Chinese Yuan to US Dollar Exchange rates fluctuate constantly, with the current buying exchange rate at USD 7.24 and the selling exchange rate at USD 7.24 as per the open market rate on 13 April 2024.
Understanding the dynamics of currency exchange rates is crucial, as they are influenced by global supply and demand. Keeping track of the exchange rate can help individuals convert currency at the most favorable rate.
Here is a snapshot of the exchange rates for Chinese Yuan to US Dollar and other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.54 | 1.54 |
| British Pound (GBP) | 0.80 | 0.80 |
| Canadian Dollar (CAD) | 1.38 | 1.38 |
| Chinese Yuan (CNY) | 7.24 | 7.24 |
| Euro (EUR) | 0.94 | 0.94 |
| Japanese Yen (JPY) | 153.28 | 153.28 |
| New Zealand Dollar (NZD) | 1.68 | 1.68 |
| Swiss Franc (CHF) | 0.91 | 0.91 |
It is important to note that open market currency exchange rates may differ from those offered by banks, with banks typically charging higher rates. This portal provides timely updates on inter-bank currency rates, offering users accurate and up-to-date information on currency exchange rates.
