The live mid-rate USD to CNY exchange rate is 7.2033. Compare Business currency conversion rates - Reduce FX costs.
The best Business USD to CNY exchange rate is 7.1565 from Wise. This is -0.65% compared to the mid-market rate 7.2033.
As Business 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.
Looking at our comparison table the best Business USD to CNY exchange rate is 7.1565 from Wise, -0.65% from the mid-market rate 7.2033. The next best rate is 7.088 from Western Union, -1.6% from the mid-rate. Then WorldRemit with 7.0304 is -2.4% from the mid-rate.
Among the banks, the Chase Bank rate is 6.5663 at -8.8%, the Wells Fargo Bank rate is 6.5231 at -9.4%, and the Citibank rate is 6.8545 at -4.8% compared to the mid-rate 7.2033.
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.
The Business Dollar to Yuan comparison table above 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 (see Market Data below ) and the possible savings of using various providers.
US dollar (USD) to Chinese yuan (CNY) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | USD/CNY | Change | Period |
|---|---|---|---|
29 Apr 2025 | 7.2950 | 1.3% ▼ | 2 Week |
12 Feb 2025 | 7.3091 | 1.4% ▼ | 3 Month |
13 May 2024 | 7.2333 | 0.4% ▼ | 1 Year |
14 May 2020 | 7.0958 | 1.5% ▲ | 5 Year |
16 May 2015 | 6.1833 | 16.5% ▲ | 10 Year |
18 May 2005 | 8.2754 | 13% ▼ | 20 Year |
Here are some popular conversion amounts for USD to CNY (US dollar to Chinese yuan)*.
*Converted at the current USDCNY interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The USD to CNY exchange rate has recently seen varied pressures, driven by unique developments in U.S.-China trade relations and broader economic indicators. The USD has experienced a surge in value following a 90-day trade truce announced between the U.S. and China, which is expected to lower tariffs significantly. This development is viewed positively by investors as it alleviates recession fears and provides favorable conditions for the dollar, especially with anticipated hawkish actions from the Federal Reserve based on recent inflation data.
Read our full review of recent USD to CNY forecasts.
There are several ways to save on exchange rates when converting US dollar to Chinese yuan:
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.
Read our Currency guide to China — a practical currency and money guide to travel in China plus living and doing business with the Chinese yuan.
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.
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 Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
| United States (USD) | China (CNY) |
The expat life in China can vary greatly depending on a number of factors, including one's location, job, and personal circumstances.
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Read more at our China (CNY) country guide
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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