As of 1 January 2025, the Chinese Yuan to US Dollar exchange rate stands at USD 7.30 for both buying and selling, according to the open market rate. It is important to note that exchange rates between currencies, such as CNY to USD, 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 in order to secure the best possible deal. 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 Chinese Yuan (CNY) to US Dollar (USD) and 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) | 1.44 | 1.44 |
| Chinese Yuan (CNY) | 7.30 | 7.30 |
| Euro (EUR) | 0.97 | 0.97 |
| Japanese Yen (JPY) | 157.65 | 157.65 |
| New Zealand Dollar (NZD) | 1.79 | 1.79 |
| Swiss Franc (CHF) | 0.91 | 0.91 |
It is 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 Chinese Yuan. Banks typically charge a higher exchange rate compared to the open market rates.
For the most up-to-date information on inter-bank currency rates and to stay informed about currency exchange trends, individuals can refer to reliable sources such as the country's top currency rates portal, which regularly updates its exchange rate data.
