CAD/CNY
Market Open
9 Jun, 18:41
¥
4. 853979
+0.00699
+0.1442%
¥
1,270 Volume
¥ 4.846989
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CADCNY Overview
CADCNY denotes the exchange rate between the Canadian Dollar and the Chinese Yuan, showing how many yuan are required to purchase one Canadian dollar. It tracks cross-border value movements between Canada’s currency and China’s currency and is quoted in terms of CNY per 1 CAD.
The Canadian Dollar (CAD) is the official currency of Canada, widely used across the country and in some offshore contracts. Issued and regulated by the Bank of Canada, the CAD is influenced by domestic economic data, commodity prices and monetary policy decisions made by the central bank.
The Chinese Yuan (CNY), formally the renminbi, is the legal currency of the People’s Republic of China and is managed by the People’s Bank of China. The yuan is central to China’s trade settlement and capital flows, and its valuation reflects a mix of market forces and policy measures implemented by the PBOC.
Movements in the CADCNY rate are driven by relative supply and demand for both currencies, divergences in interest rates, inflation trends and central bank actions. Trade balances, commodity prices (notably oil for Canada), capital controls, and geopolitical developments also play significant roles in shaping the pair.
Market participants monitor CADCNY for trade settlement, hedging exposures between Canada and China, and speculative opportunities arising from macroeconomic shifts and policy announcements.
The Canadian Dollar (CAD) is the official currency of Canada, widely used across the country and in some offshore contracts. Issued and regulated by the Bank of Canada, the CAD is influenced by domestic economic data, commodity prices and monetary policy decisions made by the central bank.
The Chinese Yuan (CNY), formally the renminbi, is the legal currency of the People’s Republic of China and is managed by the People’s Bank of China. The yuan is central to China’s trade settlement and capital flows, and its valuation reflects a mix of market forces and policy measures implemented by the PBOC.
Movements in the CADCNY rate are driven by relative supply and demand for both currencies, divergences in interest rates, inflation trends and central bank actions. Trade balances, commodity prices (notably oil for Canada), capital controls, and geopolitical developments also play significant roles in shaping the pair.
Market participants monitor CADCNY for trade settlement, hedging exposures between Canada and China, and speculative opportunities arising from macroeconomic shifts and policy announcements.
CADCNY Chart
CADCNY FAQ
What is the current CAD/CNY price?
The current rate is ¥4.853979, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the CAD/CNY rate changed today?
The rate has changed by +0.00699 (+0.1442%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was ¥4.846989, which serves as a reference point for measuring daily performance.
What does the daily range indicate?
The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.
Why is CAD/CNY moving up or down?
Movements in CAD/CNY are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+0.1442%) is based on the difference between the current rate and the previous closing rate.
Is CAD/CNY trending up or down right now?
If the current rate (¥4.853979) is above the previous close (¥4.846989), it indicates upward movement. If below, it suggests a downward trend.
Where can I track live rates and charts?
You can monitor real-time rates, charts, and key market data for CAD/CNY directly on this page.
