CNY/GBP

Market Open
9 Jun, 18:40
£
0. 110276
-0.000583
-0.5258%
£
1,230 Volume
£ 0.110859
Previous Close
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Day Range
0.109916 0.110864
Year Range
0.081459 0.111066
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CNYGBP Overview

CNYGBP denotes the exchange rate between the Chinese Yuan (CNY) as the base currency and the British Pound Sterling (GBP) as the quote currency. In market terms, the pair expresses how many pounds one unit of Chinese Yuan will buy, and it is used to price cross-border transactions and speculative positions involving these two currencies.

The Chinese Yuan, often referred to as the renminbi (RMB), is the official currency of the People’s Republic of China and is issued by the People’s Bank of China. It is the primary medium of exchange within mainland China and features in international trade and growing global financial linkages.

The British Pound Sterling is the official currency of the United Kingdom and is issued by the Bank of England. As one of the world’s major fiat currencies, the pound plays a central role in international finance, monetary policy, and capital markets.

Movements in the CNYGBP rate are determined by supply and demand in foreign exchange markets and influenced by interest rate differentials, inflation trends, central bank actions from both the PBoC and the Bank of England, and geopolitical developments. Cross-border trade flows, capital movements, and market sentiment also shape short- and long-term price dynamics.

Traders, multinational firms, and investors monitor CNYGBP for hedging exposure, managing import‑export costs, and seeking arbitrage or speculative opportunities tied to shifts in economic policy and global risk appetite.

CNYGBP Chart

CNYGBP FAQ

What is the current CNY/GBP price?

The current rate is £0.110276, reflecting the latest available market price based on global forex liquidity and trading activity.

How much has the CNY/GBP rate changed today?

The rate has changed by -0.000583 (-0.5258%) compared to the previous close, reflecting current forex market activity.

What was the previous closing rate?

The previous close was £0.110859, 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 CNY/GBP moving up or down?

Movements in CNY/GBP are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.

How is the percentage change calculated?

The percentage change (-0.5258%) is based on the difference between the current rate and the previous closing rate.

Is CNY/GBP trending up or down right now?

If the current rate (£0.110276) is below the previous close (£0.110859), 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 CNY/GBP directly on this page.