As of 8 February 2025, the Chinese Yuan to US Dollar exchange rate stands at USD 7.29 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 secure the best possible deal. 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) | 1.59 | 1.59 |
| British Pound (GBP) | 0.81 | 0.81 |
| Canadian Dollar (CAD) | 1.43 | 1.43 |
| Chinese Yuan (CNY) | 7.29 | 7.29 |
| Euro (EUR) | 0.97 | 0.97 |
| Japanese Yen (JPY) | 151.38 | 151.38 |
| New Zealand Dollar (NZD) | 1.77 | 1.77 |
| Swiss Franc (CHF) | 0.91 | 0.91 |
It's worth noting that while open market currency exchange rates provide a general indication of the value of a currency, banks often charge higher rates for currency exchange. Therefore, individuals should stay informed about inter-bank currency rates to make informed decisions when converting currencies.
