Chinese Yuan (CNY)
EUR/CNY
Current exchange rate
1 EUR = 7.7489 CNY
Previous close
7.7762
Inverse rate
0.129051
Rate date
2026-09-14
Quick conversion table
About Chinese Yuan
The EUR/CNY exchange rate is published daily by the Bank of Portugal based on reference data from the European Central Bank. It is the official reference rate used for accounting, tax and statistical purposes in Portugal.
History and Economic Context
The Chinese yuan, officially the renminbi, is the currency of the world's second largest economy. The People's Bank of China manages the exchange rate under a managed float regime, with a daily reference band.
Relationship with the Euro
The EUR/CNY rate is influenced by EU-China trade relations, Chinese exchange rate policy and geopolitical tensions. The internationalisation of the renminbi has been gradual but steady.
Relevance for Portuguese Businesses
China is Portugal's main Asian trading partner. Companies that import Chinese products or receive Chinese investment need to track this rate for invoicing and accounting.