Convert Chinese Yuan to Brazilian Real
Convert Chinese Yuan (CNY) to Brazilian Real (BRL) using daily updated exchange rates.
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Exchange Rate
Exchange rates are updated daily.
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About Chinese Yuan
The Chinese Yuan (CNY), also known as the Renminbi (RMB, meaning "people's currency"), is the official currency of the People's Republic of China. Introduced in 1949 when the People's Republic was founded, it replaced multiple currencies issued by various warlords and governments. The People's Bank of China manages monetary policy using a managed floating exchange rate with reference to a basket of currencies. The yuan became an IMF Special Drawing Rights (SDR) reserve currency in 2016, recognising China's role as the world's second largest economy.
About Brazilian Real
The Brazilian Real (BRL) was introduced on 1 July 1994 as a cornerstone of the Plano Real economic stabilisation programme, which successfully ended decades of hyperinflation that had reached over 2,000% annually. The name "real" means "royal" in Portuguese and also "real" as in genuine. The Banco Central do Brasil manages monetary policy. Brazil has the largest economy in Latin America and the ninth largest globally. The real is divided into 100 centavos. The BRL is one of the most important emerging market currencies and is heavily traded in global forex markets.
Quick Reference Table
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).