United States dollars to Chinese yuan today
Convert USD to CNY at the mid-market exchange rate. Compare the best money transfer providers and find the cheapest way to send money.
Exchange Rate Trend
USD to CNY Conversion Table
Convert USD to CNY
| USD | CNY |
|---|---|
| $1 | ¥6.97 |
| $5 | ¥34.84 |
| $10 | ¥69.69 |
| $25 | ¥174.22 |
| $50 | ¥348.44 |
| $100 | ¥696.89 |
| $500 | ¥3,484.42 |
| $1,000 | ¥6,968.85 |
| $5,000 | ¥34,844.25 |
| $10,000 | ¥69,688.50 |
Convert CNY to USD
| CNY | USD |
|---|---|
| ¥1 | $0.1435 |
| ¥5 | $0.7175 |
| ¥10 | $1.435 |
| ¥25 | $3.5874 |
| ¥50 | $7.1748 |
| ¥100 | $14.3496 |
| ¥500 | $71.7478 |
| ¥1,000 | $143.4957 |
| ¥5,000 | $717.4785 |
| ¥10,000 | $1,434.957 |
About the US Dollar (USD)
The United States Dollar (USD) is the world's primary reserve currency and the most traded currency globally. It is issued by the Federal Reserve and is used as the benchmark for commodities like oil and gold.
Key Factors That Influence USD
- Federal Reserve interest rate decisions
- US employment data and GDP growth
- Inflation rates (CPI)
- Global risk sentiment and safe-haven demand
- Trade balance and current account
About the Chinese Yuan (CNY)
The Chinese Yuan (CNY) is the official currency of the People's Republic of China and is increasingly used in international trade. It is managed by the People's Bank of China with a controlled exchange rate.
Key Factors That Influence CNY
- PBOC policy and rate settings
- China's GDP and trade data
- US-China trade relations
- Capital flow controls
- Government economic stimulus measures
Understanding the USD/CNY Exchange Rate
The USD/CNY exchange rate tells you how many Chinese yuan you get for 1 US Dollar. This is the mid-market rate, which is the real exchange rate without any markup from banks or money transfer services.
When sending money from US Dollar to Chinese Yuan, always compare providers to find the best rate. Different services charge different fees and offer different exchange rates, so comparing can save you money on international transfers.
The exchange rate between USD and CNY fluctuates based on supply and demand in the foreign exchange market. Economic data releases, central bank announcements, and geopolitical events can all cause significant movements in the rate.
Tips for Getting the Best USD to CNY Rate
Whether you're sending money abroad, paying for goods in a foreign currency, or traveling, getting a good exchange rate can save you significant money. Here's how to maximize your CNY:
- Compare the mid-market rate: The rate shown on this page is the real exchange rate. Compare any rate you're offered against this to see the true markup.
- Avoid banks and airports: Traditional banks typically charge 3-5% markup, while airport exchanges can charge 10% or more. Online specialists offer much better rates.
- Use specialist money transfer services: Services like Wise, OFX, and Remitly offer rates much closer to the mid-market rate than banks.
- Check total costs, not just rates: Some providers advertise great rates but charge high fees. Always compare the total amount you'll receive.
- Time your exchange: Rates fluctuate constantly. If your transfer isn't urgent, monitor rates and exchange when they're favorable.
- Consider rate alerts: Many services let you set alerts for when the USD/CNY rate reaches your target level.
How USD/CNY Exchange Rates Work
Exchange rates are determined by supply and demand in the global foreign exchange (forex) market, the largest financial market in the world with over $6 trillion traded daily.
Floating vs Fixed Rates: Most major currencies like USD and CNY have floating exchange rates, meaning their value is determined by market forces. Some currencies are pegged to another currency (usually USD) at a fixed rate.
Bid and Ask Prices: In forex markets, currencies are quoted with a bid price (what buyers pay) and ask price (what sellers receive). The mid-market rate shown on this page is the midpoint between these two prices.
Rate Fluctuations: The USD/CNY rate can change every second during trading hours. Major economic announcements, interest rate decisions, and geopolitical events can cause significant moves in either direction.
Frequently Asked Questions About USD/CNY
How do I convert USD to CNY?
To convert USD to CNY: (1) Enter the amount in USD you want to convert in the calculator above. (2) The calculator will automatically show the equivalent in CNY using the live mid-market rate. Current rate: 1 USD = 6.9688 CNY. For the best rates when transferring money, compare providers like Wise, Remitly, and OFX.
What is 1 USD in CNY today?
1 USD equals 6.9688 CNY as of today. This is the mid-market exchange rate, which is the real rate without any bank markup. Rates fluctuate constantly based on market conditions, so check back regularly for updates.
Is the USD going up or down against CNY today?
The USD/CNY exchange rate fluctuates throughout the day based on market conditions. Today's rate is 1 USD = 6.9688 CNY. Check our historical chart above to see the trend over the past day, week, month, or year to understand whether USD is strengthening or weakening against CNY.
What is the best time to buy CNY with USD?
The best time to exchange USD to CNY depends on market conditions. Generally, rates tend to be more favorable during overlapping trading hours between major financial centers (London, New York, Tokyo). Avoid exchanging during weekends or bank holidays when spreads may be wider. Use our historical chart to identify trends and consider setting up rate alerts.
Why is USD falling or rising against CNY?
Exchange rates between USD and CNY are influenced by: interest rate differentials between central banks, inflation rates, GDP and economic growth data, trade balances, political stability, and global market sentiment. Major announcements from the Federal Reserve, ECB, or other central banks can cause significant short-term movements in the USD/CNY rate.
How can I get the best USD to CNY exchange rate?
To get the best USD/CNY rate: (1) Compare rates from multiple providers - banks typically charge 3-5% markup. (2) Use specialist services like Wise, Remitly, or OFX which offer near mid-market rates. (3) Avoid airport and hotel exchanges which have the highest markups. (4) Check for hidden fees in addition to the exchange rate. (5) Consider a multi-currency account for frequent exchanges.
What is the mid-market rate for USD/CNY?
The mid-market rate (also called the interbank rate) is the midpoint between buy and sell prices in global currency markets. The current mid-market rate is 1 USD = 6.9688 CNY. This is the "real" exchange rate without any bank markup. Compare any rate you're offered against this mid-market rate to see the true cost of your exchange.