Exchange Rate Calculator

The exchange rate between the Chinese Yuan (CNY) and the Japanese Yen (JPY) is a critical indicator of the economic interplay between two of Asia's largest economies. Over the past few months, the CNY/JPY exchange rate has exhibited notable fluctuations, influenced by various economic factors and market sentiments. This report delves into the recent trends, technical analyses, and future projections of the CNY/JPY currency pair.

Recent Trends in CNY/JPY Exchange Rate

Between December 30, 2024, and June 27, 2025, the CNY/JPY exchange rate experienced a downward trend. The highest rate during this period was 21.642 JPY per CNY on January 29, 2025, while the lowest was 19.297 JPY per CNY on April 21, 2025. The average exchange rate over these six months stood at 20.492 JPY per CNY. Overall, the CNY depreciated by approximately 6.26% against the JPY during this timeframe. (exchange-rates.org)

Technical Analysis

As of May 30, 2025, technical indicators provided a mixed outlook for the CNY/JPY pair. The Relative Strength Index (RSI) was at 49.62, indicating neutral momentum. The Moving Average Convergence Divergence (MACD) showed a value of -0.02, suggesting a slight bearish trend. However, the 5-day, 10-day, and 20-day moving averages signaled a 'Buy,' while the 50-day and 100-day moving averages indicated a 'Sell.' This divergence suggests short-term bullishness amidst a longer-term bearish trend. (investing.com)

Factors Influencing the Exchange Rate

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

• Economic Indicators: Disparities in GDP growth, inflation rates, and interest rates between China and Japan have influenced investor confidence and currency valuations.

• Geopolitical Events: Trade agreements, diplomatic relations, and regional tensions have impacted market sentiments, affecting the demand and supply dynamics of both currencies.

• Central Bank Policies: Decisions by the People's Bank of China and the Bank of Japan regarding monetary policies, such as interest rate adjustments and quantitative easing measures, have played significant roles in currency valuation.

Future Projections

Forecasts for the CNY/JPY exchange rate suggest a continuation of the current trends. Projections indicate a gradual depreciation of the CNY against the JPY over the next year. For instance, the exchange rate is expected to decrease from 20.1708 JPY per CNY in June 2025 to 17 JPY per CNY by Q3 2026. (exchangerates.org.uk)

Conclusion

The CNY/JPY exchange rate has been subject to significant fluctuations over the past few months, influenced by a complex interplay of economic indicators, geopolitical events, and central bank policies. While short-term technical analyses present mixed signals, long-term projections suggest a gradual depreciation of the CNY against the JPY. Stakeholders should remain vigilant, considering both macroeconomic developments and technical indicators when making informed decisions regarding this currency pair.