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Rate Yuan chinezesc CNY BNR

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Where to exchange CNY

Bank You buy CNY You sell CNY Spread Type
Eximbank Romania
0.6580 0.6965 5.85% account

Indicative rates — check the bank's official website before transacting.

Fintech, cards and transfers — CNY

Fintech cards (Revolut, Wise, N26...), payment networks (Mastercard, Visa) and international transfer services for CNY/RON.

Provider Status You buy CNY You sell CNY Spread Category
Wise
LIVE 0.6753 0.6753 0.00% card
Mastercard
LIVE 0.6707 0.6843 2.03% network
N26 ↪EUR
LIVE 0.6707 0.6843 2.03% card
Visa
LIVE 0.6694 0.6856 2.42% network
Paysera ↪EUR
IBAN RO 0.6673 0.6877 3.06% card est.
Monese ↪EUR
LIVE IBAN RO 0.6639 0.6911 4.10% card
MoneyGram
LIVE 0.6551 0.6999 6.84% transfer
Western Union
LIVE 0.6538 0.7012 7.25% transfer
PayPal ↪EUR
LIVE 0.6504 0.7046 8.33% transfer

Spread = half-spread relative to BNR. Services marked with ↪EUR perform double conversion via EUR when they lack direct RON support.

History CNY/RON (last 30 days)

Week Mon Tue Wed Thu Fri

About Yuan chinezesc (CNY)

The Chinese yuan (CNY) is the currency of the People's Republic of China. China is the world's second-largest economy and the largest exporter. The yuan's exchange rate is partially controlled by the PBOC. CNY is important for Romania's international trade with China.

Country/Zone
China
Central Bank
People's Bank of China (PBOC)
Symbol
¥
Denominations
Banknotes: 1, 5, 10, 20, 50, 100 CNY. Coins: 1 jiao, 5 jiao, 1 yuan.

⚠ How to recognize counterfeit banknotes of CNY

1
Watermark: Mao Zedong's portrait visible when held up to light.
2
Security thread: Metallic thread with microtext and color-shifting effect.
3
OVI ink: The number 100 changes color when tilted (on the 100 CNY banknote).
4
UV: Fluorescent colored fibers visible under ultraviolet light.
Important: If you suspect you have a counterfeit banknote, do not try to use it. Take it to the nearest bank or police station.

Import/Export rules CNY — Romania and EU

↓ Import (entry into Romania)

China is not in the EU. Declare the equivalent of 10,000 EUR at the EU external border.

↑ Export (exit from Romania)

When leaving China, the limit is 20,000 CNY. Foreign currency: up to $5,000 equivalent without declaration.

EU EU rules

China is a third country. Mandatory declaration at EU external borders (10,000 EUR equivalent).

General EU rule: Any person entering or leaving the EU with cash amounts of 10,000 EUR or equivalent must declare them at customs (EU Regulation 2018/1672). Non-declaration can lead to confiscation of the amount and fines.

Banknotes CNY in circulation

Value Size Color Theme / Portrait Duration
1 CNY 130 x 63 Olive green Mao Zedong ~2 years
5 CNY 135 x 63 Purple Mao Zedong ~3 years
10 CNY 140 x 70 Blue Mao Zedong ~4 years
20 CNY 145 x 70 Brown Mao Zedong ~5 years
50 CNY 150 x 70 Green Mao Zedong ~7 years
100 CNY 155 x 77 Red Mao Zedong ~10 years
Material
90% cotton + 10% synthetic fiber
Durability
1 CNY banknote wears out in ~2 years; 100 CNY lasts ~10 years

Coins CNY in circulation

Value Material Weight Diameter
1 jiao Nickel-plated steel 3.2g 19.0mm
5 jiao Copper-plated steel 3.8g 20.5mm
1 yuan Nickel-plated steel 6.1g 25.0mm

🔍 Banknotes CNY easily confused

All CNY banknotes

All feature Mao Zedong's portrait on the front — easily confused at a quick glance

TIP Differentiate by color: 1 (green), 5 (purple), 10 (blue), 20 (brown), 50 (dark green), 100 (red)
50 CNY and 1 CNY

Both are green; although sizes differ, they can be confused at a quick glance

TIP The red 100 CNY is the easiest to identify — it is the most commonly used banknote

Monetary policy — People's Bank of China (PBOC — Banca Populara a Chinei)

Headquarters
Beijing, China
Founded
1948
Inflation target
~3% (flexible target set annually by the State Council)
Decision frequency
PBOC adjusts instruments continuously; no fixed public meetings
Main tools
● Medium-term Lending Facility (MLF) rate
● Loan Prime Rate (LPR) — benchmark lending rate
● Reserve Requirement Ratio (RRR)
● Open market operations
● Exchange rate control (managed float)
Independence: PBOC is NOT independent — it is subordinate to China's State Council

The role of CNY in the global economy

World reserves
~2.5% of global foreign exchange reserves (growing)
Daily volume
~$500 billion/day
SWIFT share
~4.7% of SWIFT payments (surpassed JPY in 2023)
World rank
Fifth most traded currency; rapidly rising

Countries where CNY is the official currency

People's Republic of China
Also used in: Used in bilateral trade with multiple countries (Russia, Saudi Arabia, Iran)

🛃 Cash transport limit CNY without declaration

No declaration
Under 20,000 CNY (cash) or equivalent $5,000 (foreign currency)
Declaration required
Over 20,000 CNY or equivalent $5,000 when entering/leaving China
Regulation: PBOC and China Customs Administration regulations
Penalties: Confiscation, fines, and possible travel restrictions

Advantages of CNY as a currency

✔ World's 2nd largest economy — China is the world's largest exporter
✔ Rising as an international currency — included in the IMF SDR basket since 2016
✔ Digital yuan (e-CNY) — China is a global leader in CBDC (central bank digital currency)
✔ Important for Romania-China trade — significant imports

💡 Fun facts about CNY

1
ALL current Chinese banknotes feature the portrait of Mao Zedong (1893-1976) — it is the only major country where the same political leader appears on every denomination
2
The ¥ (yuan) symbol is visually identical to that of the Japanese yen — both derive from the Chinese character 元 (yuan), as the Japanese yen was modeled after the Chinese monetary system
3
China invented paper money during the Song Dynasty (10th-11th centuries) — the first 'jiaozi' (交子) appeared in Sichuan province around 1024, 600 years before Europe
4
The People's Bank of China (PBOC) was established in 1948, one year before the proclamation of the People's Republic; China's first modern bank was the Imperial Bank of China (1897)
5
The reverse of the 100 CNY banknote features the Great Hall of the People in Beijing, and the 50 CNY banknote features the Potala Palace in Lhasa, Tibet
6
The digital yuan (e-CNY) is the world's most advanced central bank digital currency (CBDC) project — tested by over 260 million Chinese by 2024
7
The 1 CNY banknote is the only Chinese banknote still available in a cotton paper version — the others have switched to synthetic fiber substrate

⛓ Crypto and currency exchange regulation — China

Crypto status
BANNED — all crypto transactions and mining have been illegal since September 2021
Regulatory authority
PBOC (People's Bank of China) + 9 other government agencies
Exchange/currency exchange license
Not issued — all crypto exchanges are banned; Binance, Huobi, and other platforms were forced to leave China
Crypto taxation
Not applicable — crypto activities are illegal; no tax framework exists since transactions are prohibited
AML / KYC
Not applicable for crypto (banned); for the traditional financial system, strict AML/KYC rules via PBOC
China completely banned crypto trading, mining, and any related services in September 2021; instead, it actively promotes the digital yuan (e-CNY / DCEP) — the world's most advanced CBDC project, tested by over 260 million users; violating the crypto ban can lead to severe criminal penalties

💰 How much does 1,000,000 CNY (~127,000 EUR)?

Banknotes
10.000
banknotes of 100 CNY
Weight
11.5 kg
China is advancing toward digital payments (e-CNY) precisely to eliminate this problem
Volume
A stack ~110 cm high
Requires a medium suitcase — similar to 1M USD