Best Exchange Rates
Best Exchange Rates

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EUR to CNY

Euro to Chinese yuan - Calculate Compare Save

EUR to CNY market mid-rate: 7.8175

Right now the EUR/CNY market rate is 7.8175 and represents ideally how many Chinese yuan you can get for one Euro.

You can calculate equivalent currency amounts with this rate below. Then select the transaction type to compare the best exchange rates available.

Currency Converter EUR to CNY

¥
1 EUR equals
7.8175 CNY 1EUR=0.1279 CNY

Compare how much you can save on exchange rates for:

Foreign Transfers    Travel Money

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3 Month EUR/CNY Chart
EUR-CNY 3 Month chart

Euro

Chinese yuan

1 EUR 7.8175 CNY
5 EUR 39.09 CNY
10 EUR 78.18 CNY
20 EUR 156.35 CNY
50 EUR 390.88 CNY
100 EUR 781.75 CNY
250 EUR 1,954.38 CNY
500 EUR 3,908.75 CNY
1000 EUR 7,817.50 CNY
2000 EUR 15,635.00 CNY
5000 EUR 39,087.50 CNY
10000 EUR 78,175.00 CNY
50000 EUR 390,875.00 CNY

Euro

Chinese yuan

0.1279 EUR 1 CNY
0.6395 EUR 5 CNY
1.2790 EUR 10 CNY
2.5580 EUR 20 CNY
6.3950 EUR 50 CNY
12.79 EUR 100 CNY
31.98 EUR 250 CNY
63.95 EUR 500 CNY
127.90 EUR 1000 CNY
255.80 EUR 2000 CNY
639.50 EUR 5000 CNY
1,279.00 EUR 10000 CNY
6,395.00 EUR 50000 CNY

Euro to Chinese yuan (EUR-CNY) - 10 Year History

The below table shows the historic variation in the EUR/CNY exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour.

DateExchange RatePeriodChange
17 Jul 20187.8225Latest
10 Jul 20187.77651 Week+0.59%
17 Jun 20187.47441 Month+4.66%
18 Jan 20187.85556 Months-0.42%
17 Jul 20177.76711 Year+0.71%
17 Jul 20167.39122 Years+5.84%
18 Jul 20138.05965 Years-2.94%
19 Jul 200810.794510 Years-27.53%

The three things you need in order to get a good EUR to CNY exchange rate

  1. Know the latest EUR/CNY market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Transaction Costs - Margins and Fees for EUR/CNY Transfers and Currency Exchange

The transaction margin from the mid-rate you will be charged by your bank or foreign exchange provider plus any fixed or percentage fees. These margins and fees will vary significantly for International Money Transfers and Travel Money transactions.

You can see a sample of the margins from mid-rate in the table below which shows an example of the costs charged by FX specialist and the average bank rate when sending money transfers from EUR to CNY.

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Sending EUR 5,000 to CNY

OFX logo OFX
1EUR=7.592CNY
¥37,960 CNY (2.86%)
Book & track your foreign transfers online (24/7) with industry best rates for all your deals - not just the first one! Lock in exchange rates with Spot & Forward Deals. BestExchangeRates users get the transfer fees waived.
Price Details
Receive: ¥37,960 CNY
Exchange Rate: 7.5920
(Inverse 1CNY=EUR 0.1317)
Fees: EUR 0
Total Cost : 2.86% (from mid-rate: 7.8159)
This is the amount of money that could be received by your transfer at rate EUR/CNY=7.592 and inclusive of the fee of EUR 0.
Rate timestamp : Tue Jul 17 2018 23:16:46 GMT+0000 (UTC)
Bank Rates - Average
1EUR=7.3184CNY
¥36,504 CNY (6.59%)
This is the average EUR to CNY International Transfer exchange rate and fees from multiple banks for FX rates available over the counter and also via Internet Banking.

 
Price Details
Receive: ¥36,504 CNY
Exchange Rate: 7.3184
(Inverse 1CNY=EUR 0.1366)
Fees: EUR 12
Total Cost : 6.59% (from mid-rate: 7.8159)
Receive CNY ¥1,456 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate EUR/CNY=7.3184 and inclusive of the fee of EUR 12.

The below table shows an example of the margins and possible savings when you order travel money online with a currency specialist versus the average bank, kiosk or post office rate to buy foreign cash.

Travel Money Exchange Rates Compared

Buying CNY Cash with EUR 2,000

Bank Rates - Average
1EUR=6.4601CNY
¥12,791 CNY (18.17%)
This is the average EUR to CNY Buy Foreign Cash exchange rate from multiple banks, exchange kiosks and post-offices, available over the counter and via the internet.

 
Price Details
Receive: ¥12,791 CNY
Exchange Rate: 6.4601
(Inverse 1CNY=EUR 0.1548)
Fees: EUR 20 (1%)
Total Cost : 18.17% (from mid-rate: 7.8159)
Amount of money that could be received by your currency exchange at rate EUR/CNY=6.4601 and inclusive of the fee of EUR 20 (1%).

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time comparison calculators make shopping around easy and help you calculate how much you can save.

Why can't I just get the same EUR/CNY market rate I see on Google or in the Media?

The EUR/CNY mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the EUR / CNY was traded (bought or sold) in the international markets.


When you look up the current Euro to Chinese yuan exchange rate on the web the figure you find quoted on sites like google or mentioned on TV is commonly referred to as the mid-market rate.

Getting a great EUR to CNY mid-market rate is all about timing, so unless you are able to wait, watch and time the market this is largely beyond your control. This rate will go up and down with varying amounts of volatility depending on the currency pair.

This mid-market rate is really only a reference and is just the starting point for calculating the actual rate you will get for your transaction, luckily we can also use this same rate to determine how good a deal a rate that a provider offers you actually is.

You can use our EUR to CNY currency converter to calculate equivalent amounts in each currency using the latest mid-market exchange rates. Then choose your transaction type for specific Euro cross rates and reviews of leading foreign exchange providers versus the Banks.


Currency News, Research and Forecasts for Euro and Chinese yuan

Whenever you are interested in an exchange rate you are actually interested in two currencies due to the fact that the value of a currency must always be quoted in comparison to a second currency.

So it follows that if you are determining the best time to transact, in this case the EUR vs CNY, you should pay attention to both Euro and Chinese yuan news and forecasts.

Euro (EUR) - Market news and forecasts

On June 14th, the euro had one of its worst days in recent memory after the ECB signalled it would leave interest rates unchanged at 0.0 percent until the latter stages of 2019. A day later (the day of this report), the euro was trading in the mid-$1.15s versus the dollar and looked set to lose more of its value (earlier in the year it had traded in the mid-$1.25s), and had fallen towards the bottom end of its long-term trading range against the pound, at £0.873.

The ECB did at least announce it would phase out quantitative easing in Europe, which kept the euro’s losses within reasonable limits. QE will be terminated at the end of the year.

Goldman Sachs described the June ECB meeting as a “material negative for the euro.”

Prior to the ECB decision, Danske Bank had estimated a median price for EUR/USD in H2 2018 of 1.18; the bank saw a return to the 1.20s as unlikely in the near term (that's almost certain after the ECB meeting). Danske had predicted a “foot-dragging” ECB that would be “reactive rather than active.”

Chinese yuan (CNY) - Market news and forecasts

Trade developments have dominated yuan news flow in recent months. The yuan weakened to an 11-month low relative to the US dollar in early July, at 6.7. The yuan underperformed other Asian currencies in the month leading up to this report but had recovered slightly versus the dollar to levels around 6.65 (July-11).

Washington announced in July that it would impose tariffs on $200 billion worth of Chinese goods, adding to tariffs announced days earlier on products worth $34 billion. The Chinese will likely retaliate with tit-for-tat tariffs of their own. A trade war between the world’s two largest economies will strike a blow to global growth, say analysts.

Investec economist Ryan Djajasaputra predicted in July that the yuan would strengthen to 6.35 per dollar by year-end. He predicted stability in trade and the end of the dollar uptrend. Citibank forecast 6.37 over 6-12 months.