The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
USD to CNY Market Data
US dollar (USD) to Chinese yuan (CNY) market data - latest interbank exchange rate, trend, chart & historic rates.
Markets show a bearish bias for USD/CNY, with anticipated Fed rate cuts likely weakening the USD. Experts forecast the CNY to strengthen past 7-yuan per dollar due to improving economic signals in China and narrowed yield differentials. Expect range-bound trading ahead with potential risks on both sides
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USD to CNY Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much US dollar are worth in Chinese yuan across a range of amounts.
This gives a quick view of what you’d get when converting different USD amounts at today’s rate * :
What is the
best Send Money conversion rate for USD to CNY?
The best USD to CNY exchange rate is 6.8657 from Western Union. This is -1.6% compared to the mid-market rate 6.9774.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
US dollar (USD) to Chinese yuan (CNY) rates from different sources before making a conversion.
The above
Dollar to Yuan comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest USD-CNY mid-rate and the possible savings of using various providers.
How do USD-CNY rates compare between providers?
Looking at the full
USD to CNY - Send Money comparison table the provider with the best USD to CNY exchange rate is Western Union at 6.8657, -1.6% from the latest mid-market rate 6.9774.
The next best is Wise at 6.8529, -1.8% from the mid-rate.
Then OFX at 6.7797, which is -2.8% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.