Exchange Rate Calculator

The exchange rate between the Chinese Yuan (CNY) and the Canadian Dollar (CAD) has exhibited notable fluctuations over the past few months. This report provides an analysis of the CNY/CAD exchange rate trends, highlighting key movements and potential influencing factors.

Recent Exchange Rate Trends

Between September 18, 2024, and March 17, 2025, the CNY/CAD exchange rate experienced a range of movements. The highest recorded rate during this period was 0.2024 CAD per CNY on January 31, 2025, while the lowest was 0.1910 CAD per CNY on September 24, 2024. The average exchange rate over these six months was approximately 0.1955 CAD per CNY, indicating a general appreciation of the Yuan against the Canadian Dollar by about 2.88% during this timeframe. (exchange-rates.org)

Monthly Breakdown

• January 2025: The exchange rate fluctuated between 0.1955 and 0.1980 CAD per CNY. Notably, on January 24, 2025, the rate reached 0.1980 CAD per CNY. (exchange-rates.org)

• February 2025: The rate continued its upward trend, with the highest point reaching 0.2009 CAD per CNY on February 28, 2025. (investing.com)

• March 2025: The exchange rate remained relatively stable, hovering around 0.1986 CAD per CNY by March 20, 2025. (investing.com)

Factors Influencing the Exchange Rate

Several factors have likely contributed to the observed fluctuations in the CNY/CAD exchange rate:

1. Economic Indicators: Variations in GDP growth, inflation rates, and employment statistics between China and Canada can influence currency valuations. For instance, stronger economic performance in China relative to Canada may bolster the Yuan against the Canadian Dollar.

2. Monetary Policies: Decisions by the People's Bank of China and the Bank of Canada regarding interest rates and monetary policies can impact investor confidence and currency demand.

3. Trade Relations: The trade balance between China and Canada, including export and import activities, affects currency demand. A trade surplus in China could increase demand for the Yuan, appreciating its value against the Canadian Dollar.

4. Global Market Sentiment: Geopolitical events, commodity price fluctuations (notably oil, which significantly impacts the Canadian economy), and global economic trends can lead to shifts in investor behavior, influencing exchange rates.

Conclusion

The CNY/CAD exchange rate has shown a general appreciation of the Yuan against the Canadian Dollar over the past few months, with notable peaks in early 2025. This trend reflects a combination of economic performance, monetary policies, trade dynamics, and global market sentiments. Stakeholders should monitor these factors closely, as they collectively shape the currency exchange landscape between China and Canada.