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L2DAO to CNY Converter and calculator

L2DAO/CNY: 1 L2DAO = 0.0008741 CNY. The price of converting 1 Layer2DAO (L2DAO) to Chinese Yuan (CNY) is 0.0008741 CNY today.
L2DAO
L2DAO
CNY
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides L2DAO to CNY real-time exchange rates, making it easy to convert Layer2DAO (L2DAO) to Chinese Yuan (CNY). The conversion result is based on real-time data. The conversion result shows that 1 L2DAO is currently valued at 0.00 CNY. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 L2DAO is currently valued at 0.00 CNY, which means buying 5 L2DAO would cost 0.00 CNY. Similarly, ¥1 CNY can be converted to 1,144.08 L2DAO, and ¥50 CNY can be converted to 5,720.4 L2DAO, excluding any platform or gas fees.

Convert L2DAO to CNY

Convert CNY to L2DAO

Layer2DAO
Chinese Yuan
1 L2DAO
0.0008741  CNY
2 L2DAO
0.001748  CNY
5 L2DAO
0.004370  CNY
10 L2DAO
0.008741  CNY
20 L2DAO
0.01748  CNY
50 L2DAO
0.04370  CNY
100 L2DAO
0.08741  CNY
200 L2DAO
0.1748  CNY
500 L2DAO
0.4370  CNY
1000 L2DAO
0.8741  CNY
10000 L2DAO
8.74  CNY
In the table above, you'll find a comprehensive L2DAO to CNY converter that shows the value of Layer2DAO in Chinese Yuan across commonly used conversion amounts. The list covers conversions from 1 L2DAO to CNY, all the way up to 10000 L2DAO, providing a clear view of their respective values.
Chinese Yuan
Layer2DAO
100 CNY
114,408.08 L2DAO
200 CNY
228,816.17 L2DAO
500 CNY
572,040.42 L2DAO
1000 CNY
1,144,080.84 L2DAO
2000 CNY
2,288,161.68 L2DAO
5000 CNY
5,720,404.19 L2DAO
10000 CNY
11,440,808.38 L2DAO
50000 CNY
57,204,041.89 L2DAO
100000 CNY
114,408,083.79 L2DAO
In the table above, you'll find a comprehensive CNY to L2DAO converter that shows the value of Chinese Yuan in Layer2DAO across commonly used conversion amounts. The list covers conversions from 1 CNY to L2DAO, all the way up to 100000 CNY, providing a clear view of their respective values.

L2DAO to CNY chart

L2DAO/CNY: 1 L2DAO = 0.0008741 CNY; 2025/04/27 09:53:09
In the past 1D, Layer2DAO has changed +6.16% to CNY. Based on the trend and price charts, Layer2DAO(L2DAO) has changed +6.16% to CNY while Chinese Yuan(CNY) has changed % to L2DAO in the last 24 hours.
1D7D1M3M1YAll

L2DAO to CNY conversion data: Volatility and price changes of Layer2DAO in CNY

The highest Layer2DAO price in CNY over the past 7 days was 0.0008767 CNY while the lowest Layer2DAO price in CNY over the past 7 days was 0.0007542 CNY. The relative change between the highs and lows in Layer2DAO price in CNY over the last 7 days indicates a volatility of %. You can view additional volatility data and L2DAO 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
0.0008767 CNY
0.0008767 CNY
0.001022 CNY
0.001682 CNY
Low
0.0008233 CNY
0.0007542 CNY
0.0006759 CNY
0.0006759 CNY
Average
0 CNY
0 CNY
0 CNY
0 CNY
Volatility
%
%
%
%
Change
+6.16%
+18.67%
-22.47%
-45.11%

Layer2DAO information

L2DAO to CNY market statistics

L2DAO/CNY:
¥0.0008741
L2DAO 24h volume:
--
L2DAO market cap:
--
L2DAO circulating supply:
0 L2DAO

Current L2DAO to CNY exchange rate

Layer2DAO to Chinese Yuan is rising this week.
Layer2DAO's current market price is ¥0.0008741 per L2DAO, with a total market cap of ¥0 CNY based on a circulating supply of -- L2DAO. The trading volume of Layer2DAO has changed by 0.00% (¥0 CNY) in the last 24 hours. Last trading day, L2DAO's trading volume was ¥0.

More info about Layer2DAO 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 Layer2DAO currency pair is the L2DAO to CNY, with for Layer2DAO's currency code being L2DAO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for CNY.

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How to convert L2DAO to CNY

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Convert L2DAO to CNY
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Buy L2DAO (or USDT) for CNY (Chinese Yuan) offers
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L2DAO to CNY Conversion tables

The exchange rate of Layer2DAO is decreasing.
The exchange rate of 1 L2DAO to Chinese Yuan has changed by +18.67% in the last 7 days. In the last 24 hours, the rate has fluctuated by +6.16%, reaching a high of 0.0008767 CNY and a low of 0.0008233 CNY . One month ago, the value of 1 L2DAO was ¥0.001127 CNY , which represents a -22.47% change from its current value. Over the last year, Layer2DAO has changed by
-¥
0.01335CNY
, resulting in a change of -93.85% in its value.
24 hours ago1 month ago1 year ago
Amount09:53 am today24 hours ago24h change
0.5 L2DAO¥0.0004370¥0.0004117
+6.16%
1 L2DAO¥0.0008741¥0.0008233
+6.16%
5 L2DAO¥0.004370¥0.004117
+6.16%
10 L2DAO¥0.008741¥0.008233
+6.16%
50 L2DAO¥0.04370¥0.04117
+6.16%
100 L2DAO¥0.08741¥0.08233
+6.16%
500 L2DAO¥0.4370¥0.4117
+6.16%
1000 L2DAO¥0.8741¥0.8233
+6.16%

L2DAO to CNY FAQ

How much is 1 Layer2DAO in CNY?
Right now, the price of 1 Layer2DAO (L2DAO) in Chinese Yuan (CNY) is ¥0.0008741.
How much L2DAO can I buy for 1 CNY?
Based on the current exchange rate, you can get 1,144.08 L2DAO for 1 CNY.
How do I calculate or convert L2DAO to CNY?
You can use our L2DAO to CNY calculator at the top of this page to convert any amount of L2DAO to CNY. We've also included quick-reference tables for the most popular conversions. For example, 5 CNY is equivalent to 5,720.4 L2DAO, while 5 L2DAO will cost around 0.004370CNY.
What is the highest price of L2DAO/CNY in history?
The all-time high price of 1 L2DAO in CNY is ¥0.1858. It remains to be seen if the value of 1 L2DAO/CNY will exceed the current all-time high.
What is the price trend of Layer2DAO in CNY?
Over the past 7 days, the exchange rate of Layer2DAO (L2DAO) has gone up by 18.67%.   Over the last month, the exchange rate of Layer2DAO (L2DAO) has gone down by 22.47% against Chinese Yuan (CNY).

What factors influence the conversion rate of L2DAO to CNY?

There are many factors that affect the relationship between Layer2DAO 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 L2DAO/CNY. When there is positive news in the market about the widespread adoption of L2DAO or major technological breakthroughs, it tends to trigger market optimism and drive the rise of L2DAO/CNY. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in L2DAO/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 L2DAO/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 Layer2DAO and adjust their investment strategies accordingly in the evolving market.

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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.