As of 20 September 2024, the Chinese Yuan to USD exchange rate stands at USD 7.05 for both buying and selling, according to the open market rate. This rate is subject to fluctuations due to global supply and demand dynamics.
For individuals or businesses looking to convert currencies, understanding the current exchange rate is crucial. By keeping track of the latest rates, one can make informed decisions to secure the best possible conversion rate.
Here is a snapshot of the exchange rates for Chinese Yuan to USD and other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Chinese Yuan (CNY) | 7.05 | 7.05 |
| Australian Dollar (AUD) | 1.47 | 1.47 |
| British Pound (GBP) | 0.75 | 0.75 |
| Canadian Dollar (CAD) | 1.36 | 1.36 |
| Euro (EUR) | 0.89 | 0.89 |
| Japanese Yen (JPY) | 143.82 | 143.82 |
| New Zealand Dollar (NZD) | 1.60 | 1.60 |
| Swiss Franc (CHF) | 0.85 | 0.85 |
It's important to note that open market currency exchange rates may differ from those offered by banks. Banks typically charge higher exchange rates, making it beneficial for individuals to stay informed about the inter-bank rates.
For the most up-to-date exchange rates and currency information, individuals can refer to the country's top currency rates portal, which provides timely updates on inter-bank rates.
