As of 1 June 2024, the Chinese Yuan to USD exchange rate stands at USD 7.24 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. The table below provides a snapshot of the exchange rates for various currencies against the Chinese Yuan:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.50 | 1.50 |
| British Pound (GBP) | 0.79 | 0.79 |
| Canadian Dollar (CAD) | 1.37 | 1.37 |
| Chinese Yuan (CNY) | 7.24 | 7.24 |
| Euro (EUR) | 0.92 | 0.92 |
| Japanese Yen (JPY) | 157.25 | 157.25 |
| New Zealand Dollar (NZD) | 1.62 | 1.62 |
| Swiss Franc (CHF) | 0.90 | 0.90 |
It's important to note that open market currency exchange rates may differ from those offered by banks. Banks typically charge higher exchange rates. This portal provides timely updates on inter-bank currency rates, offering users the latest information to make informed decisions when converting currencies.
