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Chinese Yuan To USD Exchange Rate Update: USD 7.23

Exchange rates fluctuate based on global supply and demand dynamics.

As of 13 May 2024, the Chinese Yuan to USD buying exchange rate stands at USD 7.23, with the selling exchange rate for 1 Chinese Yuan also at USD 7.23. These rates are based on the open market rate and are subject to fluctuations due to global supply and demand dynamics.

It is important to note that currency exchange rates are constantly changing, and staying informed about the latest rates can help individuals make more informed decisions when converting currencies. The table below provides a snapshot of the current exchange rates for Chinese Yuan to USD and other major currencies:

Currency Buying Rate Selling Rate
Australian Dollar (AUD) 1.52 1.52
British Pound (GBP) 0.80 0.80
Canadian Dollar (CAD) 1.37 1.37
Chinese Yuan (CNY) 7.23 7.23
Euro (EUR) 0.93 0.93
Japanese Yen (JPY) 155.82 155.82
New Zealand Dollar (NZD) 1.66 1.66
Swiss Franc (CHF) 0.91 0.91

It is worth noting that open market currency exchange rates may differ from those offered by banks, which typically charge higher rates. Keeping track of inter-bank currency rates can help individuals secure more favorable exchange rates.

For the most up-to-date exchange rates and information on Chinese Yuan and other currencies, individuals can refer to the country's top currency rates portal, which provides timely updates on currency exchange rates.

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