Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
BER

Chinese yuan Markets

CNY Currency Update - Our review of Chinese yuan forecasts and news plus charts and historic rates. Check CNY Trends over various time periods.

 

Chinese yuan (CNY) Market Update

The Chinese yuan (CNY) is facing increased pressure following Donald Trump's re-election, with FX analysts noting that looming tariff threats and an increasingly unstable economic landscape could tempt Beijing to reconsider its longstanding stable currency policy. As the yuan has slipped past the critical threshold of 7.3 per dollar, concerns are mounting about the recovery trajectory of China's economy, which remains sluggish in the aftermath of the COVID-19 pandemic. Recent indicators highlight distressing trends, including a slump in real estate, declining business investment, and heightened joblessness among the youth, prompting speculation around further monetary easing from the People's Bank of China (PBOC).

Current market data illustrates the yuan's tenuous position against various currencies. The CNY to USD is showing relative stability, trading at 30-day highs near 0.1382, remaining just 0.6% above its three-month average. In contrast, the yuan has hit 90-day lows against the Euro (0.1273), pound (0.1069), and yen (20.38), falling below historical averages by 3.3%, 2.6%, and 3.6%, respectively. This divergence suggests a troubling outlook for China's competitive edge internationally, influencing import costs and potentially spurring capital outflows as investors gravitate towards stronger currencies. Market view remains cautious as any significant move from the PBOC could dictate the yuan's next steps amid these challenging economic conditions.

 

US dollar to Chinese yuan - USD/CNY Trend

 
USD to CNY is at 7-day highs near 7.1998, just 0.7% below its 3-month average of 7.2533, having traded in a very stable 2.4% range from 7.1806 to 7.3499
|
 
1 USD =
7.1981We compare provider deals to this wholesale mid-market rate. Read more
CNY
 
 
Track Rate

View My Rate Tracker

   
 

Compare & Save on Exchange Rates

Exchange rates can vary significantly between banks and currency exchange providers, so it's important to compare rates from different sources before making a conversion.

The below table makes it easy to calculate and compare the Total Cost you are being charged on currency rates and the possible savings of using a foreign exchange provider rather than your bank.

 

Loading exchange rates...