Exchange Rate Calculator

The exchange rate between the Chinese Yuan (CNY) and the Indian Rupee (INR) has experienced notable fluctuations over the past year, influenced by various economic and geopolitical factors. Understanding these trends is essential for businesses and investors engaged in trade or financial activities between China and India.

Recent Exchange Rate Trends

As of June 3, 2025, the CNY/INR exchange rate stands at approximately 12.0059, reflecting a slight decrease of 0.06% from the previous day. (investing.com) Over the past six months, the exchange rate has shown a modest upward trend, with the Chinese Yuan appreciating by about 1.30% against the Indian Rupee. The highest rate during this period was 12.121 INR per CNY on February 4, 2025, while the lowest was 11.624 INR per CNY on December 3, 2024. (exchange-rates.org)

Factors Influencing the Exchange Rate

Several key factors have contributed to the fluctuations in the CNY/INR exchange rate:

1. Economic Indicators: Differences in GDP growth rates, inflation, and interest rates between China and India can impact the exchange rate. For instance, if China's economy grows faster than India's, the Yuan may strengthen against the Rupee.

2. Geopolitical Events: Tensions or agreements between the two nations, as well as broader regional dynamics, can influence investor confidence and currency values.

3. Central Bank Policies: Decisions by the People's Bank of China and the Reserve Bank of India regarding monetary policy, such as interest rate adjustments or foreign exchange interventions, play a significant role in determining the exchange rate.

Forecast and Outlook

Looking ahead, forecasts suggest that the CNY/INR exchange rate will remain relatively stable in the near term. For example, projections for June 2025 indicate an expected low of 11.9999 INR and a high of 12.0197 INR per CNY. (bookmyforex.com) However, it's important to note that exchange rate forecasts can be subject to significant uncertainty due to unforeseen economic developments and geopolitical events.

Implications for Stakeholders

For businesses and investors involved in Sino-Indian trade or investments, understanding the dynamics of the CNY/INR exchange rate is crucial. A stronger Yuan relative to the Rupee can make Chinese goods more expensive for Indian importers, potentially affecting trade balances. Conversely, a weaker Yuan can benefit Indian exporters by making their products more competitively priced in the Chinese market.

Conclusion

The CNY/INR exchange rate has exhibited moderate volatility over the past year, influenced by a complex interplay of economic indicators, geopolitical events, and central bank policies. While current forecasts suggest relative stability, stakeholders should remain vigilant and consider potential risks in their financial planning and risk management strategies.