CNY to JPY

The CNY/JPY exchange rate at a glance

The page you are reading brings together the price relationship between Chinese Yuan (CNY) and Japanese Yen (JPY) and sets it next to the prices that banks, money apps and exchanges actually ask. As of October 30, 2026, 1 CNY buys 23.6352 JPY, and one JPY equals 0.042310 CNY.

That headline number is the interbank mid rate. It is calculated as the middle of what wholesale traders pay for CNY and what they ask for it. Think of it as the cleanest reference you can get: no fee or margin is built in, so few consumer services pass it on unchanged.

What you actually receive comes down to two things: the gap between the provider’s rate and the mid-market rate and the visible transfer or service fee. Further down we show how those costs are built up, show how they add up on a real amount and give concrete ways to keep more of your money when you swap Chinese Yuan for Japanese Yen.

Mid-market rate versus the rate you get

Nearly every bank and app do not convert at the rate of 23.6352 as such. Instead they shift the rate in their own favour and earn on the difference. That gap is called the exchange rate margin. If the margin is 2%, then about 2 out of every 100 CNY never reach the recipient.

Besides the hidden margin, a lot of services charge an explicit fee. That can be a flat charge per payment, a percentage of the amount or a mix of both. On classic bank transfers abroad the receiving or intermediary bank sometimes deducts a charge too, so the recipient gets less than you expected.

Look twice at anything sold as commission-free. In many cases the margin in the rate simply does the work of the fee. The only fair way to compare is the total amount that arrives in JPY for the same amount of CNY, and the comparison table on this page is ranked on exactly that.

Chinese Yuan against Japanese Yen: the last twelve months

Across the last year, the price of CNY in JPY shows a change of +8.89%. In that period the highest level was 24.2055 JPY for one CNY, while the lowest was 21.4997. The current 23.6352 can be measured against those two levels.

That range between high and low shows how much the rate can move in practice. On a large conversion, the moment you choose can make a noticeable difference to what arrives, sometimes more than the choice of provider.

The rate reflects central bank policy, economic data and shifts in risk appetite. These figures describe the past and say nothing about what comes next. If you are waiting for a particular level, use an alert or limit order rather than a hunch.

Where Chinese Yuan and Japanese Yen are used

Chinese Yuan is the currency of China. Japanese Yen is what people pay with in Japan. That is useful to know for anyone who earns in one of these currencies and spends in the other.

People convert CNY to JPY for many reasons: rent or a mortgage abroad, tuition fees, a salary paid in another currency, savings or a holiday. Not every situation needs the same solution: a single big transfer benefits most from a sharp rate, while frequent smaller payments are more sensitive to fixed fees.

The way money is paid out also differs per country. Some recipients expect a bank account number with a local bank code, others an IBAN, and in some places payout to a mobile wallet is the norm. Ask the recipient for the exact details in advance.

Staying safe with bigger CNY to JPY transfers

Only use providers that are regulated. In the UK that means authorisation by the FCA, elsewhere a central bank or financial supervisor. Licensed payment firms must keep customer money separate from their own, which protects you if something goes wrong.

Double-check the recipient details before you confirm. Mistakes are rarely fixed quickly with transfers abroad. Unexpected changes to payment details are a classic warning sign. Call to confirm, using contact details you already had.

Larger transfers often come with additional questions. Providers may ask for proof of where the money comes from, such as a payslip, sale agreement or bank statement. Some services offer better rates or a personal contact for larger transfers. Ask whether you can fix the rate in advance.

How our CNY/JPY comparison works

We start from the live mid-market rate for CNY/JPY. For each provider we apply its published fees and the margin it adds to the rate, to calculate what actually arrives in JPY. In total 8 providers are included, so you can see the differences at a glance.

We update the rates every 30 minutes, and the date on the page shows when the data was last updated. The final price is always set by the provider itself, since markets keep moving.

GoldexPay is independent. Some of the links are affiliate links, which help pay for the site. The order is never affected by them: providers are sorted purely by how much JPY the recipient gets.

SWIFT versus local payout for CNY to JPY

Your regular bank usually sends the money via the SWIFT system. The money can pass through one or more correspondent banks, sometimes taking a fee at each step. Delivery usually takes one to several working days, with the full cost not always known upfront.

Many money transfer apps use a different model. They hold balances in both currencies, which means your payment and the payout both happen domestically. That is often faster and cheaper, with the final JPY amount fixed upfront.

Delivery time depends on several factors: how you pay, the time of day, cut-off times and bank holidays in both countries. New customers sometimes wait a little longer while identity checks are done. Finish verification in advance when a deadline is involved.

A worked example with 5,000.00 CNY

Let’s use a transfer of 5,000.00 CNY. Using the reference rate of 23.6352, that sum sets the ceiling for what any provider could deliver in JPY. No service pays out that exact figure, as costs are deducted somewhere in the process.

Looking at all 8 providers we track, Revolut delivered the most: the recipient gets 117,585.24 JPY after all costs. Whatever is missing compared with the mid-market amount shows the true cost, fees and margin combined.

Keep in mind that rankings shift with the amount you send. Fixed fees weigh heavily on small sums, whereas a percentage margin grows along with the amount. Run your own figure through the converter for a ranking that fits your situation.

How to get a better CNY to JPY rate

Look at the final amount, not just the fee. A small fee on its own says little if the rate is poor. What you want to know is the JPY amount after every cost, which combines margin and fee.

When you pay by card abroad, you can get a choice between your own currency and the local one. That option is known as dynamic currency conversion, or DCC. It usually comes with a steep markup. Always opt to pay in the local currency so your bank or card issuer handles the exchange.

Timing plays a role too. At weekends, with the wholesale market shut, some services add an extra buffer to the rate. If you are not in a hurry, a rate alert or limit order lets you convert automatically once CNY/JPY reaches a level you choose. It takes the guesswork out, though there is no guarantee the rate will get there.

Finally, look at how you pay. Paying by credit card can trigger extra charges, and funding by bank transfer tends to keep costs down. Combining several small payments into one larger transfer reduces what you pay in flat fees.