CNH to JPY Exchange Rate

🔄 Switch to JPY/CNH currency pair.

Live Rate: 23.1375 (-)
1 CNH = 23.1375 JPY · 1 JPY = 0.04322 CNH
Last updated: September 16, 2026
Today's Date: September 16, 2026


CNH/JPY Chart (Hourly)

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Base: CNH Second: JPY

CNH to JPY conversion table

CNH JPY JPY → CNH
1 CNH 23.1375 JPY 0.04322 CNH
5 CNH 115.688 JPY 0.21610 CNH
10 CNH 231.375 JPY 0.43220 CNH
25 CNH 578.438 JPY 1.0805 CNH
50 CNH 1,156.88 JPY 2.1610 CNH
100 CNH 2,313.75 JPY 4.3220 CNH
500 CNH 11,568.77 JPY 21.6099 CNH
1,000 CNH 23,137.53 JPY 43.2198 CNH
5,000 CNH 115,687.65 JPY 216.099 CNH
10,000 CNH 231,375.31 JPY 432.198 CNH

CNH/JPY over the last 12 months

52-week range 20.4676 – 23.9784 (currently 76.0% of range)
Change, 30 days-2.13%
Change, 90 days+0.21%
Annualised volatility6.6%
50-day average 23.6026 (rate is below)
200-day average 23.1675 (rate is below)

What moves CNH/JPY?

Chinese Yuan Renminbi (offshore) (CNH)

  • The CNH–CNY basis, which widens when sentiment on China shifts
  • Offshore CNH liquidity and HIBOR-equivalent CNH funding rates
  • PBoC bill issuance in Hong Kong to tighten offshore supply

Japanese Yen (JPY)

  • BoJ policy rate and yield curve control settings
  • The US–Japan yield gap, the dominant driver of USD/JPY
  • Safe-haven demand — the yen typically rallies in risk-off periods

About these currencies

Chinese Yuan Renminbi (offshore) (¥)

Issuing authority
Freely traded offshore; PBoC influences via liquidity operations
Exchange-rate regime
Freely convertible offshore, tracks CNY with a basis spread
Minor unit
fen (100)

Hong Kong is the primary offshore renminbi centre, so CNH is the rate most HK institutions actually transact at.

Japanese Yen (¥)

Issuing authority
Bank of Japan (BoJ)
Exchange-rate regime
Free-floating
Minor unit
sen (100, unused)

Widely held by HK investors and heavily used for travel.

Convert CNH to JPY

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Exchange History