Why has the yen weakened in recent years?
Japan kept ultra-low rates while the US and others hiked sharply; the widening yield gap pushed money out of yen, weakening it notably after 2022.
JPY/CNY · 1-year historical trend
JPY to CNY Historical Exchange Rate Chart
The yen against the yuan (per 100 yen) over the past year is below. A widening US–Japan rate gap has pushed the yen sharply lower in recent years, and it shows on the chart. If you're converting to spend in Japan, that weakness is actually an opening. History is reference only.
1-Year JPY/CNY Chart
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Data snapshot
Past 1 year
About the JPY to CNY history
The JPY to CNY (Japanese Yen to Chinese Yuan) history, often per 100 yen, is heavily shaped by the Bank of Japan's ultra-loose policy and the US–Japan yield gap. From 2022 the gap widened sharply and the yen fell to multi-year lows, clearly visible on the chart. In recent years 100 yen has traded roughly between 4.5 and 5.5 yuan. For reference only.
Was the yen worth more historically?
Yes—years ago 100 yen mapped to a higher yuan value, falling with the recent depreciation. See the chart for exact levels.
Why is the chart shown per 100 yen?
Because one yen is a very small amount, charts and quotes commonly use 100 yen as the unit for readability.