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Convert 1 US Dollar (USD) to Chinese Yuan (CNY)

Exchange rates used for currency conversion updated on November 03rd 2024 ( 11/03/2024 )

Below you will find the latest exchange rates for exchanging US Dollar (USD) to Chinese Yuan (CNY) , a table containing most common conversions and a chart with the pair's evolution. The US Dollar (USD) to Chinese Yuan (CNY) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.

If you need to SWAP these currencies go to Chinese Yuan (CNY) to US Dollar (USD) page.

1 USD = 7.1227 CNY

The currency exchange rate, calculated between US Dollar and Chinese Yuan on 11/03/2024 is 1 USD = 7.1227 CNY - AVERAGE intraday quotes were used for this currency conversion.

Convert 1 USD / 1 CNY to major currencies

USD to CNY Exchange Rate History Chart

Last 7 days History

Date USD CNY
2024-11-02 1 USD = 0.1404 CNY
2024-11-01 1 USD = 0.14037 CNY
2024-10-31 1 USD = 0.14049 CNY
2024-10-30 1 USD = 0.14038 CNY
2024-10-29 1 USD = 0.14011 CNY
2024-10-28 1 USD = 0.14027 CNY
2024-10-27 1 USD = 0.14043 CNY
One year History

About US Dollar (USD)

The privately owned and government sanctioned United States Federal Reserve Bank manages the monetary policy for the United States dollar (USD). The USD is the the worlds most widely held reserve currency and the most traded currency in world currency trading markets. The USD is official currency in 14 countries and the unofficial or de facto currency in 37 others. The US dollar is the second largest currency in circulation having been surpassed by the euro. The USD is a floating fiat currency.

About Chinese Yuan (CNY)

CNY represents the Peoples Republic of China (PRC), Chinese peoples currency known as the renminbi and denominated in yuan. It is controlled by the Monetary Policy Authority within the PRC and has until recently not been allowed to be circulated outside of mainland China. Recent developments and gradual changed in PRC policies toward more open markets and less central planning are slowly distributing the yuan for use worldwide. This is a clear plan setting the stage for the PRC target of the CNY overtaking all currencies worldwide in the future.

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