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Chinese Yuan to Euro (CNY/EUR) Forecast for 2024, 2025, 2026. Sell or Buy?
Updated: November 14, 2024 (6:48)
Reverse forecast: EUR to CNY
Yuan / Euro price online today
Now | Tomorrow | 7 Days | 30 Days | |
---|---|---|---|---|
100 Yuan (CNY) to Euro (EUR) | 13 | 12.9 | 12.6 | |
200 Yuan (CNY) to Euro (EUR) | 25.9 | 25.8 | 25.1 | |
500 Yuan (CNY) to Euro (EUR) | 64.8 | 64.4 | 62.8 | |
1000 Yuan (CNY) to Euro (EUR) | 129.5 | 128.9 | 125.7 | |
3000 Yuan (CNY) to Euro (EUR) | 388.6 | 386.6 | 377.1 |
How much will the CNY/EUR currency pair cost in 2024, 2025 and 2026? What is the forecast for the CNY/EUR currency pair? What is the target price of the Yuan / Euro currency pair for 2024-2026?
We continuously scrutinize the key events in the news flow to assist you in tackling the essential question: Will the Yuan rise or fall against the Euro?
Identifying the trend of the CNY/EUR currency pair
The recent collaboration between Citigroup and the Bank of Shanghai to enhance payment solutions positively influences the Chinese yuan (CNY) by potentially increasing foreign currency inflows, albeit with a relatively low relevance score of 0.274834. Conversely, the yuan's depreciation to a 14-month low following the Trump election victory suggests an underlying market apprehension towards the CNY's stability. This reflects investor concerns about US-China relations impacting the currency's value.
In Europe, Ferrari's significant share buyback program signals confidence in corporate stability, bolstering the euro (EUR), as seen from a notable relevance score of 0.7887. However, the market remains cautious due to Nykredit Realkredit's supplementary note issuance, hinted by its bearish sentiment score. Such financial maneuvering might dampen the perceived stability of the EUR amidst increased borrowing activities.
Overall, while these macroeconomic indicators underscore a mixed outlook, with some positive corporate developments supporting the EUR, uncertainty around geopolitical dynamics and financial strategies continues to influence both currencies' valuation. Investors should brace for potential volatility as these elements interplay in the global financial landscape.
CNY Trend Prediction
As of now, Panda has analyzed 17 news pieces concerning the CNY currency. The average relevance score for these news items is 0.22 (with the closer to 1 being more relevant).
2024-11-13
|
Bullish | Impact: 0.16 | News: 2 (1/1/0) |
2024-11-12
|
Neutral | Impact: 0.03 | News: 2 (0/2/0) |
2024-11-11
|
Neutral | Impact: -0.04 | News: 2 (0/2/0) |
2024-11-06
|
Neutral | Impact: -0.21 | News: 2 (0/1/1) |
2024-11-02
|
Neutral | Impact: 0.03 | News: 1 (0/1/0) |
2024-11-01
|
Bullish | Impact: 0.32 | News: 1 (1/0/0) |
2024-10-21
|
Neutral | Impact: 0.11 | News: 1 (0/1/0) |
Citigroup and Bank Of Shanghai Collaborate to Enhance Payment Processes for Global Travelers in China
Yuan Falls to 14-Month Low Amidst Financial Turmoil Following Trump Election Victory
EUR Trend Forecasting
Regarding the EUR currency, 51 news pieces were analyzed. The average relevance of these news items is 0.35 (the closer to 1, the higher).
2024-11-13
|
Bullish | Impact: 0.25 | News: 1 (1/0/0) |
2024-11-11
|
Bullish | Impact: 0.25 | News: 1 (1/0/0) |
2024-11-08
|
Bullish | Impact: -0.08 | News: 2 (1/0/1) |
2024-11-07
|
Neutral | Impact: 0.05 | News: 3 (0/3/0) |
2024-11-06
|
Bullish | Impact: 0.22 | News: 2 (1/1/0) |
2024-11-04
|
Neutral | Impact: 0.11 | News: 1 (0/1/0) |
2024-11-02
|
Bullish | Impact: 0.31 | News: 1 (1/0/0) |
Euro Manganese Announces Changes in Executive Team
Ferrari N.V. Updates on Share Buyback Program
Historical and forecast chart of the Yuan/Euro currency pair
The chart below shows the historical quotes of the CNY/EUR pair and the forecast chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. A detailed forecast of the Yuan/Euro rate can be found in the table below.
Long-term forecasts by years.
CNY Main News
Tencent Music's Revenue Surges to Over $1 Billion in Q3 as Monthly Users Decline
China Aims to Enhance Monetary Policy Precision Amid Improving Credit Conditions
Trump's Re-Election Shakes Up Metals Market, Gold 'Stumbles' but Remains Steadfast
Rupee Hits All-Time Low, Central Bank Steps in to Mitigate Losses
U.S. Dollar Index Soars After Trump's 2024 Presidential Victory
Yuan Declines Amid Trump's Announcement of US Election Victory
Chinese Flock to Gold as Prices Soar Amid Economic Uncertainty
Calls for China to Expand Yuan Loans Abroad to Challenge Dollar's Dominance
China to Advance Yuan Internationalisation and Market Reforms, Say Sibos Experts
China and Asean Near Completion of Version 3.0 Free-Trade Agreement
Fed Governor Highlights Benefits of Stablecoins for Financial Stability
Yum China Shares Recover: Will Recent Gains Surmount Near-Term Challenges?
Hong Kong Targets Increased Capital Flows with Expanded Yuan Integration in Investments
Cryptocurrency Adoption to Reach 8% by 2025: MatrixPort Report
Analysts Warn of Yuan Volatility Amid Upcoming US Election and Economic Stimulus Challenges
EUR Main News
Euro Sun Completes Initial Segment of Scheduled Private Placement Financing
Nykredit Realkredit A/S Issues Second Supplement to Euro Medium Term Note Programme
Indian Rupee Reaches Record Low Amid Strong Dollar Expectations
Nissan's Financial Impact on Renault's Q3 2024 Earnings Announced
KBC Group Announces 868 Million Euro Profit for Q3 2024
Election Night Drama: Trump Influence Sparks Movements on Wall Street
Aktia Bank Plc Initiates Directed Share Issue for Long-Term Savings
Disclosure of Shareholding Transparency - Regulated Announcement
Euro Sun Secures $2.15 Million Through Private Investment
Boussard & Gavaudan Holding Ltd Reduces Shares, Impacting GBP and EUR
Boussard & Gavaudan Holding Ltd Announces Share Redemption and Cancellation
Crypto.com Expands Into U.S. Equities with SEC-Registered Broker Acquisition
Unexpected Inflation Rise in Euro Zone Challenges Prospects for Large Rate Cut
OP Mortgage Bank Releases Interim Report for First Nine Months of 2024
Velcan Holdings Reports Semi-Annual Financial Outcomes
Comprehensive Analysis of News and Events influencing the CNYEUR currency pair
We predict the dynamics of currency pairs using resonant artificial intelligence systems. Technical, fundamental analysis, news background, general geopolitical situation in the world and other factors are taken into account.
The results of forecasts of the Yuan/Euro currency pair are shown below and presented in the form of charts, tables and text information, divided into time intervals (Next month, 2024, 2025 and 2026).
Forecasts are adjusted once a day taking into account the price change of the previous day.
Yuan / Euro Daily Forecast for a Month
Date | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|
Nov 16 | 0.1295 | 0.1290 | 0.1302 | 0.96 % |
Nov 17 | 0.1295 | 0.1293 | 0.1299 | 0.48 % |
Nov 18 | 0.1302 | 0.1295 | 0.1304 | 0.67 % |
Nov 19 | 0.1299 | 0.1293 | 0.1304 | 0.84 % |
Nov 20 | 0.1295 | 0.1289 | 0.1301 | 0.96 % |
Nov 21 | 0.1289 | 0.1286 | 0.1294 | 0.63 % |
Nov 22 | 0.1289 | 0.1282 | 0.1296 | 1.11 % |
Nov 23 | 0.1286 | 0.1279 | 0.1290 | 0.92 % |
Nov 24 | 0.1282 | 0.1279 | 0.1288 | 0.70 % |
Nov 25 | 0.1285 | 0.1278 | 0.1287 | 0.69 % |
Nov 26 | 0.1283 | 0.1279 | 0.1290 | 0.82 % |
Nov 27 | 0.1284 | 0.1280 | 0.1289 | 0.71 % |
Nov 28 | 0.1279 | 0.1276 | 0.1286 | 0.77 % |
Nov 29 | 0.1277 | 0.1274 | 0.1282 | 0.61 % |
Nov 30 | 0.1275 | 0.1272 | 0.1281 | 0.74 % |
Dec 01 | 0.1275 | 0.1271 | 0.1280 | 0.70 % |
Dec 02 | 0.1270 | 0.1264 | 0.1277 | 1.01 % |
Dec 03 | 0.1270 | 0.1263 | 0.1276 | 1.05 % |
Dec 04 | 0.1268 | 0.1261 | 0.1273 | 0.89 % |
Dec 05 | 0.1265 | 0.1258 | 0.1269 | 0.84 % |
Dec 06 | 0.1262 | 0.1259 | 0.1269 | 0.85 % |
Dec 07 | 0.1271 | 0.1264 | 0.1273 | 0.73 % |
Dec 08 | 0.1264 | 0.1260 | 0.1271 | 0.86 % |
Dec 09 | 0.1258 | 0.1255 | 0.1264 | 0.71 % |
Dec 10 | 0.1256 | 0.1251 | 0.1262 | 0.82 % |
Dec 11 | 0.1248 | 0.1246 | 0.1255 | 0.72 % |
Dec 12 | 0.1247 | 0.1242 | 0.1253 | 0.87 % |
Dec 13 | 0.1254 | 0.1250 | 0.1259 | 0.76 % |
Dec 14 | 0.1254 | 0.1249 | 0.1259 | 0.77 % |
Dec 15 | 0.1257 | 0.1250 | 0.1263 | 1.02 % |
Target daily price CNY/EUR
Target values of the CNY/EUR currency pair as of 11-16-2024.
Optimistic target level: 0.1302
Pessimistic target level: 0.1290
Target values of the CNY/EUR currency pair as of 11-17-2024.
Optimistic target level: 0.1299
Pessimistic target level: 0.1293
Target values of the CNY/EUR currency pair as of 11-18-2024.
Optimistic target level: 0.1304
Pessimistic target level: 0.1295
Target values of the CNY/EUR currency pair as of 11-19-2024.
Optimistic target level: 0.1304
Pessimistic target level: 0.1293
Target values of the CNY/EUR currency pair as of 11-20-2024.
Optimistic target level: 0.1301
Pessimistic target level: 0.1289
Yuan / Euro (CNY/EUR) Forecast 2024 Monthly
Month | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|
Dec | 0.1304 | 0.1295 | 0.1334 | 2.89 % |
CNY/EUR forecast for this year
Forecast of the CNY/EUR pair for Dec 2024
Yuan / Euro (CNY/EUR) Forecast 2025 Monthly
Month | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|
Jan | 0.1300 | 0.1279 | 0.1330 | 3.84 % |
Feb | 0.1311 | 0.1302 | 0.1337 | 2.62 % |
Mar | 0.1317 | 0.1294 | 0.1334 | 2.95 % |
Apr | 0.1305 | 0.1287 | 0.1328 | 3.02 % |
May | 0.1303 | 0.1285 | 0.1316 | 2.37 % |
Jun | 0.1286 | 0.1264 | 0.1299 | 2.68 % |
Jul | 0.1284 | 0.1266 | 0.1310 | 3.28 % |
Aug | 0.1266 | 0.1257 | 0.1290 | 2.56 % |
Sep | 0.1235 | 0.1224 | 0.1263 | 3.09 % |
Oct | 0.1228 | 0.1220 | 0.1238 | 1.40 % |
Nov | 0.1213 | 0.1193 | 0.1243 | 4.04 % |
Dec | 0.1230 | 0.1215 | 0.1252 | 2.99 % |
Yuan / Euro (CNY/EUR) Forecast 2026 Monthly
Month | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|
Jan | 0.1225 | 0.1204 | 0.1245 | 3.27 % |
Feb | 0.1198 | 0.1176 | 0.1214 | 3.15 % |
Mar | 0.1200 | 0.1173 | 0.1218 | 3.64 % |
Apr | 0.1189 | 0.1175 | 0.1219 | 3.56 % |
May | 0.1188 | 0.1179 | 0.1202 | 1.94 % |
Jun | 0.1159 | 0.1141 | 0.1171 | 2.51 % |
Jul | 0.1187 | 0.1167 | 0.1201 | 2.83 % |
Aug | 0.1221 | 0.1198 | 0.1238 | 3.24 % |
Sep | 0.1235 | 0.1207 | 0.1253 | 3.69 % |
Oct | 0.1222 | 0.1198 | 0.1237 | 3.15 % |
Nov | 0.1207 | 0.1197 | 0.1235 | 3.03 % |
Dec | 0.1206 | 0.1191 | 0.1229 | 3.08 % |
Other currencies against the Euro (EUR)