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Currency Converter Result for 1 JPY to CNY rate.


1 JPY
Japanese Yen (JPY)
= 0.04612 CNY
Chinese Yuan (CNY)
1 JPY = 0.04612 CNY   1 CNY = 21.68237 JPY

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When converting from Yen to Yuan, it's important to note that exchange rates fluctuate constantly due to various factors such as economic conditions, geopolitical events, and market sentiment. Therefore, the Yen rate displayed may vary slightly from moment to moment. Rest assured, we strive to provide you with the most accurate and up-to-date Yen exchange rates available. Whether you're converting Yen to Yuan for a vacation or monitoring currency fluctuations for investment purposes, our tool provides reliable data.

When looking at exchange rates, there will be tools you have to use to make your investment decisions. An integral tool is a currency converter. This currency converter will simply convert currency rates to the value of another. The Yen exchange rate used is taken daily from European Central Bank rates.

 

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The Japanese Yen, with currency code JPY, is the official currency of Japan, a country on the continent of Asia. The central bank of Japan is responsible for issuing and regulating the currency.

Bank of Japan is situated in Tokyo and was established in 1882. The main purposes of this bank are to stabilize the price change and maintain the work of the financial systems. BOJ is also in operation to further influence economic growth and stability. As one of the most traded currencies on the FX market, the Yen is seen as a safe-haven currency in times of economic uncertainty. This is supported by the fact that Japan has a large foreign exchange reserve and is stable, and has a stable inflation rate.

 

The official currency of the People’s Republic of China is the Chinese Yuan. The institution that issues and manages this currency is the People’s Bank of China , which has its head office in Beijing. The abbreviation is CNY. Instead, it is denoted as Renminbi , meaning “People’s Currency.”

China is a country in East Asia and is also known to have the largest population in the world. It has the second-largest economy in terms of PPP, according to the IMF. Therefore, its currency is one of the significant ones in the world’s financial markets. In recent years the Chinese government takes actions for the currency’s internationalization.

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