As of 28 November 2024, the Chinese Yuan to US Dollar exchange rate stands at USD 7.24 for both buying and selling, according to the open market rate. It's important to note that exchange rates between the CNY and USD are subject to constant 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 the Chinese Yuan against various other currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.54 | 1.54 |
| British Pound (GBP) | 0.79 | 0.79 |
| Canadian Dollar (CAD) | 1.40 | 1.40 |
| Chinese Yuan (CNY) | 7.24 | 7.24 |
| Euro (EUR) | 0.95 | 0.95 |
| Japanese Yen (JPY) | 151.16 | 151.16 |
| New Zealand Dollar (NZD) | 1.70 | 1.70 |
| Swiss Franc (CHF) | 0.88 | 0.88 |
It's worth noting that open market currency exchange rates may differ from those offered by banks, with banks typically charging higher rates. This information is particularly relevant for those seeking the best possible exchange rates for their currency conversions.
For the most up-to-date exchange rates, individuals can refer to the country's top currency rates portal, which provides timely updates on inter-bank currency rates. Staying informed about exchange rate fluctuations can help individuals make informed decisions when converting currencies.
