1 Chinese renminbi yuan (RMB) = 7.85 Philippines peso (PHP)
1 Philippine peso (PHP) = 0.127 Chinese renminbi yuan (RMB)
However, it's essential to note that foreign exchange rates can change rapidly and may differ depending on the financial institution or currency exchange service you use. It is always advisable to check with a reputable currency converter or financial institution for the most up-to-date exchange rates.