USD/CNY: what to know
The USD/CNY rate shows how much CNY you get for 1 USD. Right now, 1 USD buys 6.6781 CNY at the mid-market rate. In the other direction, 1 CNY is worth 0.1497 USD.
In the short term USD is driven mainly by Fed policy, US growth and global risk appetite, while CNY responds to PBoC decisions and Chinese growth.
The US Dollar (USD) is issued by Federal Reserve (Fed). Most of the world’s central-bank reserves are held in US dollars. The Chinese Yuan (CNY) is issued by People’s Bank of China. One yuan = 10 jiao = 100 fen.
Available archived USD/CNY observations within the last 365 days range from 6.7113 to 7.1271, with a -5.57% change from the first to the last available sample. This is not necessarily a full year of observations or an intraday range.
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.