Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy

PHA to CNY Converter and calculator

PHA/CNY: 1 PHA = 0.8060 CNY. The price of converting 1 Phala Network (PHA) to Chinese Yuan (CNY) is 0.8060 CNY today.
PHA
PHA
CNY
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter provides PHA to CNY real-time exchange rates, making it easy to convert Phala Network (PHA) to Chinese Yuan (CNY). The conversion result is based on real-time data. The conversion result shows that 1 PHA is currently valued at 0.81 CNY. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PHA is currently valued at 0.81 CNY, which means buying 5 PHA would cost 4.03 CNY. Similarly, ¥1 CNY can be converted to 1.24 PHA, and ¥50 CNY can be converted to 6.2 PHA, excluding any platform or gas fees.

Network (PHA) has been listed in the Innovation, AI and DePin Zone. You can quickly sell or buy PHA. Spot Trading Link: PHA/USDT.

New users can get a welcome gift package worth 6200U, Claim it now>>

Convert PHA to CNY

Convert CNY to PHA

Phala Network
Chinese Yuan
5000 PHA
4,029.85  CNY
10000 PHA
8,059.7  CNY
In the table above, you'll find a comprehensive PHA to CNY converter that shows the value of Phala Network in Chinese Yuan across commonly used conversion amounts. The list covers conversions from 1 PHA to CNY, all the way up to 10000 PHA, providing a clear view of their respective values.
Chinese Yuan
Phala Network
10000 CNY
12,407.42 PHA
50000 CNY
62,037.08 PHA
100000 CNY
124,074.16 PHA
In the table above, you'll find a comprehensive CNY to PHA converter that shows the value of Chinese Yuan in Phala Network across commonly used conversion amounts. The list covers conversions from 1 CNY to PHA, all the way up to 100000 CNY, providing a clear view of their respective values.

PHA to CNY chart

PHA/CNY: 1 PHA = 0.8060 CNY; 2025/04/27 14:45:43
In the past 1D, Phala Network has changed -4.08% to CNY. Based on the trend and price charts, Phala Network(PHA) has changed -4.08% to CNY while Chinese Yuan(CNY) has changed % to PHA in the last 24 hours.
1D7D1M3M1YAll

PHA to CNY conversion data: Volatility and price changes of Phala Network in CNY

The highest Phala Network price in CNY over the past 7 days was 0.8871 CNY while the lowest Phala Network price in CNY over the past 7 days was 0.7099 CNY. The relative change between the highs and lows in Phala Network price in CNY over the last 7 days indicates a volatility of %. You can view additional volatility data and PHA to CNY prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.8593 CNY
0.8871 CNY
0.8871 CNY
1.59 CNY
Low
0.7929 CNY
0.7099 CNY
0.5544 CNY
0.5544 CNY
Average
0 CNY
0 CNY
0 CNY
0 CNY
Volatility
%
%
%
%
Change
-4.08%
+10.39%
-3.57%
-46.99%

Phala Network information

PHA to CNY market statistics

PHA/CNY:
¥0.8060
PHA 24h volume:
¥96,733,608.97
PHA market cap:
¥637,961,783.56
PHA circulating supply:
791.55M PHA

Current PHA to CNY exchange rate

Phala Network to Chinese Yuan is rising this week.
Phala Network's current market price is ¥0.8060 per PHA, with a total market cap of ¥637,961,783.56 CNY based on a circulating supply of 791,545,700 PHA. The trading volume of Phala Network has changed by -48.69% (¥-91,805,571.86 CNY) in the last 24 hours. Last trading day, PHA's trading volume was ¥188,539,180.83.

More info about Phala Network on Bitget

Chinese Yuan information

About the Chinese Yuan (CNY)

What Is the Chinese Yuan (CNY)?

The Chinese Yuan, denoted as CNY and symbolized by ¥, is the official currency of the People's Republic of China. It's also known as Renminbi (RMB), which translates to "People's Currency". The basic unit of the Renminbi is the yuan, and it's often used to refer to the Chinese currency, especially in international contexts. One yuan is subdivided into 10 jiao, and a jiao is further divided into 10 fen. The Chinese Yuan is the sole legal tender in the People's Republic of China.

The Chinese Yuan is issued by the People's Bank of China (PBOC), the monetary authority of the People's Republic of China. The PBOC oversees the production, distribution, and regulation of the currency, ensuring its stability and integrity in the financial system. In addition to managing the physical banknotes and coins, the central bank also regulates digital forms of the currency, including the recently introduced Digital Yuan.

What Is the History of CNY?

The Chinese Yuan was introduced by the People's Bank of China in December 1948, replacing various currencies circulating in the Communist-controlled areas. The currency underwent several revaluations, the most significant of which occurred in 1955, to combat hyperinflation. Initially pegged to the US dollar, the Chinese Yuan's value was adjusted to improve the competitiveness of Chinese exports as China transitioned to a market economy. Since 2006, the Yuan exchange rate has been allowed to float within a narrow margin around a fixed base rate, determined with reference to a basket of world currencies.

Notes and Coins of CNY

The Chinese Yuan is available in both coin and banknote forms. Coins range from ¥0.01 to ¥1, and banknotes are available in denominations from ¥0.1 to ¥100. The design and features of these notes and coins have evolved over time, with the latest series featuring advanced security features.

What is Digital Yuan (e-CNY)?

The Digital Yuan, also known as the Digital Currency Electronic Payment (DCEP), is the digital form of the People's Republic of China's official currency, the Renminbi (RMB). Launched in response to the rising trend of cashless transactions and the global shift towards digital currencies, the Digital Yuan aims to enhance transaction efficiency, bolster monetary policy, and provide a secure alternative to physical cash. Unlike decentralized cryptocurrencies, it operates under a centralized system, ensuring alignment with China's financial policies. The Digital Yuan features "controllable anonymity," balancing user privacy with state oversight to prevent illegal activities. Its introduction, marked by pilot programs in various cities and prominent use during the 2022 Winter Olympics, positions China as a leader in the realm of digital currencies issued by major economies and signals a significant shift in the global financial landscape towards embracing digital currency technology.

What Is the Difference Between CNY and RMB?

The terms "CNY" and "RMB" are often used interchangeably when referring to the currency of the People's Republic of China, but they have slightly different meanings:

RMB (Renminbi): The term "Renminbi," which means "People's Currency" in Mandarin, is the official name of the currency of China. It represents the currency system as a whole. Renminbi is the broader term that denotes the medium of exchange provided by the People's Bank of China.

CNY (Chinese Yuan): The term "Yuan" refers to the unit of the Renminbi currency. CNY is the international ISO currency code for the Chinese Yuan. When financial transactions are conducted internationally, or when exchange rates are mentioned, the abbreviation "CNY" is typically used.

In summary, while RMB refers to the currency system of China, CNY specifically denotes the unit of that currency used in international trading and financial contexts.

Bitget crypto-to-fiat exchange data shows that the most popular Phala Network currency pair is the PHA to CNY, with for Phala Network's currency code being PHA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for CNY.

Popular conversions

popular info bitcoin
BTC to USD
1 BTC to 94051.27 USD
popular info ethereum
ETH to USD
1 ETH to 1809.94 USD
popular info ripple
XRP to USD
1 XRP to 2.18 USD
popular info solana
SOL to USD
1 SOL to 148.33 USD
popular info bitcoin
BTC to EUR
1 BTC to 82746.31 EUR
popular info bitcoin
BTC to GBP
1 BTC to 70641.91 GBP
popular info bitcoin
BTC to CAD
1 BTC to 130599.59 CAD
popular info bitcoin
BTC to BRL
1 BTC to 535189.35 BRL
popular info bitcoin
BTC to INR
1 BTC to 8030539.47 INR
popular info pi-network
PI to INR
1 PI to 54.49 INR

Hot promotions

How to convert PHA to CNY

buy-coin-step-0-img
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
buy-coin-step-1-img
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
buy-coin-step-2-img
Convert PHA to CNY
Choose from cryptocurrencies to trade on Bitget.

Buy

Sell

Buy PHA (or USDT) for CNY (Chinese Yuan) offers
Bitget P2P trading does not currently support direct buying of PHA with CNY. However, you can buy USDT in Bitget P2P trading first, and then buy PHA with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
No matching ads found.

Popular Phala Network Converter

popular info New Taiwan dollar
PHA to TWD
1 PHA to NT$3.6 TWD
popular info Chinese Yuan
PHA to CNY
1 PHA to ¥0.8060 CNY
popular info United States Dollar
PHA to USD
1 PHA to $0.1106 USD
popular info Euro
PHA to EUR
1 PHA to €0.09727 EUR
popular info Canadian Dollar
PHA to CAD
1 PHA to C$0.1535 CAD
popular info South Korean Won
PHA to KRW
1 PHA to ₩159.03 KRW
popular info Japanese Yen
PHA to JPY
1 PHA to ¥15.89 JPY
popular info Pound Sterling
PHA to GBP
1 PHA to £0.08304 GBP
popular info Brazilian Real
PHA to BRL
1 PHA to R$0.6291 BRL

Popular cryptocurrencies to CNY

other assets JUST
JST to CNY
1 JST to ¥0.3053 CNY
other assets Bubblemaps
BMT to CNY
1 BMT to ¥0.9368 CNY
other assets ARPA
ARPA to CNY
1 ARPA to ¥0.1970 CNY
other assets Alchemy Pay
ACH to CNY
1 ACH to ¥0.2018 CNY
other assets Steem
STEEM to CNY
1 STEEM to ¥1.16 CNY
other assets Ethereum Name Service
ENS to CNY
1 ENS to ¥134.93 CNY
other assets Turbo
TURBO to CNY
1 TURBO to ¥0.03829 CNY
other assets Stacks
STX to CNY
1 STX to ¥6.36 CNY
other assets TRON
TRX to CNY
1 TRX to ¥1.81 CNY
other assets Frax Share
FXS to CNY
1 FXS to ¥19.16 CNY

PHA to CNY Conversion tables

The exchange rate of Phala Network is decreasing.
The exchange rate of 1 PHA to Chinese Yuan has changed by +10.39% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.08%, reaching a high of 0.8593 CNY and a low of 0.7929 CNY . One month ago, the value of 1 PHA was ¥0.8358 CNY , which represents a -3.57% change from its current value. Over the last year, Phala Network has changed by
-¥
0.5957CNY
, resulting in a change of -42.50% in its value.
24 hours ago1 month ago1 year ago
Amount14:45 today24 hours ago24h change
0.5 PHA¥0.4030¥0.4201
-4.08%
1 PHA¥0.8060¥0.8402
-4.08%
5 PHA¥4.03¥4.2
-4.08%
10 PHA¥8.06¥8.4
-4.08%
50 PHA¥40.3¥42.01
-4.08%
100 PHA¥80.6¥84.02
-4.08%
500 PHA¥402.98¥420.1
-4.08%
1000 PHA¥805.97¥840.21
-4.08%

PHA to CNY FAQ

How much is 1 Phala Network in CNY?
Right now, the price of 1 Phala Network (PHA) in Chinese Yuan (CNY) is ¥0.8060.
How much PHA can I buy for 1 CNY?
Based on the current exchange rate, you can get 1.24 PHA for 1 CNY.
How do I calculate or convert PHA to CNY?
You can use our PHA to CNY calculator at the top of this page to convert any amount of PHA to CNY. We've also included quick-reference tables for the most popular conversions. For example, 5 CNY is equivalent to 6.2 PHA, while 5 PHA will cost around 4.03CNY.
What is the highest price of PHA/CNY in history?
The all-time high price of 1 PHA in CNY is ¥10.27. It remains to be seen if the value of 1 PHA/CNY will exceed the current all-time high.
What is the price trend of Phala Network in CNY?
Over the past 7 days, the exchange rate of Phala Network (PHA) has gone up by 10.39%.   Over the last month, the exchange rate of Phala Network (PHA) has gone down by 3.57% against Chinese Yuan (CNY).

What factors influence the conversion rate of PHA to CNY?

There are many factors that affect the relationship between Phala Network and Chinese Yuan, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of PHA/CNY. When there is positive news in the market about the widespread adoption of PHA or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PHA/CNY. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PHA/CNY.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of PHA/CNY. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Phala Network and adjust their investment strategies accordingly in the evolving market.

Purchase other cryptocurrencies with similar market cap

This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.