JPY to CNY mid-rate = 0.061651
Right now the JPY/CNY market mid-rate is 0.061651 and represents ideally how many Chinese Yuan you can get for one Japanese Yen.
You can calculate equivalent Japanese Yen to Chinese Yuan currency amounts (at mid-rate) below. Then select the transaction type to compare the best exchange rates available for JPY to CNY transfers or buying CNY travel money.
Currency Converter JPY to CNY
|1 JPY||0.0617 CNY|
|5 JPY||0.3083 CNY|
|10 JPY||0.6165 CNY|
|20 JPY||1.2330 CNY|
|50 JPY||3.0826 CNY|
|100 JPY||6.1651 CNY|
|250 JPY||15.41 CNY|
|500 JPY||30.83 CNY|
|1,000 JPY||61.65 CNY|
|2,000 JPY||123.30 CNY|
|5,000 JPY||308.26 CNY|
|10,000 JPY||616.51 CNY|
|50,000 JPY||3,082.55 CNY|
|CNY Country Guides|
Japanese Yen to Chinese Yuan (JPY-CNY) - 10 Year History
The below table shows the historic variation in the JPY/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.
|14 Oct 2018||0.0617||1 Week|
|21 Sep 2018||0.0609||1 Month|
|24 Apr 2018||0.0580||6 Months|
|21 Oct 2017||0.0583||1 Year|
|21 Oct 2016||0.0651||2 Years|
|22 Oct 2013||0.0621||5 Years|
|23 Oct 2008||0.0704||10 Years|
The three things you need in order to get a good JPY to CNY exchange rate
- Know the latest JPY/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.
- Compare your Bank's transaction costs
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.
- Review up-to-date Currency News and Forecasts for both the and currencies, if available.
Transaction Costs - Margins and Fees for JPY/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 JPY to CNY.
Sending a LARGER international money transfer? Request a Free Multi-Vendor Quote
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➔ Sending JPY 100,000 to CNY
Average Bank Rate
Rate timestamp : 1:27 Local
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.
Currency News, Research and Forecasts for Japanese Yen 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 JPY vs CNY, you should pay attention to both Japanese Yen and Chinese Yuan news and forecasts.
Japanese Yen (JPY) - Market news and forecasts
The yen has fallen steadily against the US dollar since March. By October 1st, the day of this report, it had reached a ten-month low of ¥114, mainly as monetary policies in the US and Japan continue to diverge. The yen also fell to an eight-month low versus the trade deal-boosted Canadian dollar (¥89.17) but was largely unchanged in the March-September period against other major currencies.
With Japanese monetary policy remaining dull and extremely loose (Japan continues to pursue inflation via extremely low interest rates), the source of yen upside for the remainder of 2018 is likely to be restricted to possible event risk, which might come in the form of a no-deal Brexit, negative political developments in Italy or heightened trade tensions between the US and China.
In October, Japanese Prime Minister Shinzo Abe stands in an LDP leadership contest. Should Abe fail in his bid to secure a third term as leader (highly unlikely), the yen would gain on speculation of a change in economic policies.
In October, Citibank offered 6-12-month yen forecasts of ¥114 to the US dollar, unchanged on its rate at the time of writing, and ¥128 to the euro—¥131.3 as of writing.
Chinese Yuan (CNY) - Market news and forecasts
The Chinese yuan struck a 21-month low against the dollar in October, at 6.941.
A move to and perhaps through 7.0 to the dollar, which remains a symbolic level for many, is likely within the next nine months, according to FX traders polled by Bloomberg in mid-October. 7.0 hasn’t been seen since 2008.
A number of important economic developments in 2018 have worked to reduce demand for Chinese goods and investments, and therefore for the yuan.
Chief among these developments is US trade protectionism. Massive tariffs make Chinese goods more expensive to American buyers, which lessens their appeal and necessitates a weaker yuan.
A tumbling Chinese stock market isn’t helping either. While US stocks were slightly higher on the year at the time of this report (October-19), the Shanghai Composite index was down a massive 25 percent! Investors, therefore, no longer want to buy into Chinese companies and have one less reason to exchange local currency into yuan.
Also weighing on the yuan in October was official third-quarter data, which showed Chinese GDP growth at a nine-year low of 6.5 percent.
Why can't I just get the same JPY/CNY market rate I see on Google or in the Media?
The JPY/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 JPY / CNY was traded (bought or sold) in the international markets.
When you look up the current Japanese Yen 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 JPY 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 JPY 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 Japanese Yen cross rates and reviews of leading foreign exchange providers versus the Banks.