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    USD to CNY Exchange Rates

    Compare & Save on US dollar to Chinese yuan exchange rates. Latest US dollar to yuan analysis and review of forecasts.

       

    In this US dollar to yuan (USD/CNY) rate guide:

    Rate Calculator - US dollar to Chinese yuan

    Exchange rates can vary significantly between different currency exchange providers, so it's important to compare US dollar (USD) to Chinese yuan (CNY) rates from different sources before making a conversion.

    This exchange rate calculator makes it easy to compare the Total Cost you are being charged on US dollar to yuan currency rates and the possible savings of using various providers.

     

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    USD to CNY Market Data

    US dollar (USD) to Chinese yuan (CNY) market data - latest interbank mid-rate, trend, chart & historic rates.

     
    1 USD =
    7.0647We compare provider deals to this wholesale mid-market rate. Read more
    CNY
    USD to CNY at 7.0647 is 2.1% above its 3-month average of 6.9188, having traded in a very stable 3.8% range from 6.8199 to 7.0789
    |
    Sell USD   →   Buy CNY
    Track Rate

      1 CNY = 0.1415 USD
    90-DAYHIGH2d
     
    DateUSD/CNYChangePeriod
    12 May 2023
    6.9582
    1.5% 2 Week
    25 Feb 2023
    6.9561
    1.6% 3 Month
    26 May 2022
    6.7389
    4.8% 1 Year
    27 May 2018
    6.3698
    10.9% 5 Year
    28 May 2013
    6.1334
    15.2% 10 Year
    31 May 2003
    8.2734
    14.6% 20 Year
    USD/CNY historic rates & change to 26-May-2023

    What are USD to CNY forecasts?

    Recent forecasts from FX analysts suggest that the USD to CNY exchange rate is expected to remain volatile in the short term. The USD has been firming against the CNY due to increasing economic tensions between the US and China, particularly after Beijing's decision to ban memory chips made by US tech company Micron. The increased bearish mood has also contributed to a rise in demand for the safe-haven currency, which has been another factor in the USD's gains.

    Read our full analysis of USD to CNY forecasts.

     
    USD to CNY flags

    How to get a good USD to CNY exchange rate

    There are several ways to save on exchange rates when converting US dollar to Chinese yuan:

    1. Shop around for the best USD/CNY exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
    2. Timing is important: Keep an eye on the USD/CNY rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
    3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
    4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both USD and CNY at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
    5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

    The key is reducing excessive costs and fees

    Generally speaking, if you are buying Chinese yuan with US dollar, then it's better for the USD/CNY exchange rate to be higher.

    However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.

    It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

    Will the US dollar rise against the Chinese yuan?

    It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

    To help with this you can add USD/CNY to your personalised BER Smart Rate Tracker to track and benefit from currency movements.

     
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    Manage My Rates

     

    Rather than requiring you to set a target rate, our FX Alerts work differently. Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP DOWN HIGH LOW alerts over a range of periods over the recent 90 days.

    Read our Currency guide to China - a practical currency and money guide to travel, living and doing business in China with the Chinese yuan.

     
     
     

    US dollar & Chinese yuan - Country Guides

    United StatesUnited States (USD)ChinaChina (CNY)
     

    How is the Expat life in China?

    The expat life in China can vary greatly depending on a number of factors, including one's location, job, and personal circumstances.

    Read more at our China (CNY) country guide

       
     
     
     

    Related exchange rates

     

    Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more

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