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Maker to Chinese Yuan Converter and calculator

Convert 1Maker (MKR) to Chinese Yuan (CNY) equals ¥ 14,304.14 | Bitget
Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Maker(MKR) to Chinese Yuan(CNY). This is the real-time data. The current conversion shows 1 MKR at a value of 1 MKR for 14,304.14 CNY . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

CNY information

About the Chinese Yuan (CNY)

What Is the Chinese Yuan (CNY)?

The Chinese Yuan, denoted as CNY and symbolized by ¥, is the official currency of the People's Republic of China. It's also known as Renminbi (RMB), which translates to "People's Currency". The basic unit of the Renminbi is the yuan, and it's often used to refer to the Chinese currency, especially in international contexts. One yuan is subdivided into 10 jiao, and a jiao is further divided into 10 fen. The Chinese Yuan is the sole legal tender in the People's Republic of China.

The Chinese Yuan is issued by the People's Bank of China (PBOC), the monetary authority of the People's Republic of China. The PBOC oversees the production, distribution, and regulation of the currency, ensuring its stability and integrity in the financial system. In addition to managing the physical banknotes and coins, the central bank also regulates digital forms of the currency, including the recently introduced Digital Yuan.

What Is the History of CNY?

The Chinese Yuan was introduced by the People's Bank of China in December 1948, replacing various currencies circulating in the Communist-controlled areas. The currency underwent several revaluations, the most significant of which occurred in 1955, to combat hyperinflation. Initially pegged to the US dollar, the Chinese Yuan's value was adjusted to improve the competitiveness of Chinese exports as China transitioned to a market economy. Since 2006, the Yuan exchange rate has been allowed to float within a narrow margin around a fixed base rate, determined with reference to a basket of world currencies.

Notes and Coins of CNY

The Chinese Yuan is available in both coin and banknote forms. Coins range from ¥0.01 to ¥1, and banknotes are available in denominations from ¥0.1 to ¥100. The design and features of these notes and coins have evolved over time, with the latest series featuring advanced security features.

What is Digital Yuan (e-CNY)?

The Digital Yuan, also known as the Digital Currency Electronic Payment (DCEP), is the digital form of the People's Republic of China's official currency, the Renminbi (RMB). Launched in response to the rising trend of cashless transactions and the global shift towards digital currencies, the Digital Yuan aims to enhance transaction efficiency, bolster monetary policy, and provide a secure alternative to physical cash. Unlike decentralized cryptocurrencies, it operates under a centralized system, ensuring alignment with China's financial policies. The Digital Yuan features "controllable anonymity," balancing user privacy with state oversight to prevent illegal activities. Its introduction, marked by pilot programs in various cities and prominent use during the 2022 Winter Olympics, positions China as a leader in the realm of digital currencies issued by major economies and signals a significant shift in the global financial landscape towards embracing digital currency technology.

What Is the Difference Between CNY and RMB?

The terms "CNY" and "RMB" are often used interchangeably when referring to the currency of the People's Republic of China, but they have slightly different meanings:

RMB (Renminbi): The term "Renminbi," which means "People's Currency" in Mandarin, is the official name of the currency of China. It represents the currency system as a whole. Renminbi is the broader term that denotes the medium of exchange provided by the People's Bank of China.

CNY (Chinese Yuan): The term "Yuan" refers to the unit of the Renminbi currency. CNY is the international ISO currency code for the Chinese Yuan. When financial transactions are conducted internationally, or when exchange rates are mentioned, the abbreviation "CNY" is typically used.

In summary, while RMB refers to the currency system of China, CNY specifically denotes the unit of that currency used in international trading and financial contexts.

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Bitget crypto-to-fiat exchange data shows that the most popular Maker currency pair is the MKR to CNY, with for Maker's currency code being MKR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for CNY.

MKR to CNY conversion rate trend

In the past 1D, Maker has changed -1.77% to CNY. Based on the trend and price charts, Maker(MKR) has changed -1.77% to CNY while Chinese Yuan(CNY) has changed % to MKR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
0.0001% / 0.0004%vip-iconVIP
0.1000% / 0.1000%
0.080% / 0.100%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
Last updated 2024/02/23 23:00:33(UTC+0)

What factors influence the conversion rate of Maker to Chinese Yuan?

Maker to Chinese Yuan is falling this week.
Maker's current market price is ¥ 14,304.14 per MKR, with a total market cap of ¥ 13,206,747,708.02 CNY based on a circulating supply of 923,281.4 MKR. The trading volume of Maker has changed by +19.73% (¥ 73,263,691.57 CNY) in the last 24 hours. Last trading day, MKR's trading volume was ¥ 371,258,046.16.
Market cap
24h volume
Circulating supply
923.28K MKR

Conversion tables

The exchange rate of Maker is decreasing.
1 MKR is currently valued at ¥ 14,304.14 CNY , which means buying 5 MKR will cost ¥ 71,520.71 CNY . Similarly, ¥1 CNY can be traded for 0.{4}6991 MKR, and ¥50 CNY can be converted to 0.003495 MKR, excluding any platform or gas fees.
The exchange rate of 1 MKR to Chinese Yuan has changed by -4.53% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.77%, reaching a high of 14,631.15 CNY and a low of 14,090.86 CNY . One month ago, the value of 1 MKR was ¥ 15,276.84 CNY , which represents a -6.37% change from its current value. Over the last year, Maker has changed by
, resulting in a change of +168.37% in its value.


00:00 am today
0.5 MKR
10 MKR
50 MKR
100 MKR
500 MKR
1000 MKR


Amount00:00 am today
0.5CNY0.{4}3495  MKR
1CNY0.{4}6991  MKR
5CNY0.0003495  MKR
10CNY0.0006991  MKR
50CNY0.003495  MKR
100CNY0.006991  MKR
500CNY0.03495  MKR
1000CNY0.06991  MKR

Today vs. 24 hours ago

Amount00:00 am today24 hours ago24h change
0.5 MKR$993.98$1,011.84
1 MKR$1,987.96$2,023.68
5 MKR$9,939.78$10,118.4
10 MKR$19,879.56$20,236.8
50 MKR$99,397.82$101,183.98
100 MKR$198,795.64$202,367.96
500 MKR$993,978.2$1,011,839.8
1000 MKR$1,987,956.4$2,023,679.6

Today vs. 1 month ago

Amount00:00 am today1 month ago1M change
0.5 MKR$993.98$1,061.57
1 MKR$1,987.96$2,123.14
5 MKR$9,939.78$10,615.7
10 MKR$19,879.56$21,231.39
50 MKR$99,397.82$106,156.97
100 MKR$198,795.64$212,313.94
500 MKR$993,978.2$1,061,569.7
1000 MKR$1,987,956.4$2,123,139.4

Today vs. 1 year ago

Amount00:00 am today1 year ago1Y change
0.5 MKR$993.98$370.38
1 MKR$1,987.96$740.76
5 MKR$9,939.78$3,703.8
10 MKR$19,879.56$7,407.59
50 MKR$99,397.82$37,037.97
100 MKR$198,795.64$74,075.93
500 MKR$993,978.2$370,379.65
1000 MKR$1,987,956.4$740,759.3

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