vs USD
73USD pair is usually the most liquid venue for Chinese yuan (renminbi).
Darker cells mean a higher score for this topic on that metric.
Reserve weight48
Global reach65
Stability78
Cash culture60
Design icon70
Policy autonomy55
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Last reviewed Sources & creditsMedia creditsMethodology
Quick answers
What is the Chinese yuan (renminbi)?
Chinese yuan (renminbi) (CNY) is issued or defined under People's Bank of China. China's currency — rising in trade settlement while capital controls still shape how freely it moves.
Who issues Chinese yuan (renminbi)?
People's Bank of China sets monetary policy and oversees the unit; physical production involves China Banknote Printing and Minting.
Is this a live exchange rate?
No. Tool-Lifes /money is a static educational atlas. It explains regimes, history and design without live tickers.
Why does Chinese yuan (renminbi) matter globally?
Global importance comes from trade invoicing, reserve holdings, financial contracts and migrant remittances — measured here as relative scores, not prices.
What does the reserve-weight score mean?
It ranks how heavily central banks and global finance rely on this unit compared with others in the atlas — an editorial 0–100 score.
Where can I see banknotes?
The Design chapter covers major note and coin types; images come from Wikimedia Commons when a free licence is available.
In FX, Chinese yuan (renminbi) is priced against other units. This chapter ranks typical pair importance and reserve uses without quoting live prices.
Vehicle-currency status, local-bond depth and trade invoicing explain why some units punch above their GDP weight.
Key pairs
Relative trading importance among major pairs — educational scores, not live rates.
vs HKD
48Hong Kong dollar crosses track China-adjacent flows.
vs EUR
52Euro crosses matter for European and Mediterranean trade.
vs JPY
36Yen crosses matter for Asian funding and carry trades.
Regional cross
50Neighbour-currency crosses serve local trade and travel.
Commodity cross
45Oil, metals or ags correlate with some EM and commodity currencies.
Reserve role
Official reserves
Relative reserve-weight score 48/100 versus peers in this atlas.
Private balances
Corporates and households hold deposits and securities in this unit offshore.
Safe-asset supply
Depth of government debt in this currency supports reserve use.
Intervention currency
Peers may buy or sell this unit when managing their own pegs.
Capital & trade flows
Trade invoicing
Goods and services priced in Chinese yuan (renminbi) create ongoing FX demand.
Portfolio flows
Bond and equity investors move in and out with global risk appetite.
FDI & tourism
Long-term investment and travel leave lasting FX footprints.
Remittances
Household transfers matter especially for emerging-market units.
Carry & funding
Interest differentials attract or repel short-term capital.
Key numbers
48Reserve score
65Reach score
78Stability score
55Autonomy score
For mechanics of spot, forwards and settlement, see the FX basics pillar.
Keep exploring
More in Reserve & majors
💵
USD
United States dollar
The world's primary reserve and invoicing currency since Bretton Woods unravelled.
Reserve weight 98 💶 EUREuro
The shared currency of the euro area — second only to the dollar in reserves and FX turnover.
Reserve weight 92 💴 JPYJapanese yen
Asia's deep funding currency — low rates, vast government-bond market, and a major reserve holding.
Reserve weight 78 💷 GBPPound sterling
One of the oldest continuously used currencies — still a top FX and reserve currency.
Reserve weight 70 🇨🇭 CHFSwiss franc
A safe-haven franc backed by a conservative central bank and a large financial centre.
Reserve weight 55 🇨🇦 CADCanadian dollar
A commodity-linked G10 currency with polymer notes and a floating regime since 1970.
Reserve weight 42 🇦🇺 AUDAustralian dollar
A liquid commodity currency and pioneer of polymer banknotes.
Reserve weight 40