You are here

Budget Travels: The Cheap Yuan

Error message

  • User warning: The following module is missing from the file system: commerce_product_reference. For information about how to fix this, see the documentation page. in _drupal_trigger_error_with_delayed_logging() (line 1143 of E:\wonders\includes\bootstrap.inc).
  • Warning: file_put_contents(): Filename cannot be empty in file_unmanaged_save_data() (line 1962 of E:\wonders\includes\file.inc).
  • The file could not be created.
  • Warning: file_put_contents(): Filename cannot be empty in file_unmanaged_save_data() (line 1962 of E:\wonders\includes\file.inc).
  • The file could not be created.

Warning message

The subscription service is currently unavailable. Please try again later.
Reddit logo Twitter logo Facebook logo LinkedIn logo Google+ logo
Olaf Malden's picture
Olaf Malden
posted on Monday, January 11th 2016 at 23:38
160
Like this  0
( Travel Info, Currency )

Recently, the Chinese Central Bank is striving towards devaluating the Chinese Yuan. For many people outside of China earning, having and paying with other currencies this means in turn, that all sorts of services in China are getting cheaper.

Comparing major currencies to the Chinese Yuan within the last year shows a favorable development for travellers going to China from abroad, especially for people paying in US Dollars, Euro and the Japanese Yen. Below an overview of historical exchange rates (status today, 12.January 2016):

 

Get over 6.5 CNY for 1 USD now, the highest rate since about 5 years!

 

Up and down and up and down, over 7 CNY are now paid for 1 EUR again after a long downtrend in summer 2015!

 

You'll receive 0.0555 CNY for 1 JPY today, the highest value since end of 2014!

Further websites providing detailed exchange reate overviews for all sorts of currencies are for example

Also check our page internal currency calculator in the sidebar of our Tours or Services pages.