?
Because China is a major source of imports, so the yuan feeds directly into the cost of imported goods and how they are priced locally.
How much is 1,000 yuan in Syrian pounds?
Multiply 1,000 by the sell price above; the result is in new pounds.
Is yuan cash available in Syria?
Rarely. Dealings in yuan typically run through commercial transfers rather than cash at exchange offices.
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How to Use the Currency Converter
Use our currency converter to convert between Chinese Yuan and Syrian Pound. You can enter any amount and get the equivalent value instantly at current market rates.