As of 28 April 2024, the Chinese Yuan to USD exchange rate stands at USD 7.25 for both buying and selling, according to the open market rate. It's important to note that exchange rates between the Chinese Yuan and US Dollar are subject to constant fluctuations based on global supply and demand dynamics.
For individuals or businesses looking to convert currencies, understanding the current exchange rate is crucial to ensure the best possible deal. 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) | 1.53 | 1.53 |
| British Pound (GBP) | 0.79 | 0.79 |
| Canadian Dollar (CAD) | 1.37 | 1.37 |
| Chinese Yuan (CNY) | 7.25 | 7.25 |
| Euro (EUR) | 0.93 | 0.93 |
| Japanese Yen (JPY) | 158.10 | 158.10 |
| New Zealand Dollar (NZD) | 1.68 | 1.68 |
| Swiss Franc (CHF) | 0.90 | 0.90 |
It's worth noting that while open market currency exchange rates provide a general indication of the market rate, banks often charge higher rates for currency exchange. Therefore, individuals should stay informed about inter-bank rates to make informed decisions regarding currency conversions.
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 regularly updates its data to reflect the latest market trends.
