Exchange Rate Calculator

Over the past few months, the exchange rate between Ethereum (ETH) and the Chinese Yuan (CNY) has exhibited significant volatility, reflecting broader trends in the cryptocurrency market and macroeconomic factors. As of May 3, 2025, Ethereum is trading at approximately ¥13,127.86 per ETH.

Recent Price Movements

In the last 30 days, Ethereum's value against the Chinese Yuan has decreased by approximately 11.18%. This decline is part of a broader downward trend observed over the past three months, during which ETH/CNY has fallen by about 27%. Notably, on February 27, 2025, Ethereum was valued at ¥16,932.74, indicating a significant drop in value over the subsequent months.

Historical Context

Looking back over the past year, Ethereum reached a peak value of ¥35,459.10, marking its all-time high. Since then, the cryptocurrency has experienced a substantial decline, with its current value representing a decrease of over 60% from its peak. This downward trajectory aligns with the broader cryptocurrency market trends, which have been influenced by various factors, including regulatory developments, market sentiment, and macroeconomic conditions.

Factors Influencing the ETH/CNY Exchange Rate

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

1. Regulatory Environment: China's stringent regulations on cryptocurrency trading and mining have significantly impacted the demand and liquidity of digital assets within the country.

2. Global Market Sentiment: The cryptocurrency market is highly sensitive to global economic indicators, investor sentiment, and technological advancements. Negative news or market downturns can lead to rapid declines in cryptocurrency values.

3. Technological Developments: Upgrades and changes within the Ethereum network, such as the transition to Ethereum 2.0, can influence investor confidence and, consequently, the exchange rate.

4. Macroeconomic Factors: Inflation rates, interest rates, and economic policies in major economies, including China, can affect the value of both Ethereum and the Chinese Yuan, thereby impacting the exchange rate.

Conclusion

The ETH/CNY exchange rate has experienced significant volatility over the past few months, influenced by a combination of regulatory actions, market sentiment, technological developments, and macroeconomic factors. Investors should remain vigilant and consider these variables when engaging in cryptocurrency transactions involving Ethereum and the Chinese Yuan.