cancel-circle Switch

USD to CNY - Exchange Rates Guide

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

 
 

USD/CNY exchange rate (wholesale):

1 USD = 7.0664 CNY

Sell USD / Buy CNY 

 
USD to CNY chart and trends
60-DAY-LO (2d)
USD/CNY at 7.0664 was trading near AVG:7.0854 with LO:7.0361 and HI:7.1694 (90 days). There are no current rate alerts.

US Dollar to Chinese Yuan - Quick Conversions

USD CNY
U$ 1 ¥ 7.0664
U$ 5 ¥ 35.33
U$ 10 ¥ 70.66
U$ 20 ¥ 141.33
U$ 50 ¥ 353.32
U$ 100 ¥ 706.64
U$ 250 ¥ 1,767
U$ 500 ¥ 3,533
U$ 1,000 ¥ 7,066
U$ 2,000 ¥ 14,133
U$ 5,000 ¥ 35,332
U$ 10,000 ¥ 70,664
U$ 50,000 ¥ 353,320
U$ 100,000 ¥ 706,640
More amounts
USD CNY
U$ 0.1415 ¥ 1
U$ 0.7075 ¥ 5
U$ 1.4150 ¥ 10
U$ 2.8300 ¥ 20
U$ 7.0750 ¥ 50
U$ 14.15 ¥ 100
U$ 35.38 ¥ 250
U$ 70.75 ¥ 500
U$ 141.50 ¥ 1,000
U$ 283.00 ¥ 2,000
U$ 707.50 ¥ 5,000
U$ 1,415 ¥ 10,000
U$ 7,075 ¥ 50,000
U$ 14,150 ¥ 100,000
More amounts

To calculate other USD/CNY amounts try our home-page Convert USD to CNY quick converter.


Comparing Retail Exchange Rates

The total cost for 'Retail' exchange rates you receive from your bank or foreign exchange provider consists of the margin from the 'Wholesale' rate (interbank mid-rate) plus any fixed or percentage fees.

These margins and fees can vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the exchange rate margin will also vary depending on the currency pair and total amount.

 
 

USD to CNY International Money Transfers

Provider ReviewReceive CNY(¥)Exchange RateFee USDDeal Links
XE
> Best Overall
¥6,960.4
1.5%
6.96040
OFX
¥6,784.2
3.99%
6.78420^
HSBC logo
HSBC
¥6,651.71
5.87%
¥309 less
6.6617U$1.50
U.S. Bank logo
U.S. Bank
¥6,634.5
6.11%
¥326 less
6.63450
Bank of America logo
Bank of America
¥6,534.98
7.52%
¥425 less
6.6345U$15
Wells Fargo Bank logo
Wells Fargo Bank
¥6,535.13
7.52%
¥425 less
6.6685U$20
Banks - Average Rate
U.S. Bank logo Bank of America logo HSBC logo Wells Fargo Bank logo
¥6,589
6.75%
¥371 less
6.649815
XE
 
loading
XE: Foreign Transfer USD→CNY
From Amount (USD)U$1,000
Fee:
Exchange Rate:6.9604 (1.5% from mid-rate)
To Amount (CNY) ¥6,960.4
Total Cost:1.5%
Time:7:29 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Speak to Dealers
Rating:
 
: 3.5/5.0
Review:


Compare XE Rates
OFX
 
loading
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:6.7842 (3.99% from mid-rate)
To Amount (CNY) ¥6,784.2
Total Cost:3.99%
Time:
Rate Fetched: Sat Jul 04 2020 07:03:13 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Speak to Dealers, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Review:


Compare OFX Rates
HSBC
 
loading
HSBC: Foreign Transfer USD→CNY
From Amount (USD)U$1,000
Fee:U$1.50 USD (.15%)
Exchange Rate:6.6617 (5.73% from mid-rate)
To Amount (CNY) ¥6,651.71
Total Cost:5.87%
Difference:
¥309 CNY less than using XE
Time:7:29 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Review:


Compare HSBC Rates
U.S. Bank
 
loading
U.S. Bank: Foreign Transfer USD→CNY
From Amount (USD)U$1,000
Fee:0
Exchange Rate:6.6345 (6.11% from mid-rate)
To Amount (CNY) ¥6,634.5
Total Cost:6.11%
Difference:
¥326 CNY less than using XE
Time:7:29 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Review:


Compare U.S. Bank Rates
Bank of America
 
loading
Bank of America: Foreign Transfer USD→CNY
From Amount (USD)U$1,000
Fee:U$15 USD (Minimum fee)
Exchange Rate:6.6345 (6.11% from mid-rate)
To Amount (CNY) ¥6,534.98
Total Cost:7.52%
Difference:
¥425 CNY less than using XE
Time:7:29 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Review:


Compare Bank of America Rates
Wells Fargo Bank
 
loading
Wells Fargo Bank: Foreign Transfer USD→CNY
From Amount (USD)U$1,000
Fee:U$20 USD (Minimum fee)
Exchange Rate:6.6685 (5.63% from mid-rate)
To Amount (CNY) ¥6,535.13
Total Cost:7.52%
Difference:
¥425 CNY less than using XE
Time:7:29 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Review:


Compare Wells Fargo Bank Rates
Banks - Average Rate
 
loading
Foreign Transfer USD→CNY
From Amount (USD)U$1,000
Fee:15
Exchange Rate:6.6209 (6.3% from mid-rate)
To Amount (CNY) ¥6,589
Total Cost:6.75%
Difference:
¥371 CNY less than using XE
Transfer Speed:
Services:


 
loading
Snapshot 07/04/2020 - View live rates
 
 

USD to CNY - Travel Money & Cards

Provider ReviewAmount CNY(¥)Exchange RateFee USDDeal Links
TransferWise
> Best Overall
¥6,925.63
1.99%
7.0311U$15.00
U.S. Bank logo
U.S. Bank
¥6,614.5
6.4%
¥311 less
6.61450
Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo
¥6,548
7.33%
¥378 less
6.614515
Wells Fargo Bank logo
Wells Fargo Bank
¥6,482.21
8.27%
¥443 less
6.6145U$20
Travelex Online
¥6,229.8
11.84%
6.22980^
TransferWise
 
loading
TransferWise: Travel Money USD→CNY
From Amount (USD)U$1,000
Fee:U$15.00 USD (1.5%)
Exchange Rate:7.0311 (-0.5% from mid-rate)
To Amount (CNY) ¥6,925.63
Total Cost:1.99%
Time:7:29 Local
Currency Services:Multi-currency debit card with linked foreign bank accounts
Delivery/Collect:5-7 days
Rating:
 
: 4.6/5.0
Review:


U.S. Bank
 
loading
U.S. Bank: Travel Money USD→CNY
From Amount (USD)U$1,000
Fee:0
Exchange Rate:6.6145 (-6.4% from mid-rate)
To Amount (CNY) ¥6,614.5
Total Cost:6.4%
Time:7:29 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Review:


Banks - Average Rate
 
loading
Travel Money USD→CNY
From Amount (USD)U$1,000
Fee:15
Exchange Rate:6.1831 (-12.5% from mid-rate)
To Amount (CNY) ¥6,548
Total Cost:7.33%
Currency Services:Branch
Delivery/Collect:-


Wells Fargo Bank
 
loading
Wells Fargo Bank: Travel Money USD→CNY
From Amount (USD)U$1,000
Fee:U$20 USD (Minimum fee)
Exchange Rate:6.6145 (-6.4% from mid-rate)
To Amount (CNY) ¥6,482.21
Total Cost:8.27%
Time:7:29 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Review:


Travelex Online
 
loading
Travelex Online: Travel Money USD→CNY
From Amount (USD)U$1,000
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:6.2298 (-11.84% from mid-rate)
To Amount (CNY) ¥6,229.8
Total Cost:11.84%
Time:
Rate Fetched: Sat Jul 04 2020 07:15:03 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Review:


 
loading
Snapshot 07/04/2020 - 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)

Westpac see 10% growth in China next year with a corresponding positive impact on the iron ore price and commodity linked currencies such as AUD. 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 history of USD vs CNY.

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

USD/CNY historic rateChange to 03-JulPeriod
7.0784  26 Jun 20200.2% ▼1 Week
7.1157  03 Jun 20200.7% ▼30 Days
7.0923  04 Apr 20200.4% ▼90 Days
6.8716  04 Jul 20192.8% ▲1 Year
6.1972  05 Jul 201514% ▲5 Years
6.7809  06 Jul 20104.2% ▲10 Years
USD/CNY 10 year historic rates & changes to 03-Jul-2020 : 7.0664
 

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