As of 6 April 2024, the Chinese Yuan to USD exchange rate stands at USD 7.23 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 involved in currency exchange, staying informed about exchange rates is crucial to ensure transactions are conducted at the most favorable rates. The table below provides a snapshot of the current exchange rates for Chinese Yuan to US Dollar and other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.52 | 1.52 |
| Canadian Dollar (CAD) | 1.36 | 1.36 |
| Chinese Yuan (CNY) | 7.23 | 7.23 |
| Euro (EUR) | 0.92 | 0.92 |
| Swiss Franc (CHF) | 0.90 | 0.90 |
It is important to note that open market currency exchange rates may differ from those offered by banks, with banks typically charging higher exchange rates. Keeping track of inter-bank currency rates can help individuals and businesses make informed decisions when it comes to currency exchange.
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 exchange rates.
