Convert Chinese Yuan to Uruguayan Peso
Convert Chinese Yuan (CNY) to Uruguayan Peso (UYU) 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 Uruguayan Peso
The Uruguayan Peso (UYU) is the official currency of Uruguay, one of Latin America's most stable, prosperous, and democratic nations. The current peso was introduced in 1993, replacing the nuevo peso at a rate of 1,000 to 1 following a period of inflation. The Banco Central del Uruguay manages monetary policy with a floating exchange rate. Uruguay has a well-developed economy with high per capita income relative to regional peers, driven by agriculture (soybeans, beef, dairy, rice, wool), financial services, software exports, and tourism.
Quick Reference Table
| Chinese Yuan (CNY) | Uruguayan Peso (UYU) |
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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).