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1 Chinese Yuan to Bitcoin

Updated 3 minutes ago
Convert 1 CNY:BTC
 CNY =
    BTC
 Chinese Yuan =  Bitcoins
Trending: CN¥ exchange rates for the last 24 hours
  • CNY/USD 0.138015 -0.00289656
  • CNY/EUR 0.129052 -0.00091142
  • CNY/JPY 21.819449 0.93847302
  • CNY/GBP 0.110518 -0.00046579
  • CNY/CHF 0.126267 0.00446828
  • CNY/MXN 2.368348 -0.05167525
  • CNY/INR 11.510772 -0.20156657
  • CNY/BRL 0.706125 0.01358297

CNY/BTC exchange rate analysis over the past 90 days

Chinese Yuan to Bitcoin exchange rate: Over the last 90 days, the Chinese Yuan weakened by -52.83% against the Bitcoin, declining from ₿0.000003 to ₿0.000002 per Chinese Yuan. This trend reflects the evolving economic dynamics between the China and the Worldwide. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between China and Worldwide.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between China and Worldwide.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the China or Worldwide.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the China relative to the Worldwide.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

cny/btc Historical Chart

CN¥
Chinese Yuan Currency

Country: China

Symbol: CN¥

ISO Code: CNY

Bank: People's Bank of China

Interesting fact about Chinese Yuan

The Chinese Yuan (CNY) is the official currency of China, issued by the People's Bank of China. It was first introduced in 1948 and has since undergone several reforms to become more market-oriented. The Yuan is significant in China as it plays a crucial role in the country's economic growth and global trade, and it serves as a symbol of China's economic power and influence in the international marketplace.

Bitcoin Currency

Country: Worldwide

Symbol:

ISO Code: BTC

Bank: Decentralized

Interesting fact about Bitcoin

Bitcoin (BTC) is a digital currency that was introduced in 2009 by an anonymous person or group named Satoshi Nakamoto. It operates without a central authority or government control, using a decentralized ledger called blockchain. Bitcoin allows for peer-to-peer transactions, offering security, transparency, and lower fees than traditional financial systems. Its significance lies in being the first successful cryptocurrency, inspiring the development of thousands of alternative digital currencies and sparking a revolution in financial technology.

Quick Conversion Guide

Frequently Asked Questions

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The Chinese Yuan to Bitcoin exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 CNY to BTC is ₿0.
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Yes, our site provides historical charts that show the trends and fluctuations in the Chinese Yuan to Bitcoin exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.