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Live Rate
Refreshing in: 60s | Mon, Mar 08, 10:56AM GMT
Wise uses the mid-market rate and transparent fees to help you send money in 45+ currencies.
US Dollar
| 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
| 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 |
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 USD = | 6.5660 Inverse: 0.1523 | 6.3177 Inverse: 0.1583 | 6.2288 Inverse: 0.1605 | 6.1268 Inverse: 0.1632 | 6.2424 Inverse: 0.1602 | 6.5181 Inverse: 0.1534 | 6.9025 Inverse: 0.1449 | 6.3261 Inverse: 0.1581 | 6.7151 Inverse: 0.1489 | 6.9320 Inverse: 0.1443 |
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.
| May 2020 | Jun 2020 | Jul 2020 | Aug 2020 | Sep 2020 | Oct 2020 | Nov 2020 | Dec 2020 | Jan 2021 | Feb 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 USD = | 7.1047 Inverse: 0.1408 | 7.0820 Inverse: 0.1412 | 7.0140 Inverse: 0.1426 | 6.9678 Inverse: 0.1435 | 6.8305 Inverse: 0.1464 | 6.7902 Inverse: 0.1473 | 6.6114 Inverse: 0.1513 | 6.5433 Inverse: 0.1528 | 6.4754 Inverse: 0.1544 | 6.4353 Inverse: 0.1554 |
| Feb 26 | Feb 27 | Feb 28 | Mar 01 | Mar 02 | Mar 03 | Mar 04 | Mar 05 | Mar 06 | Mar 07 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 USD = | 6.4789 Inverse: 0.1543 | 6.4789 Inverse: 0.1543 | 6.4767 Inverse: 0.1544 | 6.4658 Inverse: 0.1547 | 6.4705 Inverse: 0.1545 | 6.4679 Inverse: 0.1546 | 6.4700 Inverse: 0.1546 | 6.4968 Inverse: 0.1539 | 6.4968 Inverse: 0.1539 | 6.4968 Inverse: 0.1539 |
| US Dollars (USD) | Chinese Yuan Renminbi (CNY) |
|---|---|
| $1 | 0 |
| $100 | 0 |
| $500 | 0 |
| $1000 | 0 |
| $1500 | 0 |
| $2500 | 0 |
| $5000 | 0 |
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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