Compare USD/CNY Exchange Rates
The below table is a snapshot of the costs charged by FX specialists and banks when making an International Money Transfer from USD to CNY. The total costs are calculated against the latest mid-market rate.
Foreign Transfers
| Foreign Transfer Providers Ratings & Reviews | Receive CNY(¥) | Exchange Rate | Fee USD | Total Cost | Transfer Services | Transfer Speed | Deal Links |
|---|---|---|---|---|---|---|---|
  OFX exchange rates are highly competitive for global money transfers, great customer service. ^Zero transfer fees for BestExchangeRates customers. More▾ | 65,077 CNY Best Overall | 6.5077 | 0^ | 3.21% | Bank Transfers - Online & Phone | 1-2 days | |
Banks - Average Rate     Average rate from these selected Banks. Click icons to see each bank's individual rate and fee. More▾ | 63,290 CNY ¥1,787 less | 6.3660 | 15 | 5.87% | Online, Branch, Bank Transfers | 2-3 days |
The below table shows a snapshot 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
| Travel Money Providers Ratings & Reviews | Amount CNY(¥) | Exchange Rate | Fee USD | Total Cost | Currency Services | Delivery/Collect | Deal Links |
|---|---|---|---|---|---|---|---|
Banks - Average Rate Average rate from these selected Banks. Click icons to see each bank's individual rate and fee. More▾ | 6,294 CNY ¥0.83 less | 6.3584 | $10 | 6.39% | Branch | - | |
 Get great travel money rates from Travelex when you order online. More▾ | 6,101.5 CNY ¥193 less | 6.1015 | 0^ | 9.25% | Online order, Branch pickup, Home delivery | 2-3 days |
USD to CNY mid-rate = 6.7207
Right now the USD/CNY market mid-rate is 6.7207 and represents ideally how many Chinese Yuan you can get for one United States Dollar.
This USD/CNY Converter calculates equivalent United States Dollar to Chinese Yuan amounts at the market mid-rate:
USD / CNY mid-rate converter
6.7207 Chinese Yuan
Compare how much you can save on
USD/CNY exchange rates for:
United States Dollar |
Chinese Yuan |
|---|---|
| 10 USD | 67.21 CNY |
| 100 USD | 672.07 CNY |
| 1,000 USD | 6,720.70 CNY |
| 2,000 USD | 13,441.40 CNY |
| 10,000 USD | 67,207.00 CNY |
| See more | |
United States Dollar |
Chinese Yuan |
|---|---|
| 1.4880 USD | 10 CNY |
| 14.88 USD | 100 CNY |
| 148.80 USD | 1,000 CNY |
| 297.60 USD | 2,000 CNY |
| 1,488.00 USD | 10,000 CNY |
| See more | |
| CNY Country Guides |
|---|
 China |
United States Dollar to Chinese Yuan (USD-CNY) - 10 Year History
The below table shows the historic variation in the USD/CNY exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of USD versus other currencies : USD historical charts.
| Date | Exchange Rate | Period | Change |
|---|---|---|---|
| 20 Feb 2019 | 6.7211 | Latest | |
| 13 Feb 2019 | 6.7604 | 1 Week | -0.58% |
| 21 Jan 2019 | 6.7982 | 1 Month | -1.13% |
| 24 Aug 2018 | 6.8062 | 6 Months | -1.25% |
| 20 Feb 2018 | 6.3493 | 1 Year | +5.86% |
| 20 Feb 2017 | 6.8791 | 2 Years | -2.3% |
| 21 Feb 2014 | 6.0958 | 5 Years | +10.26% |
| 22 Feb 2009 | 6.8394 | 10 Years | -1.73% |
Why can't I just get the USD/CNY market rate I see on Google or in the Media?
The USD/CNY mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the USD / CNY was traded (bought or sold) in the international markets.
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.
The closer your final exchange rate is to the market USD/CNY midrate the better deal you are getting.
Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.
The three things you need in order to get a good USD to CNY exchange rate
- Know the latest USD/CNY market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
- Compare your Bank's transaction costs
to several
licensed FX providers, remember to compare
the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions. - Review up-to-date Currency News and Forecasts for both the and currencies, if available.
Currency news and forecasts for United States Dollar and Chinese Yuan
Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.
So it follows that if you are determining the best time to transact, in this case the USD vs CNY, you should pay attention to both United States Dollar and Chinese Yuan news and forecasts.
United States Dollar (USD) - Market news and forecasts
26-January-19: 2018 was a reasonable year for the dollar. Measured by the US Dollar Index, the greenback appreciated by 4 percent, which was much better than 2017’s 10 percent loss. It was, though, something of a stuttering end to 2018 and the dollar has had mixed fortunes in early 2019.
In December, after lifting US interest rates to 2.25-2.5 percent, the Fed lowered its expectations for future hikes due to so-called “cross currents” (China, Brexit, trade wars etc.). Skepticism among analysts over future Fed hikes has for some time been the main reason for dollar pessimism for 2019, but now, there is also the prospect of a US economic slowdown to contend with.
“A slowdown in the economy is likely to weigh on USD particularly in the second half of this year,” a CIBC researcher said in January.
Of the same opinion was an expert at ING, who argued that the dollar is soon to “embark on a gradual long-term bearish trend.”
January’s extended US government shutdown also has dollar-negative ramifications. Not only is the shutdown likely to hit first-quarter GDP growth, disagreements within Congress bode poorly for the future of potentially inflationary fiscal spending.
Chinese Yuan (CNY) - Market news and forecasts
11-January-19: A number of important developments in 2018 worked to reduce demand for the yuan, which lost 5 percent of its value relative to the dollar and 1 percent versus the euro.
Chief among negative developments was Washington’s agenda of trade protectionism. Tariffs make Chinese goods more expensive to American buyers, which lessens their appeal and necessitates a weaker yuan.
A tumbling Chinese stock market didn’t help the yuan either, as investors had little incentive to buy into Chinese companies and therefore one less reason to exchange local currency into yuan. The Shanghai Composite index fell 24 percent in 2018.
2019: The yuan has gotten off to a flyer in 2019. Following constructive trade talks between Washington and Beijing, the yuan traded at a 5-month high of ¥6.75 per dollar on the day of this report. The yuan is, however, still expected to weaken beyond the ¥7 mark against the dollar within the next 6 months, per a January poll of FX professionals. To reach ¥7 would be to have the yuan at its weakest level since 2008.
