Convert Chinese Yuan to Turkish Lira
Convert Chinese Yuan (CNY) to Turkish Lira (TRY) using daily updated exchange rates.
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Exchange Rate
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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 Turkish Lira
The Turkish Lira (TRY) is the official currency of Turkey and Turkish Northern Cyprus. Turkey redenominated in 2005, replacing the old Turkish lira at a rate of 1,000,000 to 1 to eliminate the impact of decades of high inflation. The Central Bank of the Republic of Turkey (TCMB) manages monetary policy. Turkey has experienced acute currency crises and high inflation periodically, with significant depreciations in 2018, 2021, and after the earthquake of 2023.
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).