US Dollar to Chinese Yuan Renminbi Exchange Rate
Live Rate
Refreshing in: 60s | Fri, Jul 19, 01:04PM GMT
- Cheap transfers
- Bank-beating exchange rates
- Safe and reliable
Why we like: TransferWise
When you need to send money, benefit from competitive mid-market exchange rates and straightforward fees with TransferWise.
- Transparent fees and very low exchange rates.
- Next-day delivery to your loved ones or businesses.
- Trusted the world over, with five-star ratings on Trustpilot.
US Dollar
The US dollar is the most traded currency in the world. The world’s unofficial reserve currency, it can be found in most major currency pairs. In forex, it’s an important benchmark and target rate for countries that fix or peg their currencies against its value. It is also used as the standard currency for oil, precious metals and other commodities.
| Currency: | US Dollar |
| Currency Symbol: | $ |
| Sub unit: | cents |
| Bank notes: | $1, $5, $10, $20, $50, $100 |
| Coins: | 1c, 5c, 10c, 25c, 50c |
Chinese Yuan Renminbi
The yuan renminbi is the official currency of China. With the second highest economy in the world, China the top exporter and second-largest importer in the world. While the IMT approved the yuan as a major world currency in 2015, a recent steep drop in value has jeopardized it being used as a reserve currency.
| Currency: | Chinese Yuan Renminbi |
| Currency Symbol: | ¥ |
| Sub unit: | yuán (元,圆), jiǎo (角), fēn (分) |
| Bank notes: | ¥0.1, ¥0.5, ¥1, ¥0.2, ¥2, ¥5, ¥10, ¥20, ¥50, ¥100 |
| Coins: | ¥0.1, ¥0.5, ¥1 |
US Dollar to the Chinese Yuan Renminbi for the last 10 years
| Jul 2009 | Jul 2010 | Jul 2011 | Jul 2012 | Jul 2013 | Jul 2014 | Jul 2015 | Jul 2016 | Jul 2017 | Jul 2018 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 USD = | 6.8339 Inverse: 0.1463 | 6.7775 Inverse: 0.1475 | 6.4688 Inverse: 0.1546 | 6.3737 Inverse: 0.1569 | 6.1440 Inverse: 0.1628 | 6.1969 Inverse: 0.1614 | 6.1899 Inverse: 0.1616 | 6.6884 Inverse: 0.1495 | 6.7417 Inverse: 0.1483 | 6.6908 Inverse: 0.1495 |
How does the US dollar trade against the Chinese yuan renminbi historically?
From January 1994 to May 2006, the US dollar traded at around 8 CNY. Between 2000 and mid-2006, its value fluctuated within a margin of less than 0.30 CNY — from 8 CNY to 8.27 CNY. The US dollar fell under the 8 CNY mark to trade at 7.998 CNY in June 2006. The Chinese yuan then began to gain ground, and by the end of 2006 the US dollar was valued at 7.812 CNY.
Signs of China’s improving economy were plain to see by 2006. By 2008, the US subprime crisis had affected our economy, but the Chinese economy showed no sign of slowing. While the dollar remained over the 7 CNY mark until March 2008, it was valued at 6.992 CNY in April 2008.
A recovering economy saw the US dollar stabilize against most major currencies. While the Chinese yuan continued its upward trend, the pace was not particularly noteworthy. In April 2008, it continued to rise in value against the US dollar, and by May 2011 the US dollar traded at slightly less than 6.5 CNY. Signs of economic stabilization were visible by December 2012, at which point the dollar valued at 6.286 CNY.
The slow upward trend of the Chinese yuan continued for a few more months, and the US dollar traded at 6.098 CNY in January 2014. By then, the US economy was buoyed by a rise in consumer confidence and consumption as well as an increase in the employment rate. After a spell of dominance, the CNY fell by around 2%, with the dollar trading at 6.129 CNY in December 2014.
An early 2015 Goldman Sachs report predicted strong growth in the economy through 2017, which led to the US dollar gaining ground against most currencies. By April 2015 the dollar was valued at 6.095 CNY, around which it stayed until July 2015. In August 2015, the Chinese yuan increased in value slightly to trade against the dollar at 6.317 CNY.
US Dollar to the Chinese Yuan Renminbi for the last 10 months
| Sep 2018 | Oct 2018 | Nov 2018 | Dec 2018 | Jan 2019 | Feb 2019 | Mar 2019 | Apr 2019 | May 2019 | Jun 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 USD = | 6.8571 Inverse: 0.1458 | 6.9377 Inverse: 0.1441 | 6.9380 Inverse: 0.1441 | 6.8918 Inverse: 0.1451 | 6.7788 Inverse: 0.1475 | 6.7586 Inverse: 0.1480 | 6.7181 Inverse: 0.1489 | 6.7094 Inverse: 0.1490 | 6.9104 Inverse: 0.1447 | 6.8699 Inverse: 0.1456 |
US Dollar to the Chinese Yuan Renminbi for the last 10 days
| Jul 09 | Jul 10 | Jul 11 | Jul 12 | Jul 13 | Jul 14 | Jul 15 | Jul 16 | Jul 17 | Jul 18 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 USD = | 6.8892 Inverse: 0.1452 | 6.8733 Inverse: 0.1455 | 6.8702 Inverse: 0.1456 | 6.8808 Inverse: 0.1453 | 6.8808 Inverse: 0.1453 | 6.8808 Inverse: 0.1453 | 6.8778 Inverse: 0.1454 | 6.8762 Inverse: 0.1454 | 6.8737 Inverse: 0.1455 | 6.8800 Inverse: 0.1453 |
Send money from USD to CNY
Market rate for common transfer amounts USD to CNY
| US Dollars (USD) | Chinese Yuan Renminbi (CNY) |
|---|---|
| $1 | 0 |
| $100 | 0 |
| $500 | 0 |
| $1000 | 0 |
| $1500 | 0 |
| $2500 | 0 |
| $5000 | 0 |
US International Money Transfer Offers
Important Information*
Ask an Expert
how do I collect the yuan from an online conversion from USD
Hi Sylvia,
Thanks for getting in touch with finder. I hope all is well with you. :)
You can collect your converted Yuan money depending on the options provided by your provider. Most providers would send you the money to your bank account while others may send it to your doorsteps. To confirm, it would be a good idea to directly check with your provider to learn more about how you will receive your converted money.
I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.
Have a wonderful day!
Cheers,
Joshua