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Best USD to CNY Exchange Rates Compared Live

The best USD to CNY exchange rate is 7.1964. Compare foreign transfer and currency exchange rates, find better rates & deals.

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Comparing USD-CNY exchange rates

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.

The above Dollar to Yuan comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged vs the latest USD-CNY mid-rate (see below) and the possible savings of using another provider.

US dollar to Chinese yuan (USDCNY) rate guide contents:

 
@bestfxrates : FX analysts see USD maintaining strength vs CNY near term, with 7-day lows indicating stability. HSBC predicts Yuan depreciation, USD/CNY possibly hitting 7.20 in '24 before a gradual drop to 6.75 by '29. Monitor economic indicators & policy shifts for currency strategy. #USDCNY #ForexUpdate

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USD to CNY Market Data

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

 
1 USD =
7.1964We compare provider deals to this wholesale mid-market rate. Read more
CNY
-0.0%
πŸ“ˆ3M
USD to CNY is at 90-day highs near 7.1983, just 0.9% above its 3-month average of 7.1314, having traded in a stable 1.8% range from 7.0698 to 7.1983
|
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  1 CNY = 0.1390 USD
DateUSD/CNYChangePeriod
16 Feb 2024
7.1193
1.1% β–²2 Week
02 Dec 2023
7.0718
1.8% β–²3 Month
02 Mar 2023
6.9153
4.1% β–²1 Year
03 Mar 2019
6.7064
7.3% β–²5 Year
04 Mar 2014
6.1402
17.2% β–²10 Year
06 Mar 2004
8.2736
13% β–Ό20 Year
USD/CNY historic rates & change to 01-Mar-2024
 

What are equivalent amounts of USD and CNY?

Here are some popular conversion amounts for USD to CNY (US dollar to Chinese yuan)*.

USD CNY
$ 1 ¥ 7.1964
$ 5 ¥ 35.98
$ 10 ¥ 71.96
$ 20 ¥ 143.93
$ 50 ¥ 359.82
$ 100 ¥ 719.64
$ 250 ¥ 1,799
$ 500 ¥ 3,598
$ 1,000 ¥ 7,196
$ 2,000 ¥ 14,393
$ 5,000 ¥ 35,982
$ 10,000 ¥ 71,964
$ 20,000 ¥ 143,928
$ 50,000 ¥ 359,820
$ 100,000 ¥ 719,640
USD CNY
$ 0.1390 ¥ 1
$ 0.6950 ¥ 5
$ 1.3900 ¥ 10
$ 2.7800 ¥ 20
$ 6.9500 ¥ 50
$ 13.90 ¥ 100
$ 34.75 ¥ 250
$ 69.50 ¥ 500
$ 139.00 ¥ 1,000
$ 278.00 ¥ 2,000
$ 695.00 ¥ 5,000
$ 1,390 ¥ 10,000
$ 2,780 ¥ 20,000
$ 6,950 ¥ 50,000
$ 13,900 ¥ 100,000

More amounts

*Converted at the current USDCNY interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

Forecasts for USD to CNY

 

Based on recent forecasts and market updates, it appears that the US Dollar (USD) is expected to maintain its strength against the Chinese Yuan (CNY) in the near term. The USD has shown resilience due to positive economic indicators in the US, including a strong January jobs report and robust Consumer Pricing Index (CPI) readings. Analysts suggest that uncertainties over Fed rate cuts have bolstered the USD, with expectations now leaning towards potential rate cuts being delayed until at least May. Geopolitical tensions and concerns surrounding other economies, such as that of China, may further support the USD's position in the currency markets.

Read our full review of recent USD to CNY forecasts.

 

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 Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Keep track of currency Trends; UpπŸ“ˆ or DownπŸ“‰ trends over periods from 1 week (1W) to 3 months (3M).

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending


 

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

 
 
 

Country Currency 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

   
 
 

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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