Rate Of Return
Total AssetsIn an unnoticed corner: The Chinese yuan hits a record high against the Japanese yen.
Recently, the Chinese yuan broke through 1 CNY ≈ 22.4 JPY against the Japanese yen, reaching a record high. Looking back at history:
In 2019, it was about 1 CNY ≈ 14.8 JPY
In 2011, it was about 1 CNY ≈ 11.9 JPY
In other words, the same amount of Chinese yuan can now exchange for about 50% more Japanese yen than in 2019 and nearly double that of 2011.
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