1 CNY to PHP - Convert Chinese Yuan to Philippine Peso

Looking at the 30-day window, the CNY/PHP pair traded in a range of 8.7520 to 9.4024. The monthly average was 9.0358 with 1.69% volatility. This upward movement of 2.5% suggests significant momentum in the CNY/PHP exchange rate.

The current mid-market exchange rate is 1 CNY = 9.1158 PHP, updated as of June 4, 2026, 3:28 AM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Chinese Yuan to Philippine Peso Exchange Rate

The CNY/PHP exchange rate tells you how many Philippine Peso (PHP) you receive for every Chinese Yuan (CNY). At the current mid-market rate of 1 CNY = 9.1158 PHP, this pair reflects live supply and demand conditions on the global foreign exchange market. The rate updates every 15 minutes on this page, giving you the most current data available.

What Affects the CNY to PHP Rate

Exchange rates between Chinese Yuan and Philippine Peso are influenced by central bank interest rate decisions, inflation differentials, trade balances, and broader economic data releases from both countries. Political stability, commodity prices, and global risk sentiment can also cause significant moves. Monitoring these factors helps explain why the CNY/PHP rate fluctuates throughout trading sessions and over longer time periods.

CNY/PHP for Travelers and Businesses

Whether you are traveling, sending money internationally, or managing business payments, the CNY to PHP rate directly affects your costs. Travelers should compare airport exchange counters, city center bureaux, and card-based options before converting. Businesses managing recurring cross-border payments benefit from setting up rate alerts and locking in favorable rates when they appear. The conversion table on this page helps you quickly reference common amounts.

Philippine Peso Overview

The Philippine Peso (PHP) is the official currency of the Philippines, managed by Bangko Sentral ng Pilipinas. Overseas worker remittances are a critical driver of peso demand and the broader economy. The PHP exchange rate against CNY reflects relative economic conditions between the two currency areas.

Mid-Market Rate Explained

The mid-market rate of 1 CNY = 9.1158 PHP shown on this page is the fairest available exchange rate. It sits exactly between the buy and sell prices quoted by major financial institutions. No single provider can offer exactly the mid-market rate since their business model requires a small spread, but the best providers come within 0.5-1% of this benchmark. Use our rate as your comparison baseline.