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USD to CNY - Exchange Rate Overview

US Dollar to Chinese Yuan exchange rates can vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 
 

U$1,000 USD
=
¥7,107 CNY

*Converted at interbank exchange rate, scroll down to compare foreign transfer and spend/travel exchange rates.


 

Latest interbank exchange rate:

1 USD = 7.1071 CNY

Sell USD / Buy CNY 

 
USD to CNY 90-day trend
1-DAY0.5% 90-DAY-HI (6d)
USD/CNY at 7.1055 was trading 0.6% above AVG:7.0631 with LO:6.932 and HI:7.1694 (90 days). There are no current rate alerts.

Convert USD to CNY More Charts


US Dollar to Chinese Yuan - Quick Conversions

USD CNY
U$ 1 ¥ 7.1071
U$ 5 ¥ 35.54
U$ 10 ¥ 71.07
U$ 20 ¥ 142.14
U$ 50 ¥ 355.36
U$ 100 ¥ 710.71
U$ 250 ¥ 1,777
U$ 500 ¥ 3,554
U$ 1,000 ¥ 7,107
U$ 2,000 ¥ 14,214
U$ 5,000 ¥ 35,536
U$ 10,000 ¥ 71,071
U$ 50,000 ¥ 355,355
U$ 100,000 ¥ 710,710
More amounts
USD CNY
U$ 0.1407 ¥ 1
U$ 0.7035 ¥ 5
U$ 1.4070 ¥ 10
U$ 2.8140 ¥ 20
U$ 7.0350 ¥ 50
U$ 14.07 ¥ 100
U$ 35.18 ¥ 250
U$ 70.35 ¥ 500
U$ 140.70 ¥ 1,000
U$ 281.40 ¥ 2,000
U$ 703.50 ¥ 5,000
U$ 1,407 ¥ 10,000
U$ 7,035 ¥ 50,000
U$ 14,070 ¥ 100,000
More amounts

To calculate your own USD/CNY amounts use our Convert USD to CNY quick calculator.


Comparing Foreign Exchange Providers

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, Travel Money and prepaid multi-currency Travel Card transactions.

The Exchange rate you are offered can also 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 Provider Receive CNY(¥) Exchange RateFee USDDeal Links
OFX logo
¥6,843.6
3.72%
Best Overall
6.84360^
XE logo
¥7,001.5
1.5%
¥158 more
7.00150
HSBC logo
¥6,710.02
5.6%
¥134 less
6.7201U$1.50
U.S. Bank International Money Transfers
U.S. Bank logo
¥6,692.6
5.85%
¥151 less
6.69260
Bank of America International Money Transfers
Bank of America logo
¥6,592.21
7.26%
¥251 less
6.6926U$15
Wells Fargo Bank logo
¥6,592.36
7.26%
¥251 less
6.7269U$20
Banks - Average Rate
U.S. Bank logo Bank of America logo HSBC logo Wells Fargo Bank logo
¥6,647
6.49%
¥197 less
6.708115
 
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OFX: Foreign Transfer USD→CNY
From Amount (USD)U$1,000
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:6.8436 (3.72% from mid-rate)
To Amount (CNY) ¥6,843.6
Total Cost:3.72%
Time:
Rate Fetched: Wed Jun 03 2020 09:03:19 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
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XE: Foreign Transfer USD→CNY
From Amount (USD)U$1,000
Fee:
Exchange Rate:7.0015 (1.5% from mid-rate)
To Amount (CNY) ¥7,001.5
Total Cost:1.5%
Difference:
¥158 CNY more than using OFX
Time:9:30 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 3.5/5.0
Reviews:
 
HSBC logo
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HSBC: Foreign Transfer USD→CNY
From Amount (USD)U$1,000
Fee:U$1.50 USD (.15%)
Exchange Rate:6.7201 (5.46% from mid-rate)
To Amount (CNY) ¥6,710.02
Total Cost:5.6%
Difference:
¥134 CNY less than using OFX
Time:9:30 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
U.S. Bank logo
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U.S. Bank: Foreign Transfer USD→CNY
From Amount (USD)U$1,000
Fee:0
Exchange Rate:6.6926 (5.85% from mid-rate)
To Amount (CNY) ¥6,692.6
Total Cost:5.85%
Difference:
¥151 CNY less than using OFX
Time:9:30 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Bank of America logo
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Bank of America: Foreign Transfer USD→CNY
From Amount (USD)U$1,000
Fee:U$15 USD (Minimum fee)
Exchange Rate:6.6926 (5.85% from mid-rate)
To Amount (CNY) ¥6,592.21
Total Cost:7.26%
Difference:
¥251 CNY less than using OFX
Time:9:30 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Wells Fargo Bank logo
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Wells Fargo Bank: Foreign Transfer USD→CNY
From Amount (USD)U$1,000
Fee:U$20 USD (Minimum fee)
Exchange Rate:6.7269 (5.36% from mid-rate)
To Amount (CNY) ¥6,592.36
Total Cost:7.26%
Difference:
¥251 CNY less than using OFX
Time:9:30 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
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Foreign Transfer USD→CNY
From Amount (USD)U$1,000
Fee:15
Exchange Rate:6.6789 (6.04% from mid-rate)
To Amount (CNY) ¥6,647
Total Cost:6.49%
Difference:
¥197 CNY less than using OFX
Transfer Speed:
Services:
 
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Snapshot 06/03/2020 - View live rates
 

The below comparison table displays the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

 

USD to CNY - Travel Money & Cards

Provider Amount CNY(¥) Exchange RateFee USDDeal Links
¥7,037.24
1%
Best Overall
7.0726U$5.00
U.S. Bank Foreign Cash
U.S. Bank logo
¥6,653.5
6.4%
¥384 less
6.65350
Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo
¥6,587
7.33%
¥450 less
6.653515
Wells Fargo Bank logo
¥6,520.43
8.27%
¥517 less
6.6535U$20
Travelex Online logo
¥6,262.6
11.89%
¥775 less
6.26260^
 
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TransferWise: Travel Money USD→CNY
From Amount (USD)U$1,000
Fee:U$5.00 USD (0.5% + U$1)
Exchange Rate:7.0726 (-0.5% from mid-rate)
To Amount (CNY) ¥7,037.24
Total Cost:1%
Time:9:30 Local
Currency Services:Multi-currency debit card with linked foreign bank accounts
Delivery/Collect:5-7 days
Rating:
 
: 4.6/5.0
Reviews:
 
U.S. Bank logo
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U.S. Bank: Travel Money USD→CNY
From Amount (USD)U$1,000
Fee:0
Exchange Rate:6.6535 (-6.4% from mid-rate)
To Amount (CNY) ¥6,653.5
Total Cost:6.4%
Time:9:30 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
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Travel Money USD→CNY
From Amount (USD)U$1,000
Fee:15
Exchange Rate:6.2196 (-12.5% from mid-rate)
To Amount (CNY) ¥6,587
Total Cost:7.33%
Currency Services:Branch
Delivery/Collect:-
 
Wells Fargo Bank logo
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Wells Fargo Bank: Travel Money USD→CNY
From Amount (USD)U$1,000
Fee:U$20 USD (Minimum fee)
Exchange Rate:6.6535 (-6.4% from mid-rate)
To Amount (CNY) ¥6,520.43
Total Cost:8.27%
Time:9:30 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
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Travelex Online: Travel Money USD→CNY
From Amount (USD)U$1,000
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:6.2626 (-11.89% from mid-rate)
To Amount (CNY) ¥6,262.6
Total Cost:11.89%
Time:
Rate Fetched: Wed Jun 03 2020 09:30:03 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
loading
Snapshot 06/03/2020 - View live rates
 
 

Chinese Yuan (CNY) Country Guides

ChinaChina (CNY)

US Dollar and Chinese Yuan Forecasts

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.

US Dollar (USD)

In early May the continuing coronavirus pandemic and an associated possible re-escalation in the US-China trade tensions has moved the market into safer currencies such as the USD and JPY.

Goldman Sachs and RBC Capital forecast a large drop for US dollar against Japanese Yen to continue with a USD/JPY rate of 95 in the near future.

The US dollar held its value in 2019 despite the US-China trade tensions, mainly because the greenback is still considered a safer currency to own than most others.

Read more in the article USD Forecasts.

 

Chinese Yuan (CNY)

NAB told Bloomberg TV that it sees a recovery in Asian currencies in the 2nd half of 2020 if the coronavirus comes under control.

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.


How to get Best USD to CNY Exchange Rates

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).

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.

 

What is a good USD to CNY exchange rate?

This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.

The following table looks at the change in the USD to CNY exchange rate over periods upto 10 years.

USD/CNYPeriod to 02-JunDateRate
0.5% ▼1 Week26 May 20207.1351
0.6% ▲30 Days03 May 20207.0625
1.9% ▲90 Days04 Mar 20206.9664
2.9% ▲1 Year03 Jun 20196.9038
14.8% ▲5 Years04 Jun 20156.1832
4% ▲10 Years05 Jun 20106.8287
USD/CNY 10 year rates & changes to 02-Jun-2020 (7.1014)
 

When is the best time to exchange USD to CNY?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup BER.me FX Alerts

 

We help you Save Money on Exchange Rates.

Foreign Transfers Travel Money

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