About this pair
USD/CNH: what to know
The USD/CNH rate shows how much CNH you get for 1 USD. Right now, 1 USD buys 6.6691 CNH at the mid-market rate. In the other direction, 1 CNH is worth 0.1499 USD.
In the short term USD is driven mainly by Fed policy, US growth and global risk appetite, while CNH responds to sentiment toward China and offshore flows.
The US Dollar (USD) is issued by Federal Reserve (Fed). Most of the world’s central-bank reserves are held in US dollars. CNH is the “offshore” version of the Chinese yuan, traded mainly in Hong Kong — hence the “H”.
Your bank, card issuer or exchange office may use a different rate and charge fees. Compare the final amount after the charges disclosed for your offer.