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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 for USD/CNY International Money Transfers. Costs are calculated against the amount when USD is converted to CNY at mid-rate.

Sending a LARGER foreign transfer? Request a Multi-Vendor Quote ▾
Foreign Transfer Providers
Ratings & Reviews
Receive CNY(¥)Exchange RateFee USDTotal CostTransfer ServicesTransfer SpeedDeal Links
 
OFX logo
64,827 CNY
Best Overall
6.48270^3.31%Bank Transfers - Online & Phone, Foreign Currency Accounts1-2 days
Wells Fargo Bank logo
63,480 CNY
1,347 CNY
6.3594185.32%Online, Branch, Bank Transfers2-3 days
HSBC logo
63,434 CNY
1,393 CNY
6.3529$155.38%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo
63,047 CNY
1,780 CNY
6.3416155.96%Online, Branch, Bank Transfers2-3 days
Bank of America International Money Transfers
Bank of America logo
62,637 CNY
2,190 CNY
6.327$1006.57%Online, Branch, Bank Transfers2-3 days
U.S. Bank International Money Transfers
U.S. Bank logo
62,637 CNY
2,190 CNY
6.327$1006.57%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:6.4827 (3.31% from mid-rate)
CNY amount:64,827 CNY
Total Cost:3.31%
Time:
Rate Fetched: Sat Apr 20 2019 16:03:12 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 logoWells Fargo Bank

Wells Fargo Bank: Foreign Transfer USD→CNY
USD amount:$10,000 USD
Fee:18
Exchange Rate:6.3594 (5.15% from mid-rate)
CNY amount:63,480 CNY
Total Cost:5.32%
Difference:
1,347 CNY less than using OFX
Time:18:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

HSBC logoHSBC

HSBC: Foreign Transfer USD→CNY
USD amount:$10,000 USD
Fee:$15 USD (.15%)
Exchange Rate:6.3529 (5.24% from mid-rate)
CNY amount:63,434 CNY
Total Cost:5.38%
Difference:
1,393 CNY less than using OFX
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
USD amount:$10,000 USD
Fee:15
Exchange Rate:6.3140 (5.82% from mid-rate)
CNY amount:63,047 CNY
Total Cost:5.96%
Difference:
1,780 CNY less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Bank of America logoBank of America

Bank of America: Foreign Transfer USD→CNY
USD amount:$10,000 USD
Fee:$100 USD (1%)
Exchange Rate:6.3270 (5.63% from mid-rate)
CNY amount:62,637 CNY
Total Cost:6.57%
Difference:
2,190 CNY less than using OFX
Time:18:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

U.S. Bank logoU.S. Bank

U.S. Bank: Foreign Transfer USD→CNY
USD amount:$10,000 USD
Fee:$100 USD (1%)
Exchange Rate:6.3270 (5.63% from mid-rate)
CNY amount:62,637 CNY
Total Cost:6.57%
Difference:
2,190 CNY less than using OFX
Time:18:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

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.

Sending a LARGER foreign transfer? Request a Multi-Vendor Quote ▾
Travel Money Providers
Ratings & Reviews
Amount CNY(¥)Exchange RateFee USDTotal CostCurrency ServicesDelivery/CollectDeal Links
U.S. Bank Foreign Currency
U.S. Bank logo
6,275.7 CNY
Compare
6.275706.39%Branch-
Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo
6,213 CNY
63 CNY
6.2757$107.33%Branch-
Wells Fargo Bank logo
6,150.19 CNY
126 CNY
6.2757$208.27%Branch-
 
Travelex Online US logo
5,911.3 CNY
364 CNY
5.91130^11.83%Online order, Branch pickup, Home delivery2-3 days
 

U.S. Bank logoU.S. Bank

U.S. Bank: Travel Money USD→CNY
USD amount:$1,000 USD
Fee:0
Exchange Rate:6.2757 (6.39% from mid-rate)
CNY amount:6,275.7 CNY
Total Cost:6.39%
Time:18:00 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money USD→CNY
USD amount:$1,000 USD
Fee:$10 USD (1%)
Exchange Rate:5.8664 (12.5% from mid-rate)
CNY amount:6,213 CNY
Total Cost:7.33%
Currency Services:Branch
Delivery/Collect:-
 

Wells Fargo Bank logoWells Fargo Bank

Wells Fargo Bank: Travel Money USD→CNY
USD amount:$1,000 USD
Fee:$20 USD (Minimum fee)
Exchange Rate:6.2757 (6.39% from mid-rate)
CNY amount:6,150.19 CNY
Total Cost:8.27%
Time:18:00 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:5.9113 (11.83% from mid-rate)
CNY amount:5,911.3 CNY
Total Cost:11.83%
Time:
Rate Fetched: Sat Apr 20 2019 16:00:04 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 

USD to CNY interbank exchange rate = 6.7044

Right now the USD/CNY interbank exchange rate is 6.7044. It’s also called the mid-market rate or just the mid-rate and is the rate that banks use when trading large amounts of foreign currencies with one another.

It's the reference rate we use to calculate how much you are being charged to convert Chinese Yuan to United States Dollar.

This USD/CNY Converter calculates equivalent United States Dollar to Chinese Yuan amounts at the market mid-rate. You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.

USD / CNY converter & margin calculator


$USD
¥CNY
Mid-rates:
 

Foreign Transfers Travel Money

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

Foreign Transfers Travel Money

1 Week USD to CNY
Loading USD/CNY rates

United States Dollar

Chinese Yuan

1 USD 6.7044 CNY
5 USD 33.52 CNY
10 USD 67.04 CNY
20 USD 134.09 CNY
50 USD 335.22 CNY
100 USD 670.44 CNY
250 USD 1,676.10 CNY
500 USD 3,352.20 CNY
1,000 USD 6,704.40 CNY
2,000 USD 13,408.80 CNY
5,000 USD 33,522.00 CNY
10,000 USD 67,044.00 CNY
50,000 USD 335,220.00 CNY
100,000 USD 670,440.00 CNY
See more

United States Dollar

Chinese Yuan

0.1492 USD 1 CNY
0.7460 USD 5 CNY
1.4920 USD 10 CNY
2.9840 USD 20 CNY
7.4600 USD 50 CNY
14.92 USD 100 CNY
37.30 USD 250 CNY
74.60 USD 500 CNY
149.20 USD 1,000 CNY
298.40 USD 2,000 CNY
746.00 USD 5,000 CNY
1,492.00 USD 10,000 CNY
7,460.00 USD 50,000 CNY
14,920.00 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 Apr 20196.7044Latest
13 Apr 20196.70421 Week0%
21 Mar 20196.69901 Month+0.08%
22 Oct 20186.94756 Months-3.5%
20 Apr 20186.29531 Year+6.5%
20 Apr 20176.88242 Years-2.59%
21 Apr 20146.21425 Years+7.89%
22 Apr 20096.830610 Years-1.85%

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

In the third week of April the Dollar Index was rallying strongly towards the mid-97s, slightly below major resistance at 97.70, a break of which would be massively positive for the greenback. The index was up 1.7 percent year-to-date.

The dollar’s strength comes in spite of a dovish surprise in March from the Federal Reserve, which ditched two interest rate hikes from its 2019 projections. Fortunately for dollar holders, the rest of the world has problems and other important central banks also turned dovish, removing much of the incentive for selling USD.

Bloomberg research warned in April of potential for a large upcoming move in the US dollar, up or down. Over the past quarter-century, three prominent troughs in the JPMorgan Global FX Volatility Index were followed by dollar moves over 6-month periods worth 10-15 percent. The index was trading in mid-April at a 5-year low.

Chinese Yuan (CNY) - Market news and forecasts

In early 2019, the yuan has appreciated away from long-term lows established in the fourth quarter of last year. By March-13, the yuan held year-to-date gains of 2.5 percent and 4 percent against the dollar (¥6.708) and euro (¥7.574) respectively, and these amounts increase to 4 and 7 percent if current rates are compared with fourth-quarter lows.

The main news piece for yuan investors remains the US-China trade spat, for which negotiations are still taking place. The massive tariffs that might be imposed (or remain) on Chinese goods makes them expensive to American buyers, which lessens their appeal and necessitates a weaker yuan, especially so if Beijing instructs the PBOC to intentionally weaken the currency to offset the impacts of tariffs (in March, the PBOC denied it would devalue the yuan to boost exports, or strengthen it to ease trade tensions).

For now, the yuan will continue trading between ¥6.65 to ¥6.90 to the dollar, a Natwest analyst said in March.

Nomura argued that the yuan was already overvalued against the dollar and would weaken "in the medium to long term," although it couldn’t offer any precise exchange rate targets.