The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘Get Rates’.
USD to CNY Market Data
US dollar (USD) to Chinese yuan (CNY) market data - latest interbank exchange rate, trend, chart & historic rates.
USD to CNY is at 7-day highs near 7.1933, just 0.7% below its 3-month average of 7.2475, having traded in a very stable 2.4% range from 7.1760 to 7.3499
Is the USD to CNY Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the US dollar against the Chinese yuan is to review how the USD/CNY rate has changed over time.
The table below shows the percentage change in the USD to CNY exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
USD/CNY hits 7-day high of 7.1933 as Fed rate cut chances grow after weak US inflation data (2.4% vs exp 2.5%). Analysts warn CNY could weaken further as PBOC eases stance amid US tariff pressures. Yuan nearing 3-month avg of 7.2475 w/ 2.4% trading range in recent wks
To help you understand the real-world value of the current exchange rate, the table below shows how much US dollar are worth in Chinese yuan across a range of amounts.
This gives a quick view of what you’d get when converting different USD amounts at today’s rate * :
What is the
best Send Money conversion rate for USD to CNY?
The best USD to CNY exchange rate is 7.129 from Wise. This is -0.65% compared to the mid-market rate 7.1756.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
US dollar (USD) to Chinese yuan (CNY) rates from different sources before making a conversion.
The above
Dollar to Yuan comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest USD-CNY mid-rate and the possible savings of using various providers.
How do USD-CNY rates compare between providers?
Looking at the
full comparison table
the best USD to CNY exchange rate is 7.129 from Wise, -0.65% from the mid-market rate 7.1756. The next best rate is 7.0608 from Western Union, -1.6% from the mid-rate. Then WorldRemit with 7.0034 is -2.4% from the mid-rate.
Among the banks the Chase Bank rate is 6.5431 at -8.8% the Wells Fargo Bank rate is 6.5001 at -9.4% and the Citibank rate is 6.8302 at -4.8% compared to the mid-rate 7.1756.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.