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USD to CNY - Rate Guide

United States Dollar to Chinese Yuan exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

USD/CNY update & alerts

1 USD = 7.0817 CNY

At 7.0817 USD/CNY was trading near its 90 day average 7.0682 with range 7.179 to 6.8725. There are currently no alerts. Updated: 08:10-AEDT 22:10-BST 17:10-EDT
 

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USD/CNY Exchange Rates and Providers Compared

This guide to the United States Dollar to Chinese Yuan exchange rate with 90-day chart & alerts, historic rates, forecasts and USD to CNY comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. Calculate amounts and rate margins with the USD/CNY Calculator.

Exchange rates can vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for USD/CNY International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

USD to CNY International Money Transfers

  

Foreign Transfer ProvidersReceive CNY(¥)Exchange RateFee USDTotal CostDeal Links
XE logo
¥69,932
Best Overall
6.993201.25%
OFX logo
¥68,066
¥1,866 less
6.80660^3.88%
Wells Fargo Bank logo
¥66,585
¥3,347 less
6.6705185.98%
HSBC logo
¥66,537
¥3,395 less
6.6637U$156.04%
Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo
¥66,131
¥3,801 less
6.6518156.62%
Bank of America International Money Transfers
Bank of America logo
¥65,700
¥4,232 less
6.6364U$1007.23%
U.S. Bank International Money Transfers
U.S. Bank logo
¥65,700
¥4,232 less
6.6364U$1007.23%
 

XE logo

XE: Foreign Transfer USD→CNY
From Amount (USD)U$10,000
Fee:
Exchange Rate:6.9932 (1.25% from mid-rate)
To Amount (CNY) ¥69,932
Total Cost:1.25%
Time:18:00 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 3.5/5.0
Reviews:
 

OFX logo

OFX: Foreign Transfer USD→CNY
From Amount (USD)U$10,000
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:6.8066 (3.88% from mid-rate)
To Amount (CNY) ¥68,066
Total Cost:3.88%
Difference:
¥1,866 CNY less than using XE
Time:
Rate Fetched: Sat Oct 19 2019 17:03:14 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

Wells Fargo Bank logo

Wells Fargo Bank: Foreign Transfer USD→CNY
From Amount (USD)U$10,000
Fee:18
Exchange Rate:6.6705 (5.81% from mid-rate)
To Amount (CNY) ¥66,585
Total Cost:5.98%
Difference:
¥3,347 CNY less than using XE
Time:18:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

HSBC logo

HSBC: Foreign Transfer USD→CNY
From Amount (USD)U$10,000
Fee:U$15 USD (.15%)
Exchange Rate:6.6637 (5.9% from mid-rate)
To Amount (CNY) ¥66,537
Total Cost:6.04%
Difference:
¥3,395 CNY less than using XE
Time:18:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer USD→CNY
From Amount (USD)U$10,000
Fee:15
Exchange Rate:6.6228 (6.48% from mid-rate)
To Amount (CNY) ¥66,131
Total Cost:6.62%
Difference:
¥3,801 CNY less than using XE
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Bank of America logo

Bank of America: Foreign Transfer USD→CNY
From Amount (USD)U$10,000
Fee:U$100 USD (1%)
Exchange Rate:6.6364 (6.29% from mid-rate)
To Amount (CNY) ¥65,700
Total Cost:7.23%
Difference:
¥4,232 CNY less than using XE
Time:18:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

U.S. Bank logo

U.S. Bank: Foreign Transfer USD→CNY
From Amount (USD)U$10,000
Fee:U$100 USD (1%)
Exchange Rate:6.6364 (6.29% from mid-rate)
To Amount (CNY) ¥65,700
Total Cost:7.23%
Difference:
¥4,232 CNY less than using XE
Time:18:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 10/19/2019 - See full table

Example of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

Travel Money ProvidersAmount CNY(¥)Exchange RateFee USDTotal CostDeal Links
U.S. Bank Foreign Currency
U.S. Bank logo
¥6,628.8
Compare
6.628806.4%
Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo
¥6,563
¥66 less
6.6288U$107.33%
Wells Fargo Bank logo
¥6,496.22
¥133 less
6.6288U$208.27%
Travelex Online US logo
¥6,248.2
¥381 less
6.24820^11.77%
 

U.S. Bank logo

U.S. Bank: Travel Money USD→CNY
From Amount (USD)U$1,000
Fee:0
Exchange Rate:6.6288 (6.4% from mid-rate)
To Amount (CNY) ¥6,628.8
Total Cost:6.4%
Time:18:00 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money USD→CNY
From Amount (USD)U$1,000
Fee:U$10 USD (1%)
Exchange Rate:6.1965 (12.5% from mid-rate)
To Amount (CNY) ¥6,563
Total Cost:7.33%
Currency Services:Branch
Delivery/Collect:-
 

Wells Fargo Bank logo

Wells Fargo Bank: Travel Money USD→CNY
From Amount (USD)U$1,000
Fee:U$20 USD (Minimum fee)
Exchange Rate:6.6288 (6.4% from mid-rate)
To Amount (CNY) ¥6,496.22
Total Cost:8.27%
Time:18:00 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Travelex Online US logo

Travelex Online US: Travel Money USD→CNY
From Amount (USD)U$1,000
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:6.2482 (11.77% from mid-rate)
To Amount (CNY) ¥6,248.2
Total Cost:11.77%
Time:
Rate Fetched: Sat Oct 19 2019 18:00:04 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
Snapshot 10/19/2019 - See full table

USD / CNY converter & margin calculator

U$USD
¥CNY
mid-rates

Compare how much you can save on USD/CNY exchange rates for:

Foreign Transfers Travel Money

Foreign Transfers Travel Money

United States Dollar

Chinese Yuan

1 USD 7.0817 CNY
5 USD 35.41 CNY
10 USD 70.82 CNY
20 USD 141.63 CNY
50 USD 354.09 CNY
100 USD 708.17 CNY
250 USD 1,770.43 CNY
500 USD 3,540.85 CNY
1,000 USD 7,081.70 CNY
2,000 USD 14,163.40 CNY
5,000 USD 35,408.50 CNY
10,000 USD 70,817.00 CNY
50,000 USD 354,085.00 CNY
100,000 USD 708,170.00 CNY
See more

United States Dollar

Chinese Yuan

0.1412 USD 1 CNY
0.7060 USD 5 CNY
1.4120 USD 10 CNY
2.8240 USD 20 CNY
7.0600 USD 50 CNY
14.12 USD 100 CNY
35.30 USD 250 CNY
70.60 USD 500 CNY
141.20 USD 1,000 CNY
282.40 USD 2,000 CNY
706.00 USD 5,000 CNY
1,412.00 USD 10,000 CNY
7,060.00 USD 50,000 CNY
14,120.00 USD 100,000 CNY
See more
Country Guides (USD & CNY)
United StatesUnited States (USD)ChinaChina (CNY)East TimorEast Timor (USD)
EcuadorEcuador (USD)El SalvadorEl Salvador (USD)British Virgin IslandsBritish Virgin Islands (USD)
US Virgin IslandsUS Virgin Islands (USD)Caribbean NetherlandsCaribbean Netherlands (USD)Turks And Caicos IslandsTurks And Caicos Islands (USD)
ZimbabweZimbabwe (USD)

USD/CNY - Historical Trends

This table shows historic rates and trends of United States Dollar to Chinese Yuan over periods upto 10 years.

PeriodChange*USD/CNYDate
1 Day+0.1%7.077317 Oct 2019
7 Day-0.1%7.088211 Oct 2019
30 Day-0.1%7.086018 Sep 2019
3 Month+2.9%6.881920 Jul 2019
1 Year+2.1%6.937718 Oct 2018
5 Year+15.5%6.128719 Oct 2014
10 Year+3.7%6.826220 Oct 2009

*For period to 18-Oct 21UTC when USD/CNY was 7.0817

You can use our USD interactive charts to check USDCNY historic trends.

Get a Better FX Deal when you Send and Spend Abroad.

 

USD and CNY in the Markets

When determining the best time to make a foreign exchange transaction, in this case the USD vs CNY, you should pay attention to the recent market trends for both currencies.

United States Dollar (USD)

The US dollar has held its value this year despite a serious escalation in US-China trade tensions, mainly because the greenback is still considered a safer currency to own than most others. After grim employment data on June-7, the Dollar Index was up 0.5 percent on the year (it had fallen 2 percent from May’s 2-year high).

As in other parts of the world, interest rate cuts are now expected in the US following a drastic shift in economic forecasts. At least two Fed cuts are expected this year, with the first most likely to come in July.

Taking the blame for the economic downturn is US President Donald Trump, whose trade policies have set a ball rolling that could wipe $455bn from global output according to the IMF.

Read more in the article USD Forecasts.

 

Chinese Yuan (CNY)

In early August the offshore yuan surged to a decade high of 7.05 per US dollar, breaking the symbolic and closely watched USD/CNY = 7.0 exchange rate, after the trade war flared up again and the US labelled China a "currency manipulator".

Increasingly, the yuan is being used as a barometer for progress made on US-China trade talks.

Trade tensions have ramped up again since May when President Trump announced higher tariffs on Chinese goods, after China retaliated with tariffs of its own, and then after Trump placed Huawei on the "entity list," thereby making it impossible for the tech giant to do business with US firms.

Why can't I just get the USD/CNY market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the USD / CNY was traded (bought or sold) in the international markets.

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

We help you Compare & Save Money on Exchange Rates.

 

View all USD Exchange Rates