As of 28 February 2025, the Chinese Yuan to US Dollar exchange rate stands at USD 7.28 for both buying and selling, according to the open market rate. It's important to note that exchange rates between the Chinese Yuan and the US Dollar 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 in order to get the best value for their money. Keeping track of the exchange rate trends can help in making informed decisions when it comes to currency conversion.
Here is a snapshot of the latest exchange rates for the Chinese Yuan against other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.61 | 1.61 |
| British Pound (GBP) | 0.80 | 0.80 |
| Canadian Dollar (CAD) | 1.45 | 1.45 |
| Chinese Yuan (CNY) | 7.28 | 7.28 |
| Euro (EUR) | 0.96 | 0.96 |
| Japanese Yen (JPY) | 150.62 | 150.62 |
| New Zealand Dollar (NZD) | 1.79 | 1.79 |
| Swiss Franc (CHF) | 0.90 | 0.90 |
It's worth noting that while open market currency exchange rates provide a general indication of the value of a currency, actual rates may vary, especially when dealing with banks. Banks often charge higher exchange rates compared to the open market rates.
For the most up-to-date information on inter-bank currency rates, individuals can refer to reliable currency rate portals to ensure they are getting the best possible exchange rates for their transactions.
