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Best Exchange Rates

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USD to CNY - Compare Exchange Rates

United States Dollar to Chinese Yuan - Convert Compare Save

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

 

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 Transfer Providers
Ratings & Reviews
Receive CNY(¥)Exchange RateFee USDTotal CostTransfer ServicesTransfer SpeedDeal Links
 
OFX logo
65,077 CNY
Best Overall
6.50770^3.21%Bank Transfers - Online & Phone1-2 days
Wells Fargo Bank International Money Transfers
Wells Fargo Bank logo
63,724 CNY
¥1,353 less
6.3839185.22%Online, Branch, Bank Transfers2-3 days
HSBC International Money Transfers
HSBC logo
63,678 CNY
¥1,399 less
6.3774$155.29%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo
63,290 CNY
¥1,787 less
6.3660155.87%Online, Branch, Bank Transfers2-3 days
Bank of America International Money Transfers
Bank of America logo
62,878 CNY
¥2,199 less
6.3513$1006.48%Online, Branch, Bank Transfers2-3 days
U.S. Bank International Money Transfers
U.S. Bank logo
62,878 CNY
¥2,199 less
6.3513$1006.48%Online, Branch, Bank Transfers2-3 days
 
OFX: Foreign Transfer USD→CNY
USD amount:$10,000 USD
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:6.5077 (3.21% from mid-rate)
CNY amount:65,077 CNY
Total Cost:3.21%
Time:
Rate Fetched: Wed Feb 20 2019 10:03:21 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.8/5.0
Reviews:
Wells Fargo Bank: Foreign Transfer USD→CNY
USD amount:$10,000 USD
Fee:18
Exchange Rate:6.3839 (5.05% from mid-rate)
CNY amount:63,724 CNY
Total Cost:5.22%
Difference:
¥1,353 less than using OFX
Time:12:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
HSBC: Foreign Transfer USD→CNY
USD amount:$10,000 USD
Fee:$15 USD (.15%)
Exchange Rate:6.3774 (5.15% from mid-rate)
CNY amount:63,678 CNY
Total Cost:5.29%
Difference:
¥1,399 less than using OFX
Time:12:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo

Foreign Transfer USD→CNY
USD amount:$10,000 USD
Fee:15
Exchange Rate:6.3383 (5.73% from mid-rate)
CNY amount:63,290 CNY
Total Cost:5.87%
Difference:
¥1,787 less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Bank of America: Foreign Transfer USD→CNY
USD amount:$10,000 USD
Fee:$100 USD (1%)
Exchange Rate:6.3513 (5.54% from mid-rate)
CNY amount:62,878 CNY
Total Cost:6.48%
Difference:
¥2,199 less than using OFX
Time:12:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
U.S. Bank: Foreign Transfer USD→CNY
USD amount:$10,000 USD
Fee:$100 USD (1%)
Exchange Rate:6.3513 (5.54% from mid-rate)
CNY amount:62,878 CNY
Total Cost:6.48%
Difference:
¥2,199 less than using OFX
Time:12:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Note we do not compare every single provider in the market, we compare a selection of established, reputable foreign exchange providers & banks who are regulated in the US as licensed money transmitters. We may receive referral fees if you choose one of these providers however this will not affect the exchange rates or fees you are charged.
Rate snapshot: 02/20/2019

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 Providers
Ratings & Reviews
Amount CNY(¥)Exchange RateFee USDTotal CostCurrency ServicesDelivery/CollectDeal Links
Wells Fargo Bank Foreign Currency
Wells Fargo Bank logo
6,294.83 CNY
Compare
6.4233$206.38%Branch-
Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo
6,294 CNY
¥0.83 less
6.3584$106.39%Branch-
U.S. Bank Foreign Currency
U.S. Bank logo
6,293.5 CNY
¥1.33 less
6.293506.4%Branch-
 
Travelex Online US logo
6,101.5 CNY
¥193 less
6.10150^9.25%Online order, Branch pickup, Home delivery2-3 days
Wells Fargo Bank: Travel Money USD→CNY
USD amount:$1,000 USD
Fee:$20 USD (Minimum fee)
Exchange Rate:6.4233 (4.46% from mid-rate)
CNY amount:6,294.83 CNY
Total Cost:6.38%
Time:12:08 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo

Travel Money USD→CNY
USD amount:$1,000 USD
Fee:$10 USD (1%)
Exchange Rate:5.8831 (12.5% from mid-rate)
CNY amount:6,294 CNY
Total Cost:6.39%
Currency Services:Branch
Delivery/Collect:-
U.S. Bank: Travel Money USD→CNY
USD amount:$1,000 USD
Fee:0
Exchange Rate:6.2935 (6.4% from mid-rate)
CNY amount:6,293.5 CNY
Total Cost:6.4%
Time:12:08 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
Travelex Online US: Travel Money USD→CNY
USD amount:$1,000 USD
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:6.1015 (9.25% from mid-rate)
CNY amount:6,101.5 CNY
Total Cost:9.25%
Time:
Rate Fetched: Wed Feb 20 2019 10:00:04 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Note we do not compare every single provider in the market, we compare a selection of established, reputable foreign exchange providers & banks who are regulated in the US as licensed money transmitters. We may receive referral fees if you choose one of these providers however this will not affect the exchange rates or fees you are charged.
Rate snapshot: 02/20/2019

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


$USD


¥CNY
1 United States Dollar equals
6.7207 Chinese Yuan

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

Foreign Transfers Travel Cash/Cards

 
 
1 Week USD to CNY Chart
Loading USD/CNY rates

United States Dollar

Chinese Yuan

1 USD 6.7207 CNY
5 USD 33.60 CNY
10 USD 67.21 CNY
20 USD 134.41 CNY
50 USD 336.04 CNY
100 USD 672.07 CNY
250 USD 1,680.18 CNY
500 USD 3,360.35 CNY
1,000 USD 6,720.70 CNY
2,000 USD 13,441.40 CNY
5,000 USD 33,603.50 CNY
10,000 USD 67,207.00 CNY
50,000 USD 336,035.00 CNY
100,000 USD 672,070.00 CNY
See more

United States Dollar

Chinese Yuan

0.1488 USD 1 CNY
0.7440 USD 5 CNY
1.4880 USD 10 CNY
2.9760 USD 20 CNY
7.4400 USD 50 CNY
14.88 USD 100 CNY
37.20 USD 250 CNY
74.40 USD 500 CNY
148.80 USD 1,000 CNY
297.60 USD 2,000 CNY
744.00 USD 5,000 CNY
1,488.00 USD 10,000 CNY
7,440.00 USD 50,000 CNY
14,880.00 USD 100,000 CNY
See more

CNY Country Guides
ChinaChina

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.

DateExchange RatePeriodChange
20 Feb 20196.7211Latest
13 Feb 20196.76041 Week-0.58%
21 Jan 20196.79821 Month-1.13%
24 Aug 20186.80626 Months-1.25%
20 Feb 20186.34931 Year+5.86%
20 Feb 20176.87912 Years-2.3%
21 Feb 20146.09585 Years+10.26%
22 Feb 20096.839410 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

  1. 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.
  2. 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.
  3. 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.

Currency News and Forecasts - United States Dollar

Pound at 2-Week High Ahead of May-Juncker Brexit Meeting
Euro to Strike 20-Month Low This Week; $1.12 Beckons
HSBC Cuts Australian Dollar Forecast; Aussie to Buy Only US66¢ at Year-End
China’s Ant Financial Acquires WorldFirst
New Zealand Dollar Jumps After RBNZ Says It Won’t Lower Interest Rates
Dollar Optimism Drives Markets