CNY/USD: what to know
The CNY/USD rate shows how much USD you get for 1 CNY. Right now, 1 CNY buys 0.1495 USD at the mid-market rate. In the other direction, 1 USD is worth 6.6912 CNY.
In the short term CNY is driven mainly by PBoC decisions and Chinese growth, while USD responds to Fed policy, US growth and global risk appetite.
The Chinese Yuan (CNY) is issued by People’s Bank of China. One yuan = 10 jiao = 100 fen. The US Dollar (USD) is issued by Federal Reserve (Fed). Most of the world’s central-bank reserves are held in US dollars.
Available archived CNY/USD observations within the last 365 days range from 0.1403 to 0.1490, with a +6.14% 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.