PHP to CNY - Convert Philippine Peso to Chinese Yuan Renminbi (RMB)

Convert PHP to CNY using our currency converter with real exchange rate today

1 PHP = 0.122 CNY

1 CNY = 8.197 PHP

(Mid-market exchange rate)

Last updated Nov 02, 2024 18:48 GMT

PHP to CNY conversion chart

Below is the live and historical Philippine Peso to Chinese Yuan Renminbi (RMB) rate chart so you can see today's rate - and how the rates have changed over time.

1 PHP = 0.122 CNY

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1,000 Philippine Peso to Chinese Yuan Renminbi (RMB) stats | PHP to CNY

Stat Last 7 days Last 30 days Last 90 days Last year Selected period on chart
High 0.123 0.125 0.127 0.131 0.125
Low 0.122 0.122 0.122 0.122 0.122
Average 0.122 0.123 0.125 0.126 0.123
Volatility 0.82% 2.46% 4.1% 7.38% 2.46%

What is the Philippine Peso worth against the Chinese Yuan Renminbi (RMB) today?

1 PHP is worth 0.122 CNY today

How much is 1,000 PHP worth in CNY?

At the current exchange rate of 0.122 , a sum of 1,000 Philippine Peso is worth 122 Chinese Yuan Renminbi (RMB).

Which currency is stronger? PHP or CNY?

The Chinese Yuan Renminbi (RMB) is currently stronger than the Philippine Peso given that 1 CNY is equal to 8.197 PHP. Conversely, 1 PHP is worth 0.122 CNY.

Overview of PHP to CNY Performance and Trends

Today, to buy 1,000 Philippine Peso, you need 122 Chinese Yuan Renminbi (RMB). On the same date last year, you needed 129 Chinese Yuan Renminbi (RMB) for 1,000 Philippine Peso. This change indicates that the Philippine Peso has lost value against the Chinese Yuan Renminbi (RMB) by 5.43% over the past year.

The pair experienced moderate volatility of 7.38%.

Moderate volatility means there is a moderate risk of price changes. It represents a balance of potential gains and risks.

PHP to CNY Currency Performance and Volatility

Last 7 Days

  • Performance: ₱1,000 varied between 元0.122 (weekly low) and 元0.123 (weekly high), a variance of 元0.001 .
  • Volatility: Fluctuated by 0.82%.

Last 30 Days

  • Performance: ₱1,000 varied between 元0.122 (30-day low) to 元0.125 (30-day high), a variance of 元0.003 .
  • Volatility: Fluctuated by 2.46%.

Last 90 Days

  • Performance: ₱1,000 varied between 元0.122 (90-day low) to 元0.127 (90-day high), a variance of 元0.005 .
  • Volatility: Fluctuated by 4.1%.

Last Year

  • Performance: ₱1,000 ranged from 元0.122 (yearly low) to 元0.131 (yearly high), a variance of 元0.009 .
  • Volatility: Fluctuated by 7.38%.

PHP to CNY Forecast and trending

Is the Philippine Peso going up or down against the Chinese Yuan Renminbi (RMB)?

Today's PHP to CNY exchange rate (0.122) is smaller compared to yesterday's rate (0.122).

Currency information

PHP - Philippine Peso

The currency code for Philippine Peso is PHP.

The PHP currency symbol is ₱.

Minor unit: 1/100 = Sentimo

PHP rank by most traded currencies: 31

Avg proportion of daily world trade volume: 0.10%

PHP rank by strongest currencies (buying power): 82

The Philippine Peso is the currency of 1 countries:
Philippines

More Philippine Peso (PHP) information >

CNY - Chinese Yuan Renminbi (RMB)

The currency code for Chinese Yuan Renminbi (RMB) is CNY.

The CNY currency symbol is 元.

Minor unit: 1/10 = Jiao

CNY rank by most traded currencies: 5

Avg proportion of daily world trade volume: 3.50%

CNY rank by strongest currencies (buying power): 46

The Chinese Yuan Renminbi (RMB) is the currency of 1 countries:
China

More Chinese Yuan Renminbi (RMB) (CNY) information >

Understanding PHP to CNY Currency Exchange: Our Top Tips

Let's look at some practical information, ideas and tips to help you make sure you can get the most from your money when you convert Philippine Peso to Chinese Yuan Renminbi (RMB), to send a payment, for a trip overseas, when shopping online or to hold a balance in Chinese Yuan Renminbi (RMB).

How to convert PHP to CNY?

You can convert Philippine Peso to Chinese Yuan Renminbi (RMB) either in a physical location or online. If you choose to exchange money at a currency exchange store, bank or at the airport, you'll be given your Chinese Yuan Renminbi (RMB) in cash. Or, you can choose to convert digitally, to send a payment overseas for example.

If you're exchanging money in a physical location you'll usually need to take the following steps:

  • Choose an exchange service that suits your needs
  • Head there with the money in Philippine Peso cash to exchange
  • Get a quote for the exchange rate and any commission or fee you need to pay
  • Hand over your money and receive your Chinese Yuan Renminbi (RMB) in cash

Exchanging your money digitally is often easier. As an example, here's how to send a payment overseas:

  • Choose an international payment service that suits your needs and head to their desktop site, or download their app
  • Tap Send Payment
  • Enter the amount in Philippine Peso you want to send, or the amount in Chinese Yuan Renminbi (RMB) you want your recipient to get in the end
  • You'll be shown a quote for the exchange rate and any commission or fee you need to pay
  • Choose your preferred payment method, and follow the prompts to pay
  • Your money will be deposited to your recipient's bank account directly, in Chinese Yuan Renminbi (RMB)

How to get the best PHP to CNY exchange rate?

Because banks, currency exchange offices and international payment services all set their own exchange rates, you'll need to shop around a little to find the best PHP to CNY exchange rate for your specific transaction.

Get to know the PHP/CNY mid-market exchange rate using reputable currency conversion tools, so you'll be able to see how the market is trending. You can often set up rate alerts so the service you choose will send you a message when the PHP/CNY mid-market exchange rate hits your preferred level. Once you see a rate you like, act fast to complete your transaction before markets move again.

Another smart option is to open a multi-currency account which lets you hold a selection of major world currencies, often including Philippine Peso and Chinese Yuan Renminbi (RMB). This can be helpful if you transact internationally often, live overseas, receive payments from abroad, invest in diverse markets or even if you simply love to shop online with international retailers. Because you can hold a balance in the currency or currencies of your choice, there's no need to convert from one currency to another unnecessarily - you can wait until exchange rates are favorable to avoid losing out.

How to buy Philippine Peso with Chinese Yuan Renminbi (RMB)?

You'll be able to exchange Chinese Yuan Renminbi (RMB) to Philippine Peso in the same way as you'd exchange Philippine Peso to Chinese Yuan Renminbi (RMB). If you have Chinese Yuan Renminbi (RMB) in your pocket in cash, you can take them along to a currency exchange service and ask if they'll buy back in exchange for Chinese Yuan Renminbi (RMB). Be aware that the exchange rate might not be great - so coming back from a trip with as little foreign cash as possible is a smart plan.

On the other hand, if you hold Philippine Peso in a bank or specialist provider account, you'll be able to take advantage of online currency exchange services which can often offer fast, efficient and good value conversion which uses a better rate than a bank would.

Where to exchange PHP to CNY?

You can exchange currencies in person at a currency exchange store, bank or airport, or use an online service instead. It's helpful to know that in person currency exchange options can offer a pretty poor deal overall, as exchange rates commonly include a markup - an extra fee. If you're exchanging somewhere with little local competition - like at an airport or hotel, for example - the chances are that the rate you get will be even worse.

A good alternative is to open a multi-currency account which lets you hold and exchange currencies digitally - and if you pick an account which also offers a linked debit card, you can make ATM withdrawals at home and abroad whenever you need cash. Digital specialist services can often offer a better exchange rate with lower overall costs compared to using your bank or exchanging cash in person - plus they're intuitive to use and let you manage your money with just your phone.

Frequently asked questions when converting Philippine Peso to Chinese Yuan Renminbi (RMB) (PHP to CNY)

How much is the Philippine Peso to Chinese Yuan Renminbi (RMB)?

The Philippine Peso to Chinese Yuan Renminbi (RMB) exchange rate today is 0.122 . Use this guide to learn more about exchanging PHP to CNY in the easiest and best value way for your specific needs.

How much is 1,000 Philippine Peso to the Chinese Yuan Renminbi (RMB)?

The PHP to CNY rate today is 0.122 . That means that 1,000 Philippine Peso would be worth 122 Chinese Yuan Renminbi (RMB).

How to exchange Philippine Peso to Chinese Yuan Renminbi (RMB)?

Exchange PHP to CNY in person at a bank, currency exchange store or airport - or for a better exchange rate and to avoid standing in line in a physical store, use a digital service. Online currency exchange services are safe, intuitive and easy to use, to send payments internationally, or hold and exchange multiple currencies including PHP to CNY.

How to send money to China?

If you want to send money from Philippines - or anywhere else in the world - to China, you'll be able to do so through your bank or an online specialist service like Wise. Specialist international money transfer services can often offer better exchange rates and lower overall costs for payments to China - plus, you'll be able to get everything arranged with just your laptop or phone.

What is the Mid-Market Rate?

The mid-market exchange rate is the rate that banks and currency exchange services get when they buy and sell currencies like Chinese Yuan Renminbi (RMB) and Philippine Peso on wholesale markets. It's an important benchmark you can use to measure whether the exchange rate you're offered by a bank or exchange service is fair.

Usually banks and exchange services add a percentage margin - known as a markup - to the exchange rate they get themselves. But this markup can vary a lot, and in some cases pushes up the cost of currency exchange significantly. Learning about the mid-market rate and monitoring it can mean you get a better deal when you exchange currencies.

Get the live Philippine Peso to Chinese Yuan Renminbi (RMB) exchange rate with our handy tools, to help you compare your options.

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